John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) CEO Jeffrey T. Sanfilippo sold 3,832 shares of John B. Sanfilippo & Son stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $95.28, for a total transaction of $365,112.96. Following the transaction, the chief executive officer now directly owns 19,940 shares of the company’s stock, valued at $1,899,883.20. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
John B. Sanfilippo & Son stock opened at $92.33 on Friday. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 27.75 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, Inc. has a 1 year low of $53.12 and a 1 year high of $96.88. The firm has a 50-day moving average of $87.79 and a two-hundred day moving average of $78.91.
John B. Sanfilippo & Son (NASDAQ:JBSS) last released its quarterly earnings data on Wednesday, August 21st. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.32. The company 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%.
Institutional investors have recently added to or reduced their stakes in the business. C M Bidwell & Associates Ltd. bought a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth approximately $40,000. BNP Paribas Arbitrage SA raised its holdings in John B. Sanfilippo & Son by 2,467.1% during the first 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 in the last quarter. Bank of Montreal Can raised its holdings in John B. Sanfilippo & Son by 193.7% during the second quarter. Bank of Montreal Can now owns 1,674 shares of the company’s stock worth $133,000 after purchasing an additional 1,104 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in John B. Sanfilippo & Son during the first quarter worth approximately $217,000. Finally, Stone Ridge Asset Management LLC acquired a new stake in John B. Sanfilippo & Son during the second quarter worth approximately $220,000. 68.86% of the stock is owned by institutional investors.
JBSS has been the subject of several research reports. Sidoti boosted their price objective 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.
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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