John B. Sanfilippo & Son (NASDAQ:JBSS) Sees Large Volume Increase – What’s Next?

Posted by Hayley Millar on Dec 16th, 2024

Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 175,164 shares changed hands during trading, an increase of 170% from the previous session’s volume of 64,810 shares.The stock last traded at $91.51 and had previously closed at $90.33.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research note on Monday, November 4th.

View Our Latest Analysis on John B. Sanfilippo & Son

John B. Sanfilippo & Son Stock Performance

The company has a market capitalization of $1.05 billion, a PE ratio of 19.28 and a beta of 0.13. The firm’s 50-day simple moving average is $88.68 and its 200-day simple moving average is $94.06. The company has a current ratio of 2.06, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. nVerses Capital LLC bought a new stake in John B. Sanfilippo & Son during the 2nd quarter valued at $29,000. DekaBank Deutsche Girozentrale bought a new stake in shares of John B. Sanfilippo & Son in the third quarter valued at about $33,000. Copeland Capital Management LLC bought a new stake in shares of John B. Sanfilippo & Son in the third quarter valued at about $39,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in John B. Sanfilippo & Son in the third quarter worth about $66,000. Finally, Quest Partners LLC bought a new position in John B. Sanfilippo & Son during the 2nd quarter worth about $68,000. Institutional investors own 70.64% of the company’s stock.

John B. Sanfilippo & Son Company Profile

(Get Free Report)

John B. Sanfilippo & Son, Inc, through 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.