John B. Sanfilippo & Son (NASDAQ:JBSS) VP Michael Finn Purchases 200 Shares of Stock

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) VP Michael Finn acquired 200 shares of the stock in a transaction dated Thursday, November 5th. The stock was acquired at an average cost of $56.08 per share, with a total value of $11,216.00. Following the purchase, the vice president owned 7,276 shares of the company’s stock, valued at approximately $408,038.08. This trade represents a 2.83% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

John B. Sanfilippo & Son Trading Down 0.4%

Shares of JBSS stock opened at $54.52 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.60 and a current ratio of 1.96. The stock has a market capitalization of $637.34 million, a P/E ratio of 11.41 and a beta of 0.34. The company has a 50 day moving average price of $66.88 and a 200 day moving average price of $76.61. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $50.73 and a fifty-two week high of $92.08.

John B. Sanfilippo & Son (NASDAQ:JBSS) last released its earnings results on Wednesday, October 28th. The company reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.53 by ($0.42). John B. Sanfilippo & Son had a return on equity of 14.95% and a net margin of 4.84%. The business had revenue of $288.14 million for the quarter, compared to analyst estimates of $306.92 million. Equities research analysts predict that John B. Sanfilippo & Son, Inc. will post 5.45 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

JBSS has been the topic of several analyst reports. BWS Financial reiterated a “buy” rating and issued a $109.00 price objective on shares of John B. Sanfilippo & Son in a research note on Wednesday, September 30th. Zacks Research lowered John B. Sanfilippo & Son from a “hold” rating to a “strong sell” rating in a report on Thursday, October 1st. Weiss Ratings reissued a “hold (c)” rating on shares of John B. Sanfilippo & Son in a research note on Tuesday, September 8th. Wall Street Zen cut John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Freedom Capital upgraded John B. Sanfilippo & Son from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $100.00.

Institutional Trading of John B. Sanfilippo & Son

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Illinois Municipal Retirement Fund raised its holdings in John B. Sanfilippo & Son by 9.4% during the third quarter. Illinois Municipal Retirement Fund now owns 4,847 shares of the company’s stock worth $322,000 after purchasing an additional 415 shares in the last quarter. CenterBook Partners LP purchased a new stake in shares of John B. Sanfilippo & Son during the 3rd quarter worth approximately $231,000. Signaturefd LLC boosted its holdings in shares of John B. Sanfilippo & Son by 35.3% in the 3rd quarter. Signaturefd LLC now owns 908 shares of the company’s stock valued at $60,000 after buying an additional 237 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of John B. Sanfilippo & Son by 42.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 4,366 shares of the company’s stock valued at $290,000 after buying an additional 1,307 shares in the last quarter. Finally, Viking Fund Management LLC acquired a new position in shares of John B. Sanfilippo & Son in the 3rd quarter valued at $532,000. 70.64% of the stock is currently owned by institutional investors and hedge funds.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc is a food company that processes, packages and distributes nuts and related snack products. Its product portfolio includes peanuts, tree nuts, seeds, snack mixes, nut butters and other snack foods sold through grocery, mass merchandise, club, convenience and foodservice channels.

The company markets products under brands including Fisher, Orchard Valley Harvest and Sunshine Country, while also producing private-label products for retailers and other customers.