Simon Roberts Sells 578,500 Shares of J Sainsbury plc (LON:SBRY) Stock

J Sainsbury plc (LON:SBRY - Get Free Report) insider Simon Roberts sold 578,500 shares of the company's stock in a transaction on Thursday, July 10th. The stock was sold at an average price of GBX 284 ($3.83), for a total transaction of £1,642,940 ($2,216,295.70).

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

• On Wednesday, May 14th, Simon Roberts sold 468,427 shares of J Sainsbury stock. The stock was sold at an average price of GBX 277 ($3.74), for a total transaction of £1,297,542.79 ($1,750,361.24).

J Sainsbury Price Performance

SBRY traded down GBX 3.40 ($0.05) during trading on Friday, reaching GBX 280.40 ($3.78). 11,359,305 shares of the company traded hands, compared to its average volume of 17,895,250. The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66. J Sainsbury plc has a 12-month low of GBX 223.40 ($3.01) and a 12-month high of GBX 301.40 ($4.07). The firm has a fifty day simple moving average of GBX 282.61 and a 200 day simple moving average of GBX 263.77. The company has a market cap of £6.47 billion, a P/E ratio of 47.29, a PEG ratio of 0.42 and a beta of 0.67.

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SBRY. Royal Bank Of Canada upped their target price on shares of J Sainsbury from GBX 300 ($4.05) to GBX 305 ($4.11) and gave the stock an "outperform" rating in a research report on Friday, July 4th. Shore Capital reaffirmed a "house stock" rating on shares of J Sainsbury in a research report on Tuesday, July 1st.

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.