MONETT, Mo. – Jack Henry & Associates CEO Jack Prim took advantage of a run-up in the company’s share price amidst the frenzied takeovers of competitors by exercising 35,000 options last Friday, then selling the shares at a quick $624,000 gain. Prim exercised the options at $6.03 each, then sold the shares for $23.86 each, as the shares neared a new high after the company announced a six-cent dividend, according to a filing with the Securities and Exchange Commission. Jack Henry shares have risen about 9% over the past three months as major competitors Open Solutions, Digital Insight, John H. Harland Co. and Corillian have all fallen prey to takeovers.
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