J Sainsbury plc (LON:SBRY) Insider Sells £1,642,940 in Stock

J Sainsbury plc (LON:SBRY - Get Free Report) insider Simon Roberts sold 578,500 shares of the company's stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of GBX 284 ($3.86), for a total value of £1,642,940 ($2,231,952.18).

Simon Roberts also recently made the following trade(s):

• On Wednesday, May 14th, Simon Roberts sold 468,427 shares of J Sainsbury stock. The shares were sold at an average price of GBX 277 ($3.76), for a total value of £1,297,542.79 ($1,762,726.25).

J Sainsbury Price Performance

Shares of SBRY stock opened at GBX 282 ($3.83) on Friday. J Sainsbury plc has a twelve month low of GBX 223.40 ($3.03) and a twelve month high of GBX 301.40 ($4.09). The stock has a market capitalization of £6.51 billion, a price-to-earnings ratio of 47.56, a P/E/G ratio of 0.42 and a beta of 0.67. The stock has a fifty day simple moving average of GBX 282.27 and a two-hundred day simple moving average of GBX 263.71. The company has a current ratio of 0.66, a quick ratio of 0.53 and a debt-to-equity ratio of 95.36.

J Sainsbury (LON:SBRY - Get Free Report) last issued its earnings results on Thursday, April 17th. The grocer reported GBX 23.10 ($0.31) earnings per share for the quarter. J Sainsbury had a return on equity of 1.94% and a net margin of 0.42%. On average, analysts predict that J Sainsbury plc will post 25.7241977 EPS for the current fiscal year.

Analyst Ratings Changes

SBRY has been the topic of several research analyst reports. Shore Capital reaffirmed a "house stock" rating on shares of J Sainsbury in a research report on Tuesday, July 1st. Royal Bank Of Canada upped their price objective on J Sainsbury from GBX 300 ($4.08) to GBX 305 ($4.14) and gave the company an "outperform" rating in a research report on Friday, July 4th.

About J Sainsbury

J Sainsbury plc is one of the UK's leading food, general merchandise and clothing retailers. Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority.

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