Insider Selling: John B. Sanfilippo & Son, Inc. (JBSS) Director Sells $56,363.84 in Stock

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Director Daniel M. Wright sold 884 shares of the company’s stock in a transaction on Wednesday, December 20th. The stock was sold at an average price of $63.76, for a total value of $56,363.84. Following the sale, the director now owns 16,820 shares of the company’s stock, valued at approximately $1,072,443.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of John B. Sanfilippo & Son, Inc. (NASDAQ JBSS) traded down $0.48 during trading hours on Friday, reaching $63.24. The company’s stock had a trading volume of 47,169 shares, compared to its average volume of 85,255. The company has a market cap of $719.84, a P/E ratio of 19.89 and a beta of 0.95. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.04 and a quick ratio of 0.65. John B. Sanfilippo & Son, Inc. has a 52-week low of $55.10 and a 52-week high of $74.69.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings data on Monday, October 30th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.07. The firm had revenue of $214.80 million during the quarter, compared to the consensus estimate of $216.11 million. John B. Sanfilippo & Son had a return on equity of 18.44% and a net margin of 4.86%. The business’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.89 EPS.

Several equities research analysts recently issued reports on JBSS shares. BidaskClub upgraded John B. Sanfilippo & Son from a “sell” rating to a “hold” rating in a report on Saturday, December 16th. Sidoti downgraded John B. Sanfilippo & Son from a “buy” rating to a “neutral” rating and set a $70.00 price target for the company. in a report on Tuesday, October 31st.

A number of large investors have recently made changes to their positions in JBSS. Royce & Associates LP grew its stake in shares of John B. Sanfilippo & Son by 0.9% during the 3rd quarter. Royce & Associates LP now owns 1,037,500 shares of the company’s stock worth $69,834,000 after acquiring an additional 9,300 shares during the period. NWQ Investment Management Company LLC grew its stake in shares of John B. Sanfilippo & Son by 1.7% during the 3rd quarter. NWQ Investment Management Company LLC now owns 870,471 shares of the company’s stock worth $58,591,000 after acquiring an additional 14,438 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of John B. Sanfilippo & Son by 0.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 728,136 shares of the company’s stock worth $45,953,000 after acquiring an additional 3,375 shares during the period. Vanguard Group Inc. grew its stake in shares of John B. Sanfilippo & Son by 29.4% during the 2nd quarter. Vanguard Group Inc. now owns 560,117 shares of the company’s stock worth $35,348,000 after acquiring an additional 127,375 shares during the period. Finally, Janus Henderson Group PLC bought a new position in shares of John B. Sanfilippo & Son during the 2nd quarter worth $19,974,000. Hedge funds and other institutional investors own 72.86% of the company’s stock.

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About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc is a processor and distributor of peanuts, pecans, cashews, walnuts, almonds and other nuts. The Company offers nuts under a range of private brands and under the Fisher, Orchard Valley Harvest, Fisher Nut Exactly and Sunshine Country brand names. The Company also markets and distributes a diverse product line of food and snack products, including snack mixes, salad toppings, snacks, snack bites, trail mixes, dried fruit, and chocolate and yogurt coated products under private brands and brand names.

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