First Horizon Advisors Inc. trimmed its position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Get Rating) by 32.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 519 shares of the company’s stock after selling 245 shares during the period. First Horizon Advisors Inc.’s holdings in John B. Sanfilippo & Son were worth $40,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Selective Wealth Management Inc. increased its holdings in John B. Sanfilippo & Son by 150.0% during the 3rd quarter. Selective Wealth Management Inc. now owns 500 shares of the company’s stock worth $38,000 after purchasing an additional 300 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of John B. Sanfilippo & Son in the 3rd quarter worth about $272,000. Nisa Investment Advisors LLC increased its position in shares of John B. Sanfilippo & Son by 141.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 5,800 shares of the company’s stock worth $445,000 after purchasing an additional 3,400 shares during the last quarter. Dean Investment Associates LLC grew its stake in John B. Sanfilippo & Son by 18.8% in the second quarter. Dean Investment Associates LLC now owns 47,746 shares of the company’s stock worth $3,461,000 after purchasing an additional 7,562 shares in the last quarter. Finally, Deutsche Bank AG grew its stake in John B. Sanfilippo & Son by 287.6% in the second quarter. Deutsche Bank AG now owns 23,274 shares of the company’s stock worth $1,687,000 after purchasing an additional 17,269 shares in the last quarter. Hedge funds and other institutional investors own 69.47% of the company’s stock.
Insider Buying and Selling at John B. Sanfilippo & Son
In other John B. Sanfilippo & Son news, COO Jasper Brian Sanfilippo, Jr. sold 6,199 shares of the firm’s stock in a transaction that occurred on Monday, February 6th. The shares were sold at an average price of $94.00, for a total value of $582,706.00. Following the sale, the chief operating officer now owns 17,582 shares in the company, valued at $1,652,708. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other John B. Sanfilippo & Son news, Director Ellen Taaffe sold 1,992 shares of the firm’s stock in a transaction dated Monday, February 6th. The shares were sold at an average price of $92.61, for a total transaction of $184,479.12. Following the transaction, the director now owns 10,119 shares of the company’s stock, valued at approximately $937,120.59. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Jasper Brian Sanfilippo, Jr. sold 6,199 shares of the company’s stock in a transaction that occurred on Monday, February 6th. The stock was sold at an average price of $94.00, for a total transaction of $582,706.00. Following the completion of the sale, the chief operating officer now directly owns 17,582 shares of the company’s stock, valued at $1,652,708. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,079 shares of company stock worth $1,495,588. 23.49% of the stock is owned by insiders.
Wall Street Analyst Weigh In
John B. Sanfilippo & Son Stock Down 1.7 %
Shares of NASDAQ:JBSS opened at $91.24 on Wednesday. The company’s fifty day moving average is $83.68 and its two-hundred day moving average is $80.58. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.81 and a current ratio of 2.48. John B. Sanfilippo & Son, Inc. has a 1-year low of $67.02 and a 1-year high of $94.65. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 17.18 and a beta of 0.35.
John B. Sanfilippo & Son (NASDAQ:JBSS – Get Rating) last issued its earnings results on Wednesday, February 1st. The company reported $1.45 EPS for the quarter. The company had revenue of $274.33 million during the quarter. John B. Sanfilippo & Son had a return on equity of 22.90% and a net margin of 6.15%.
John B. Sanfilippo & Son Company Profile
John B. Sanfilippo & Son, Inc engages in selling nut and nut products through distribution channels. It offers dried fruit based products that are sold under, Fisher nuts, Orchard Valley Harvest, Southern Style Nuts, and Squirrel Brand. The company was founded by Gaspare Sanfilippo and John B. Sanfilippo in 1922 and is headquartered in Elgin, IL.
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