J M Smucker Co (SJM): Jill R Penrose , SVP, Human Resources of J M Smucker Co sold 519 shares on Jun 22, 2016. The Insider selling transaction was reported by the company on Jun 27, 2016 to the Securities and Exchange Commission. The shares were sold at $146.96 per share for a total value of $76,271.72 , 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 27, 2016, Kathryn W Dindo (director) sold 1,466 shares at $146.50 per share price.On Jun 23, 2016, David J Lemmon (President, Canada) sold 872 shares at $146.00 per share price.Also, On Jun 21, 2016, Jeannette L Knudsen (SVP, GC & Secretary) sold 1,600 shares at $145.51 per share price.On Jun 21, 2016, Barry C Dunaway (President, Pet Food and Snacks) sold 3,026 shares at $144.60 per share price.
Shares of J M Smucker Co (SJM) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -1.23 points or -0.84% at $145.33 with 14,74,860 shares getting traded. Post opening the session at $144.01, the shares hit an intraday low of $143.775 and an intraday high of $146.51 and the price vacillated in this range throughout the day. The company has a market cap of $16,920 M and the number of outstanding shares has been calculated to be 11,64,26,335 shares. The 52-week high of J M Smucker Co is $147.41 and the 52-week low is $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.