Yesterday, the Chief Legal & Compliance Offic of JM Smucker (SJM), Jeannette Knudsen, sold shares of SJM for $359.9K.
Following Jeannette Knudsen’s last SJM Sell transaction on December 09, 2019, the stock climbed by 16.8%. In addition to Jeannette Knudsen, one other SJM executive reported Sell trades in the last month.
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Based on JM Smucker’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $1.97 billion and quarterly net profit of $237 million. In comparison, last year the company earned revenue of $1.78 billion and had a net profit of $155 million. The company has a one-year high of $125.62 and a one-year low of $91.88. SJM’s market cap is $13.79 billion and the company has a P/E ratio of 15.90.
Based on 10 analyst ratings, the analyst consensus is Hold with an average price target of $120.00, reflecting a 0.4% upside.
The insider sentiment on JM Smucker has been negative according to 32 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Jeannette Knudsen’s trades have generated a -6.2% 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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The J. M. Smucker Co. engages in the manufacture and marketing of food and beverage products. It operates through the following segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Away From Home. The U. S. Retail Coffee segment includes domestic sales of Folgers, Dunkin’ Donuts, and Café Bustelo branded coffee. The U.S. Retail Consumer Foods segment sells Smucker’s, Jif, and Crisco branded products. The U.S. Retail Pet Foods comprises Rachael Ray Nutrish, Meow Mix, Milk-Bone, Natural Balance, Kibbles ‘n Bits, 9Lives, Nature’s Recipe, and Pup-Peroni branded products. The International and Foodservice segment covers products distributed domestically and in foreign countries through retail channels and foodservice distributors and operators. The company was founded by Jerome Monroe Smucker in 1897 and is headquartered in Orrville, OH.
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