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 J Sainsbury stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of GBX 284 ($3.81), for a total value of £1,642,940 ($2,205,880.77).

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 ($3.72), for a total value of £1,297,542.79 ($1,742,135.86).

J Sainsbury Stock Up 1.1%

Shares of LON SBRY traded up GBX 3.20 ($0.04) during mid-day trading on Monday, hitting GBX 283.60 ($3.81). The company had a trading volume of 6,217,527 shares, compared to its average volume of 17,814,047. J Sainsbury plc has a 1-year low of GBX 223.40 ($3.00) and a 1-year high of GBX 301.40 ($4.05). The company has a market capitalization of £6.54 billion, a PE ratio of 47.83, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67. The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53. The business's 50-day simple moving average is GBX 282.61 and its 200 day simple moving average is GBX 263.66.

J Sainsbury (LON:SBRY - Get Free Report) last released 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 net margin of 0.42% and a return on equity of 1.94%. On average, analysts predict that J Sainsbury plc will post 25.7241977 earnings per share for the current year.

Analysts Set New Price Targets

SBRY has been the subject of several recent analyst reports. Shore Capital restated a "house stock" rating on shares of J Sainsbury in a research note on Tuesday, July 1st. Royal Bank Of Canada upped their target price on J Sainsbury from GBX 300 ($4.03) to GBX 305 ($4.10) and gave the stock an "outperform" rating in a research note on Friday, July 4th.

J Sainsbury Company Profile

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.