John B. Sanfilippo & Son, Inc. (JBSS) Can’t Burn Your Long Portfolio. Just Reaches 52-Week High

June 14, 2018 - By Linda Rogers

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Logo

Investors sentiment increased to 1.08 in Q1 2018. Its up 0.20, from 0.88 in 2017Q4. It increased, as 13 investors sold John B. Sanfilippo & Son, Inc. shares while 40 reduced holdings. 23 funds opened positions while 34 raised stakes. 7.59 million shares or 2.85% less from 7.82 million shares in 2017Q4 were reported.
Ls Invest Advsrs Ltd Liability holds 247 shares or 0% of its portfolio. State Teachers Retirement Sys holds 5,883 shares or 0% of its portfolio. Ameriprise Fincl reported 117,960 shares. Pub Sector Pension Board holds 5,522 shares. Legal General Group Inc Plc, a United Kingdom-based fund reported 16,240 shares. California Public Employees Retirement holds 14,700 shares or 0% of its portfolio. Morgan Stanley holds 0% of its portfolio in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) for 87,434 shares. Bluemountain Management Lc holds 0.01% or 6,393 shares in its portfolio. Bessemer Group reported 12,500 shares. Renaissance Techs Limited Co reported 19,400 shares stake. Royal Bank & Trust Of Canada accumulated 105,048 shares. Tiaa Cref Invest Mngmt Ltd Company accumulated 20,250 shares. Pnc Services Inc stated it has 0% of its portfolio in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS). 6,240 are held by State Of Tennessee Treasury Department. Thrivent Financial For Lutherans accumulated 335,611 shares.

Since February 27, 2018, it had 0 insider buys, and 3 insider sales for $939,070 activity. On Tuesday, February 27 Fordonski Thomas J sold $134,550 worth of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) or 2,300 shares. DONOVAN TIMOTHY R had sold 5,908 shares worth $385,640 on Tuesday, May 15.

The stock of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) hit a new 52-week high and has $75.01 target or 5.00 % above today’s $71.44 share price. The 6 months bullish chart indicates low risk for the $810.49 million company. The 1-year high was reported on Jun, 14 by Barchart.com. If the $75.01 price target is reached, the company will be worth $40.52M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.18% or $0.83 during the last trading session, reaching $71.44. About 28,630 shares traded. John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) has risen 9.52% since June 14, 2017 and is uptrending. It has underperformed by 3.05% the S&P500.

Another recent and important John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) news was published by Nasdaq.com which published an article titled: “Recent Analysis Shows Credit Acceptance, Hanmi Financial, Upland Software, John B. Sanfilippo & Son, Green, and …” on May 25, 2018.

John B. Sanfilippo & Son, Inc., together with its subsidiaries, processes and distributes tree nuts and peanuts in the United States. The company has market cap of $810.49 million. It 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. It has a 26.15 P/E ratio. The firm also offers peanut butter in various sizes and varieties; food and snack products, such as snack mixes, salad toppings, snacks, snack bites, trail mixes, dried fruit, and chocolate and yogurt coated products; baking ingredients; bulk food products; sunflower kernels, pepitas, almond butter, cashew butter, candy and confections, corn snacks, sesame sticks, and other sesame snack products; and various toppings for ice cream and yogurt.

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Institutional Positions Chart

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