Today it was reported that the President of J & J Snack Foods (NASDAQ: JJSF), Dan Fachner, exercised options to sell 5,250 JJSF shares at $81.67 a share, for a total transaction value of $763K.
Following Dan Fachner’s last JJSF Sell transaction on May 02, 2017, the stock climbed by 15.7%. In addition to Dan Fachner, one other JJSF executive reported Sell trades in the last month.
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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 $2.71B and the company has a P/E ratio of 26.04. Currently, J & J Snack Foods has an average volume of 38.75K.
The insider sentiment on J & J Snack Foods has been negative according to 14 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Dan Fachner’s trades have generated a -19.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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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.
