A Director at JM Smucker (SJM) is Buying Shares


Today, a Director at JM Smucker (NYSE: SJM), Timothy Smucker, bought shares of SJM for $530.5K.

Following Timothy Smucker’s last SJM Buy transaction on June 24, 2013, the stock climbed by 15.1%. In addition to Timothy Smucker, one other SJM executive reported Buy trades in the last month.

See today’s analyst top recommended stocks >>

SJM’s market cap is $11.8B and the company has a P/E ratio of 8.81. Currently, JM Smucker has an average volume of 1.5M.

15 different firms, including Bernstein and Citigroup, currently also have a Buy rating on the stock. Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $112.63, reflecting a -7.9% downside.

In the last 30 days, insiders have sold $1.1M worth of SJM shares and purchased $530.5K worth of SJM shares. The insider sentiment on JM Smucker has been negative according to 30 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

The J. M. Smucker Co. engages in the production and market of fruit spreads, peanut butter and other food products. The company operates through the following segments: U.S. Retail Coffee; U.S. Retail Consumer Foods; U.S. Retail Pet Foods; International and Foodservice. The U. S. Retail Coffee segment includes the domestic sales of Folgers, Dunkin Donuts, and Café Bustelo branded coffee. The U.S. Retail Consumer Foods segment sells Jif, Smucker’s, Crisco, and Pillsbury branded products. The U.S. Retail Pet Foods comprises of Meow Mix, Milk-Bone, Natural Balance, Kibbles’n Bits, 9Lives, Pup-Peroni, and Nature’s Recipe branded products. The International and Foodservice segment covers the products distributed domestically and in foreign countries. The company was founded by Jerome Monroe Smucker in 1897 and is headquartered in Orrville, OH.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts