Insider Buying: J Sainsbury (LON:SBRY) Insider Buys 5,534 Shares of Stock

J Sainsbury plc (LON:SBRY) insider Katie Bickerstaffe bought 5,534 shares of J Sainsbury stock in a transaction on Wednesday, January 14th. The stock was purchased at an average price of GBX 309 per share, for a total transaction of £17,100.06.

Katie Bickerstaffe also recently made the following trade(s):

• On Monday, November 10th, Katie Bickerstaffe acquired 2,889 shares of J Sainsbury stock. The stock was purchased at an average cost of GBX 344 per share, with a total value of £9,938.16.

J Sainsbury Trading Up 0.3%

SBRY stock traded up GBX 1 during midday trading on Wednesday, hitting GBX 309.80. The stock had a trading volume of 1,950,229,625 shares, compared to its average volume of 252,786,328. The company’s 50-day moving average price is GBX 324.04 and its 200 day moving average price is GBX 316.03. The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53. The firm has a market cap of £6.91 billion, a PE ratio of 21.97, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67. J Sainsbury plc has a 12-month low of GBX 223.40 and a 12-month high of GBX 360.40.

J Sainsbury (LON:SBRY) last posted its quarterly earnings data on Thursday, November 6th. The grocer reported GBX 10.30 earnings per share (EPS) for the quarter. J Sainsbury had a return on equity of 1.94% and a net margin of 0.42%. On average, equities research analysts predict that J Sainsbury plc will post 25.7241977 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of J Sainsbury from GBX 350 to GBX 345 and set an “overweight” rating on the stock in a report on Monday. Shore Capital reaffirmed a “house stock” rating on shares of J Sainsbury in a research note on Thursday, November 6th. Finally, Citigroup lowered their price objective on shares of J Sainsbury from GBX 366 to GBX 360 and set a “buy” rating for the company in a research note on Monday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 336.67.

J Sainsbury Company Profile

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority. Our purpose is that driven by our passion for food, together we serve and help every customer.

Our focus on great value food and convenient shopping, whether in-store or online is supported by our brands – Argos, Habitat, Tu, Nectar and Sainsbury’s Bank.