John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Shares Sold by Tidal Investments LLC

Tidal Investments LLC lowered its holdings in John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 9.6% in the third quarter, HoldingsChannel reports. The firm owned 2,422 shares of the company’s stock after selling 257 shares during the quarter. Tidal Investments LLC’s holdings in John B. Sanfilippo & Son were worth $228,000 as of its most recent SEC filing.

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

John B. Sanfilippo & Son Trading Down 1.2 %

NASDAQ JBSS opened at $83.77 on Thursday. John B. Sanfilippo & Son, Inc. has a 52 week low of $79.07 and a 52 week high of $108.96. The firm has a 50 day moving average of $87.66 and a two-hundred day moving average of $93.40. The company has a quick ratio of 0.66, a current ratio of 2.06 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $971.98 million, a PE ratio of 18.02 and a beta of 0.13.

Analysts Set New Price Targets

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

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.