The President & CEO of J & J Snack Foods is Exercising Options

Today it was reported that the President & CEO of J & J Snack Foods (NASDAQ: JJSF), Gerald Shreiber, exercised options to buy 20,000 JJSF shares at $34.17 a share, for a total transaction value of $683.4K. The options were close to expired and Gerald Shreiber retained stocks.

Following Gerald Shreiber’s last JJSF Buy transaction on December 01, 2014, the stock climbed by 48.8%. In addition to Gerald Shreiber, 2 other JJSF executives reported Buy trades in the last month.

See today’s analyst top recommended stocks >>

Based on J & J Snack Foods’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $306 million and quarterly net profit of $26.13 million. In comparison, last year the company earned revenue of $295 million and had a net profit of $25.3 million. JJSF’s market cap is $2.79B and the company has a P/E ratio of 26.81. Currently, J & J Snack Foods has an average volume of 20.2K.

In the last 30 days, insiders have sold $1.52M worth of JJSF shares and purchased $683.4K worth of JJSF shares. The insider sentiment on J & J Snack Foods has been negative according to 13 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. 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.

J&J Snack Foods Corp. manufactures nutritional snack foods and distributes frozen beverages to the food service and retail supermarket industries. It operates through the following segment: Food Service, Retail Supermarkets, and Frozen Beverages.