John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Shares Sold by Wells Fargo & Company MN

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Wells Fargo & Company MN lowered its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 4.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,049 shares of the company’s stock after selling 2,226 shares during the period. Wells Fargo & Company MN owned about 0.47% of John B. Sanfilippo & Son worth $4,307,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. WCM Investment Management LLC lifted its position in John B. Sanfilippo & Son by 71.9% in the first quarter. WCM Investment Management LLC now owns 94,630 shares of the company’s stock valued at $6,801,000 after purchasing an additional 39,592 shares during the period. WINTON GROUP Ltd lifted its position in John B. Sanfilippo & Son by 83.0% in the second quarter. WINTON GROUP Ltd now owns 17,353 shares of the company’s stock valued at $1,383,000 after purchasing an additional 7,870 shares during the period. Victory Capital Management Inc. lifted its position in John B. Sanfilippo & Son by 16.5% in the first quarter. Victory Capital Management Inc. now owns 18,010 shares of the company’s stock valued at $1,294,000 after purchasing an additional 2,550 shares during the period. Swiss National Bank increased its holdings in John B. Sanfilippo & Son by 3.3% in the second quarter. Swiss National Bank now owns 15,576 shares of the company’s stock valued at $1,241,000 after buying an additional 500 shares in the last quarter. Finally, California Public Employees Retirement System increased its holdings in John B. Sanfilippo & Son by 100.0% in the first quarter. California Public Employees Retirement System now owns 27,312 shares of the company’s stock valued at $1,963,000 after buying an additional 13,653 shares in the last quarter. Hedge funds and other institutional investors own 68.86% of the company’s stock.

A number of research analysts have issued reports on JBSS shares. Sidoti increased their target price on shares of John B. Sanfilippo & Son from $83.00 to $91.00 and gave the company a “neutral” rating in a report on Thursday, September 5th. BidaskClub raised shares of John B. Sanfilippo & Son from a “hold” rating to a “buy” rating in a report on Tuesday, August 27th.

In other John B. Sanfilippo & Son news, CFO Michael J. Valentine sold 5,362 shares of John B. Sanfilippo & Son stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $95.03, for a total value of $509,550.86. Following the transaction, the chief financial officer now owns 41,619 shares in the company, valued at approximately $3,955,053.57. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jeffrey T. Sanfilippo sold 3,832 shares of John B. Sanfilippo & Son stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $95.28, for a total transaction of $365,112.96. Following the completion of the transaction, the chief executive officer now owns 19,940 shares in the company, valued at approximately $1,899,883.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,516 shares of company stock valued at $2,480,369. Corporate insiders own 22.60% of the company’s stock.

John B. Sanfilippo & Son stock traded up $0.01 during mid-day trading on Friday, reaching $94.23. The company had a trading volume of 16,934 shares, compared to its average volume of 132,584. John B. Sanfilippo & Son, Inc. has a 1 year low of $53.12 and a 1 year high of $96.88. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.69 and a quick ratio of 0.81. The company has a market capitalization of $1.08 billion, a P/E ratio of 27.75 and a beta of 0.98. The stock’s 50-day simple moving average is $87.79 and its 200-day simple moving average is $78.91.

John B. Sanfilippo & Son (NASDAQ:JBSS) last issued its quarterly earnings data on Wednesday, August 21st. The company reported $0.98 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.32. John B. Sanfilippo & Son had a net margin of 4.50% and a return on equity of 16.55%. The business had revenue of $216.76 million during the quarter.

John B. Sanfilippo & Son 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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Institutional Ownership by Quarter for John B. Sanfilippo & Son (NASDAQ:JBSS)

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