Frank S. Pellegrino Sells 750 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Stock

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) VP Frank S. Pellegrino sold 750 shares of John B. Sanfilippo & Son stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $94.78, for a total transaction of $71,085.00. Following the completion of the transaction, the vice president now owns 15,901 shares of the company’s stock, valued at approximately $1,507,096.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

NASDAQ JBSS traded down $0.98 on Friday, hitting $94.54. 3,844 shares of the stock were exchanged, compared to its average volume of 105,263. The company has a quick ratio of 0.81, a current ratio of 2.69 and a debt-to-equity ratio of 0.08. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $53.12 and a fifty-two week high of $96.88. The company has a market cap of $1.09 billion, a PE ratio of 27.48 and a beta of 0.98. The company has a 50-day moving average price of $85.33 and a 200-day moving average price of $77.33.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings results on Wednesday, August 21st. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.66 by $0.32. John B. Sanfilippo & Son had a net margin of 4.50% and a return on equity of 16.55%. The company had revenue of $216.76 million during the quarter.

The company also recently declared an annual dividend, which was paid on Tuesday, August 20th. Shareholders of record on Tuesday, August 6th were issued a dividend of $0.60 per share. This represents a yield of 0.74%. The ex-dividend date was Monday, August 5th. This is a boost from John B. Sanfilippo & Son’s previous annual dividend of $0.55.

A number of hedge funds and other institutional investors have recently bought and sold shares of JBSS. BNP Paribas Arbitrage SA grew its position in John B. Sanfilippo & Son by 2,467.1% in the 1st quarter. BNP Paribas Arbitrage SA now owns 1,797 shares of the company’s stock worth $129,000 after purchasing an additional 1,727 shares during the period. Comerica Bank grew its position in John B. Sanfilippo & Son by 2.6% in the 1st quarter. Comerica Bank now owns 8,664 shares of the company’s stock worth $621,000 after purchasing an additional 221 shares during the period. Texas Permanent School Fund grew its position in John B. Sanfilippo & Son by 4.2% in the 1st quarter. Texas Permanent School Fund now owns 5,968 shares of the company’s stock worth $429,000 after purchasing an additional 243 shares during the period. Victory Capital Management Inc. grew its position in shares of John B. Sanfilippo & Son by 16.5% during the 1st quarter. Victory Capital Management Inc. now owns 18,010 shares of the company’s stock valued at $1,294,000 after acquiring an additional 2,550 shares during the period. Finally, California Public Employees Retirement System grew its position in shares of John B. Sanfilippo & Son by 100.0% during the 1st quarter. California Public Employees Retirement System now owns 27,312 shares of the company’s stock valued at $1,963,000 after acquiring an additional 13,653 shares during the period. Institutional investors own 68.81% of the company’s stock.

Several research analysts have commented on JBSS shares. Sidoti boosted their price target on shares of John B. Sanfilippo & Son from $83.00 to $91.00 and gave the stock a “neutral” rating in a report on Thursday. BidaskClub upgraded shares of John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a report on Tuesday, August 27th.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc, together with its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.

Further Reading: What is a capital gain?

Insider Buying and Selling by Quarter for John B. Sanfilippo & Son (NASDAQ:JBSS)

Receive News & Ratings for John B. Sanfilippo & Son Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John B. Sanfilippo & Son and related companies with MarketBeat.com's FREE daily email newsletter.