John B. Sanfilippo & Son (NASDAQ:JBSS) Sees Unusually-High Trading Volume – What’s Next?

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) saw an uptick in trading volume on Tuesday . 71,489 shares were traded during trading, an increase of 7% from the previous session’s volume of 66,638 shares.The stock last traded at $84.40 and had previously closed at $84.80.

Analyst Upgrades and Downgrades

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

John B. Sanfilippo & Son Trading Down 0.5 %

The company has a 50 day simple moving average of $88.09 and a 200 day simple moving average of $93.60. The company has a market capitalization of $979.41 million, a PE ratio of 18.15 and a beta of 0.13. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 2.06.

Institutional Trading of John B. Sanfilippo & Son

Several large investors have recently made changes to their positions in the company. nVerses Capital LLC acquired a new stake in John B. Sanfilippo & Son during the 2nd quarter worth $29,000. DekaBank Deutsche Girozentrale acquired a new position in John B. Sanfilippo & Son during the third quarter worth about $33,000. Copeland Capital Management LLC purchased a new stake in John B. Sanfilippo & Son during the 3rd quarter valued at about $39,000. Quest Partners LLC acquired a new stake in John B. Sanfilippo & Son in the 2nd quarter valued at about $68,000. Finally, Point72 Asia Singapore Pte. Ltd. purchased a new position in John B. Sanfilippo & Son in the 3rd quarter worth approximately $66,000. 70.64% of the stock is currently owned by hedge funds and other institutional investors.

John B. Sanfilippo & Son Company Profile

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.