Inspire Investing LLC Purchases 1,329 Shares of John B. Sanfilippo & Son, Inc. $JBSS

Inspire Investing LLC increased its position in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 27.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,144 shares of the company’s stock after acquiring an additional 1,329 shares during the quarter. Inspire Investing LLC owned about 0.05% of John B. Sanfilippo & Son worth $389,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Costello Asset Management INC bought a new position in shares of John B. Sanfilippo & Son during the 1st quarter worth about $34,000. Signaturefd LLC increased its holdings in shares of John B. Sanfilippo & Son by 295.3% during the 2nd quarter. Signaturefd LLC now owns 680 shares of the company’s stock worth $43,000 after purchasing an additional 508 shares during the period. GAMMA Investing LLC increased its holdings in shares of John B. Sanfilippo & Son by 95.7% during the 2nd quarter. GAMMA Investing LLC now owns 687 shares of the company’s stock worth $43,000 after purchasing an additional 336 shares during the period. State of Wyoming bought a new position in shares of John B. Sanfilippo & Son during the 1st quarter worth about $55,000. Finally, Parallel Advisors LLC increased its holdings in shares of John B. Sanfilippo & Son by 264.8% during the 2nd quarter. Parallel Advisors LLC now owns 974 shares of the company’s stock worth $62,000 after purchasing an additional 707 shares during the period. Institutional investors own 70.64% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on JBSS. Weiss Ratings restated a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a report on Wednesday, October 8th. BWS Financial began coverage on shares of John B. Sanfilippo & Son in a report on Monday, September 22nd. They set a “buy” rating and a $109.00 price objective on the stock. Finally, Zacks Research upgraded shares of John B. Sanfilippo & Son to a “hold” rating in a report on Tuesday, September 23rd. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, John B. Sanfilippo & Son currently has an average rating of “Hold” and an average price target of $109.00.

John B. Sanfilippo & Son Stock Performance

NASDAQ JBSS opened at $60.92 on Thursday. The stock has a market cap of $709.11 million, a P/E ratio of 12.11 and a beta of 0.37. The company’s 50-day simple moving average is $63.58 and its 200 day simple moving average is $64.44. John B. Sanfilippo & Son, Inc. has a twelve month low of $58.47 and a twelve month high of $97.47. The company has a quick ratio of 0.59, a current ratio of 2.22 and a debt-to-equity ratio of 0.04.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its earnings results on Wednesday, August 20th. The company reported $1.15 earnings per share for the quarter. The business had revenue of $269.08 million for the quarter. John B. Sanfilippo & Son had a net margin of 5.32% and a return on equity of 17.54%.

John B. Sanfilippo & Son Profile

John B. Sanfilippo & Son, Inc engages in the processing and distribution of nuts and nut-related products. It offers peanuts, pecans, cashews, walnuts, almonds, and other nuts under the brands of Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts. The company was founded by Gaspare Sanfilippo and John B.