John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Director Mathias A. Valentine sold 4,590 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $92.84, for a total transaction of $426,135.60. Following the transaction, the director now owns 16,044 shares in the company, valued at approximately $1,489,524.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

NASDAQ:JBSS traded down $0.71 during trading hours on Friday, reaching $94.81. 2,148 shares of the company’s stock were exchanged, compared to its average volume of 105,263. The company has a market capitalization of $1.09 billion, a P/E ratio of 27.48 and a beta of 0.98. John B. Sanfilippo & Son, Inc. has a 12 month low of $53.12 and a 12 month high of $96.88. The company has a quick ratio of 0.81, a current ratio of 2.69 and a debt-to-equity ratio of 0.08. The business’s 50-day simple moving average is $85.33 and its two-hundred day simple moving average is $77.33.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its earnings results on Wednesday, August 21st. The company reported $0.98 earnings per share for the quarter, topping 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%.

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

Large investors have recently modified their holdings of the stock. WCM Investment Management LLC boosted its stake in John B. Sanfilippo & Son by 71.9% in the 1st quarter. WCM Investment Management LLC now owns 94,630 shares of the company’s stock worth $6,801,000 after purchasing an additional 39,592 shares during the period. WINTON GROUP Ltd boosted its stake in John B. Sanfilippo & Son by 83.0% in the 2nd quarter. WINTON GROUP Ltd now owns 17,353 shares of the company’s stock worth $1,383,000 after purchasing an additional 7,870 shares during the period. Victory Capital Management Inc. boosted its stake in John B. Sanfilippo & Son by 16.5% in the 1st quarter. Victory Capital Management Inc. now owns 18,010 shares of the company’s stock worth $1,294,000 after purchasing an additional 2,550 shares during the period. Martingale Asset Management L P boosted its stake in John B. Sanfilippo & Son by 23.4% in the 1st quarter. Martingale Asset Management L P now owns 52,153 shares of the company’s stock worth $3,749,000 after purchasing an additional 9,900 shares during the period. Finally, California Public Employees Retirement System boosted its stake in John B. Sanfilippo & Son by 100.0% in the 1st quarter. California Public Employees Retirement System now owns 27,312 shares of the company’s stock worth $1,963,000 after purchasing an additional 13,653 shares during the period. Hedge funds and other institutional investors own 68.81% of the company’s stock.

A number of research analysts recently commented on the stock. BidaskClub upgraded shares of John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a research note on Tuesday, August 27th. Sidoti raised 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 note on Thursday.

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.

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

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