Point72 Hong Kong Ltd Buys Shares of 448 John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Point72 Hong Kong Ltd purchased a new position in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Get Rating) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 448 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Captrust Financial Advisors raised its holdings in John B. Sanfilippo & Son by 301.9% during the first quarter. Captrust Financial Advisors now owns 426 shares of the company’s stock worth $36,000 after purchasing an additional 320 shares during the last quarter. Signaturefd LLC boosted its position in shares of John B. Sanfilippo & Son by 38.4% in the 3rd quarter. Signaturefd LLC now owns 483 shares of the company’s stock worth $37,000 after buying an additional 134 shares in the last quarter. Selective Wealth Management Inc. grew its stake in John B. Sanfilippo & Son by 150.0% in the 3rd quarter. Selective Wealth Management Inc. now owns 500 shares of the company’s stock valued at $38,000 after acquiring an additional 300 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in John B. Sanfilippo & Son by 244.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,307 shares of the company’s stock valued at $108,000 after acquiring an additional 928 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its position in John B. Sanfilippo & Son by 1,661.0% during the third quarter. Quadrant Capital Group LLC now owns 1,444 shares of the company’s stock worth $109,000 after acquiring an additional 1,362 shares during the last quarter. Institutional investors and hedge funds own 69.47% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of John B. Sanfilippo & Son from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 24th.

Insider Transactions at John B. Sanfilippo & Son

In related news, Director Ellen Taaffe sold 1,992 shares of the company’s stock in a transaction that occurred on 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 $937,120.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, COO Jasper Brian Sanfilippo, Jr. sold 6,199 shares of the stock in a transaction dated Monday, February 6th. The stock was sold at an average price of $94.00, for a total transaction of $582,706.00. Following the transaction, the chief operating officer now directly owns 17,582 shares in the company, valued at $1,652,708. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ellen Taaffe sold 1,992 shares of John B. Sanfilippo & Son stock in a transaction dated Monday, February 6th. The shares were sold at an average price of $92.61, for a total value of $184,479.12. Following the completion of the sale, the director now owns 10,119 shares of the company’s stock, valued at approximately $937,120.59. The disclosure for this sale can be found here. Insiders sold a total of 17,079 shares of company stock worth $1,495,588 over the last ninety days. 23.49% of the stock is currently owned by corporate insiders.

John B. Sanfilippo & Son Stock Performance

John B. Sanfilippo & Son stock opened at $90.93 on Monday. John B. Sanfilippo & Son, Inc. has a fifty-two week low of $67.02 and a fifty-two week high of $94.65. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 17.12 and a beta of 0.31. The stock has a fifty day moving average of $86.12 and a two-hundred day moving average of $82.19. 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 (NASDAQ:JBSS – Get Rating) last posted its quarterly earnings data on Wednesday, February 1st. The company reported $1.45 EPS for the quarter. John B. Sanfilippo & Son had a return on equity of 22.90% and a net margin of 6.15%. The business had revenue of $274.33 million for the quarter.

John B. Sanfilippo & Son Company Profile

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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.