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flag Envestnet cuts holdings in J.B. Hunt Transport by 42.9%, despite the company beating earnings expectations.

flag Envestnet Portfolio Solutions Inc. reduced its holdings in J.B. Hunt Transport Services, Inc. by 42.9%, selling 1,323 shares to own 1,763 shares. flag J.B. Hunt, a transportation and logistics company, reported earnings per share of $1.17 for the first quarter, beating analysts' expectations of $1.15. flag The company's market cap is $14.42 billion, and it has a price-to-earnings ratio of 26.38. flag Institutional investors own over 74% of the stock.

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