John B. Sanfilippo & Son, Inc. (JBSS) VP Frank S. Pellegrino Sells 772 Shares

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) VP Frank S. Pellegrino sold 772 shares of the company’s stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $79.00, for a total transaction of $60,988.00. Following the sale, the vice president now directly owns 17,767 shares of the company’s stock, valued at approximately $1,403,593. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of JBSS stock traded down $0.43 on Friday, hitting $77.89. 3,787 shares of the stock traded hands, compared to its average volume of 56,172. The company has a current ratio of 2.13, a quick ratio of 0.57 and a debt-to-equity ratio of 0.09. The stock has a market cap of $886.78 million, a price-to-earnings ratio of 26.49 and a beta of 1.25. John B. Sanfilippo & Son, Inc. has a twelve month low of $53.12 and a twelve month high of $83.57.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.24. The firm had revenue of $201.83 million for the quarter. John B. Sanfilippo & Son had a net margin of 3.88% and a return on equity of 14.35%.

A number of equities research analysts have recently issued reports on the stock. BidaskClub lowered shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. Sidoti began coverage on shares of John B. Sanfilippo & Son in a research report on Monday, April 1st. They set a “neutral” rating on the stock.

Hedge funds have recently made changes to their positions in the company. MetLife Investment Advisors LLC boosted its position in shares of John B. Sanfilippo & Son by 52.0% during the 3rd quarter. MetLife Investment Advisors LLC now owns 6,307 shares of the company’s stock valued at $450,000 after acquiring an additional 2,157 shares during the last quarter. Vanguard Group Inc boosted its position in shares of John B. Sanfilippo & Son by 1.4% during the 3rd quarter. Vanguard Group Inc now owns 500,750 shares of the company’s stock valued at $35,744,000 after acquiring an additional 7,025 shares during the last quarter. Martingale Asset Management L P boosted its position in shares of John B. Sanfilippo & Son by 27.4% during the 4th quarter. Martingale Asset Management L P now owns 42,253 shares of the company’s stock valued at $2,352,000 after acquiring an additional 9,100 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of John B. Sanfilippo & Son by 9.1% during the 4th quarter. Victory Capital Management Inc. now owns 15,460 shares of the company’s stock valued at $861,000 after acquiring an additional 1,290 shares during the last quarter. Finally, Costello Asset Management INC acquired a new position in shares of John B. Sanfilippo & Son during the 4th quarter valued at about $471,000. 72.62% of the stock is currently owned by hedge funds and other institutional investors.

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

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