Cubist Systematic Strategies LLC Acquires Shares of 12,049 John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

Cubist Systematic Strategies LLC acquired a new stake in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Get Rating) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,049 shares of the company’s stock, valued at approximately $912,000. Cubist Systematic Strategies LLC owned approximately 0.10% of John B. Sanfilippo & Son at the end of the most recent quarter.

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

Insiders Place Their Bets

In other news, COO Jasper Brian Sanfilippo, Jr. sold 6,199 shares of the 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 transaction, the chief operating officer now directly owns 17,582 shares of the company’s stock, valued at approximately $1,652,708. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, COO Jasper Brian Sanfilippo, Jr. sold 6,199 shares of the stock in a transaction dated Monday, February 6th. The shares were sold at an average price of $94.00, for a total value of $582,706.00. Following the completion of the transaction, the chief operating officer now owns 17,582 shares in the company, valued at approximately $1,652,708. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James J. Sanfilippo sold 2,689 shares of the firm’s stock in a transaction dated Tuesday, December 20th. The shares were sold at an average price of $81.27, for a total transaction of $218,535.03. Following the completion of the sale, the director now owns 1,070 shares of the company’s stock, valued at approximately $86,958.90. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 17,079 shares of company stock worth $1,495,588. Company insiders own 23.49% of the company’s stock.

Analysts Set New Price Targets

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

John B. Sanfilippo & Son Stock Performance

Shares of JBSS opened at $91.63 on Thursday. The stock has a market capitalization of $1.06 billion, a P/E ratio of 17.26 and a beta of 0.31. 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 company’s fifty day moving average is $86.65 and its two-hundred day moving average is $82.48.

John B. Sanfilippo & Son (NASDAQ:JBSS – Get Rating) last issued its earnings results on Wednesday, February 1st. The company reported $1.45 earnings per share for the quarter. The business had revenue of $274.33 million for the quarter. John B. Sanfilippo & Son had a net margin of 6.15% and a return on equity of 22.90%.

About John B. Sanfilippo & Son

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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.