J M Smucker Co (SJM): Jeannette L Knudsen , SVP, GC & Secretary of J M Smucker Co sold 1,600 shares on Jun 20, 2016. The Insider selling transaction was reported by the company on Jun 21, 2016 to the Securities and Exchange Commission. The shares were sold at $145.51 per share for a total value of $232,816.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 21, 2016, Barry C Dunaway (President, Pet Food and Snacks) sold 3,026 shares at $144.60 per share price.On Jun 14, 2016, Steven Oakland (Vice Chair and President) sold 5,453 shares at $145.00 per share price.Also, On Jun 14, 2016, Vincent C Byrd (director) sold 14,512 shares at $144.55 per share price.On Jun 14, 2016, Mark R Belgya (Vice Chair and CFO) sold 4,500 shares at $144.20 per share price.
J M Smucker Co: On Monday, Jun 20, 2016 heightened volatility was witnessed in J M Smucker Co which led to swings in the share price. The shares opened for trading at $144.98 and hit $146.22 on the upside , eventually ending the session at $145.16, with a gain of 0.30% or 0.44 points. The heightened volatility saw the trading volume jump to 9,94,971 shares. The 52-week high of the share price is $146.22 and the company has a market cap of $17,373 M . The 52-week low of the share price is at $104.3.
Company has been under the radar of several Street Analysts.J M Smucker Co is Downgraded by Jefferies to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 10, 2016.J M Smucker Co is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 152 from a previous price target of $143 .The Rating was issued on Jun 10, 2016.J M Smucker Co is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 143 from a previous price target of $137 .The Rating was issued on Jun 3, 2016.J M Smucker Co is Initiated by KeyBanc Capital Mkts to Sector Weight. The Rating was issued on May 26, 2016.J M Smucker Co is Downgraded by Goldman to Sell. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 4, 2016.
The J. M. Smucker Company is a manufacturer and marketer of consumer food and beverage products and pet food and pet snacks in North America. The Company has four segments: U.S. Retail Coffee U.S. Retail Consumer Foods U.S. Retail Pet Foods and International Foodservice and Natural Foods. The Company’s U.S. retail market segments consist of the sale of branded food products to consumers through retail outlets in North America. The Company’s International Foodservice and Natural Foods segment represents sales outside of the U.S. retail market segments. The Company’s principal consumer food and beverage products are coffee peanut butter fruit spreads shortening and oils baking mixes and ready-to-spread frostings canned milk flour and baking ingredients juices and beverages frozen sandwiches toppings syrups pickles condiments grain products and nut mix products. The Company’s pet products consist of dry and wet dog food dry and wet cat food dog snacks and cat snacks.