John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Short Interest Update

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Get Rating) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 211,800 shares, a growth of 5.7% from the February 13th total of 200,400 shares. Based on an average daily trading volume, of 63,200 shares, the days-to-cover ratio is presently 3.4 days. Approximately 2.4% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a report on Monday.

John B. Sanfilippo & Son Trading Up 0.4 %

Shares of John B. Sanfilippo & Son stock opened at $95.52 on Friday. The firm has a 50-day simple moving average of $87.95 and a two-hundred day simple moving average of $83.10. The company has a market cap of $1.10 billion, a P/E ratio of 17.99 and a beta of 0.31. John B. Sanfilippo & Son has a fifty-two week low of $67.02 and a fifty-two week high of $95.99. 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 issued its quarterly earnings data on Wednesday, February 1st. The company reported $1.45 earnings per share for the quarter. The business had revenue of $274.33 million during the quarter. John B. Sanfilippo & Son had a net margin of 6.15% and a return on equity of 22.90%.

Insider Activity

In other news, Director Ellen Taaffe sold 1,992 shares of the business’s stock in a transaction 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 sale, the director now directly owns 10,119 shares of the company’s stock, valued at $937,120.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other John B. Sanfilippo & Son news, Director Ellen Taaffe sold 1,992 shares of the company’s stock in a transaction on Monday, February 6th. The shares were sold at an average price of $92.61, for a total value of $184,479.12. Following the sale, the director now directly owns 10,119 shares of the company’s stock, valued at $937,120.59. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jeffrey T. Sanfilippo sold 6,199 shares of the company’s stock in a transaction on Tuesday, December 20th. The shares were sold at an average price of $82.25, for a total transaction of $509,867.75. Following the completion of the sale, the chief executive officer now directly owns 17,582 shares in the company, valued at $1,446,119.50. The disclosure for this sale can be found here. Insiders have sold 17,079 shares of company stock valued at $1,495,588 over the last ninety days. 23.49% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. BlackRock Inc. raised its position in shares of John B. Sanfilippo & Son by 2.1% during the 1st quarter. BlackRock Inc. now owns 1,506,312 shares of the company’s stock worth $125,687,000 after purchasing an additional 30,285 shares during the last quarter. Vanguard Group Inc. raised its position in shares of John B. Sanfilippo & Son by 4.9% during the 1st quarter. Vanguard Group Inc. now owns 890,074 shares of the company’s stock worth $74,268,000 after purchasing an additional 41,573 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of John B. Sanfilippo & Son by 4.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 738,660 shares of the company’s stock worth $60,068,000 after purchasing an additional 33,457 shares during the last quarter. State Street Corp raised its position in shares of John B. Sanfilippo & Son by 1.3% during the 2nd quarter. State Street Corp now owns 330,942 shares of the company’s stock worth $23,990,000 after purchasing an additional 4,390 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of John B. Sanfilippo & Son by 0.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 317,870 shares of the company’s stock worth $25,850,000 after purchasing an additional 918 shares during the last quarter. Institutional investors and hedge funds own 69.47% of the company’s stock.

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.