John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) VP Howard Brandeisky sold 2,866 shares of the stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $94.17, for a total transaction of $269,891.22. Following the transaction, the vice president now directly owns 8,651 shares of the company’s stock, valued at $814,664.67. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Shares of John B. Sanfilippo & Son stock traded up $0.17 on Friday, reaching $94.77. 98,900 shares of the company traded hands, compared to its average volume of 60,790. John B. Sanfilippo & Son, Inc. has a 52 week low of $53.12 and a 52 week high of $96.88. The company has a 50 day moving average of $86.47 and a 200 day moving average of $78.03. The firm has a market capitalization of $1.06 billion, a PE ratio of 27.07 and a beta of 0.98. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.69 and a quick ratio of 0.81.
John B. Sanfilippo & Son (NASDAQ:JBSS) last released its earnings results on Wednesday, August 21st. The company reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.32. The firm had revenue of $216.76 million during the quarter. John B. Sanfilippo & Son had a net margin of 4.50% and a return on equity of 16.55%.
A number of research analysts have recently weighed in on the stock. Sidoti increased their target price on shares of John B. Sanfilippo & Son from $83.00 to $91.00 and gave the company a “neutral” rating in a research report on Thursday, September 5th. BidaskClub raised shares of John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a research report on Tuesday, August 27th.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in JBSS. C M Bidwell & Associates Ltd. bought a new position in John B. Sanfilippo & Son in the 2nd quarter worth approximately $40,000. BNP Paribas Arbitrage SA boosted its holdings 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 buying an additional 1,727 shares during the period. Bank of Montreal Can boosted its holdings in John B. Sanfilippo & Son by 193.7% in the 2nd quarter. Bank of Montreal Can now owns 1,674 shares of the company’s stock worth $133,000 after buying an additional 1,104 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in John B. Sanfilippo & Son in the 1st quarter worth approximately $217,000. Finally, Stone Ridge Asset Management LLC bought a new position in John B. Sanfilippo & Son in the 2nd quarter worth approximately $220,000. 68.92% of the stock is owned by institutional investors.
John B. Sanfilippo & Son Company Profile
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.
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