John B. Sanfilippo & Son (JBSS) Sets New 52-Week High and Low at $71.61

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) reached a new 52-week high and low during mid-day trading on Thursday . The stock traded as low as $71.61 and last traded at $71.99, with a volume of 545 shares traded. The stock had previously closed at $71.08.

Several research analysts have recently weighed in on JBSS shares. ValuEngine upgraded shares of John B. Sanfilippo & Son from a “sell” rating to a “hold” rating in a research note on Tuesday, May 8th. BidaskClub upgraded shares of John B. Sanfilippo & Son from a “sell” rating to a “hold” rating in a research note on Friday, May 11th.

The company has a market cap of $794.60 million, a price-to-earnings ratio of 23.90 and a beta of 1.08. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.56 and a current ratio of 1.95.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its earnings results on Friday, May 4th. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.05. The business had revenue of $203.18 million during the quarter. John B. Sanfilippo & Son had a net margin of 3.82% and a return on equity of 14.65%.

In other news, Director Timothy R. Donovan sold 5,908 shares of the company’s stock in a transaction on Tuesday, May 15th. The shares were sold at an average price of $65.27, for a total value of $385,615.16. Following the completion of the transaction, the director now directly owns 12,012 shares in the company, valued at $784,023.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James A. Valentine sold 6,160 shares of the company’s stock in a transaction on Monday, June 4th. The shares were sold at an average price of $68.00, for a total transaction of $418,880.00. Following the completion of the transaction, the insider now owns 10,665 shares of the company’s stock, valued at $725,220. The disclosure for this sale can be found here. 22.09% of the stock is currently owned by corporate insiders.

Several hedge funds have recently made changes to their positions in JBSS. Trexquant Investment LP purchased a new position in shares of John B. Sanfilippo & Son in the first quarter valued at $213,000. Connors Investor Services Inc. acquired a new stake in John B. Sanfilippo & Son in the fourth quarter valued at $253,000. MetLife Investment Advisors LLC acquired a new stake in John B. Sanfilippo & Son in the fourth quarter valued at $262,000. First Trust Advisors LP raised its holdings in John B. Sanfilippo & Son by 13.0% in the fourth quarter. First Trust Advisors LP now owns 7,812 shares of the company’s stock valued at $494,000 after acquiring an additional 896 shares in the last quarter. Finally, Stone Ridge Asset Management LLC acquired a new stake in John B. Sanfilippo & Son in the fourth quarter valued at $545,000. Institutional investors and hedge funds own 67.43% of the company’s stock.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc, together with its subsidiaries, processes and distributes tree nuts and peanuts in the United States. It 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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