Director, 10% Owner James Sanfilippo Sells Shares of John B Sanfilippo & Son Inc
On December 26, 2023, James Sanfilippo, Director and 10% Owner of John B Sanfilippo & Son Inc (NASDAQ:JBSS), sold 1,070 shares of the company. The transaction was filed with the SEC and can be found through this SEC Filing.
John B Sanfilippo & Son Inc is a processor and distributor of nuts and nut-based products that include peanuts, pecans, cashews, walnuts, almonds, and other nuts. The company's products are sold under various brand names, as well as private labels. Its offerings are distributed in food retailers and grocery stores, as well as in commercial channels.
Over the past year, the insider has sold a total of 9,534 shares and has not made any purchases of the company's stock.
The insider transaction history for John B Sanfilippo & Son Inc indicates a pattern of 2 insider buys and 6 insider sells over the past year.
On the date of the insider's recent transaction, shares of John B Sanfilippo & Son Inc were trading at $104.3, resulting in a market cap of $1.222 billion.
The stock's price-earnings ratio stands at 18.96, which is above the industry median of 18.4 and also above the company's historical median price-earnings ratio.
With a trading price of $104.3 and a GuruFocus Value of $94.62, John B Sanfilippo & Son Inc has a price-to-GF-Value ratio of 1.1, indicating that the stock is considered Modestly Overvalued according to its GF Value.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
