Mark Smucker Sells 13,000 Shares of The J. M. Smucker Company
CEO Mark Smucker sold shares worth over $1.49 million, marking a significant insider transaction.
Key Points
- Mark Smucker, CEO of The J. M. Smucker Company, sold 13,000 shares for $1.49 million on June 17, 2026.
- Shares of The J. M. Smucker Company traded at $112.96, with a market cap of $12.05 billion and a forward P/E of 10.54.
- UBS, Evercore, and RBC Capital maintained 'buy' ratings with price targets of $130, $120, and $135 respectively.
Mark Smucker, the CEO and Chair of the Board at The J. M. Smucker Company, sold 13,000 shares of the company's stock on June 17, 2026. The shares were sold at an average price of $115.11, totaling approximately $1.49 million. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at The J. M. Smucker Company
In addition to Mark Smucker's recent sale, other executives have also been active in trading the company's stock. On June 15, 2026, Jill Penrose, the Chief People Officer, sold 979 shares at $115.94. Similarly, Tucker Marshall, the Chief Financial Officer, sold 1,473 shares, and Robert Ferguson, the Chief Product Supply Officer, sold 1,259 shares, both at the same price. These transactions were also not planned under Rule 10b5-1.
Other Institutional Activity in The J. M. Smucker Company
Several institutional investors have been adjusting their positions in The J. M. Smucker Company. Vanguard Capital Management LLC significantly increased its holdings, ending with 6,746,043 shares valued at approximately $650.59 million. In contrast, BlackRock, Inc. reduced its stake by 1,759,976 shares, leaving it with 6,726,864 shares worth $648.74 million. UBS Group AG added 2,064,751 shares, bringing its total to 5,989,033 shares valued at $577.58 million.
The J. M. Smucker Company Stock Snapshot
Shares of The J. M. Smucker Company (NYSE:SJM) recently traded at $112.96. The company has a market capitalization of about $12.05 billion and a forward P/E ratio of 10.54, indicating expected earnings growth. The stock's beta is 0.264, suggesting lower volatility compared to the market. Over the past year, the stock has ranged from a low of $88.25 to a high of $119.39, with a 50-day moving average of $100.76 and a 200-day moving average of $103.53.
Analysts Set New Price Targets
Analysts have maintained their ratings on The J. M. Smucker Company. On June 11, 2026, UBS maintained a 'buy' rating with a price target of $130. Evercore ISI Group and RBC Capital also kept their 'buy' ratings with targets of $120 and $135, respectively. The consensus among 17 analysts is a 'buy' recommendation, with a mean price target of $121.59.
About The J. M. Smucker Company
The J. M. Smucker Company, headquartered in Orrville, Ohio, is a leading manufacturer and marketer of branded food and beverage products. Operating in the consumer defensive sector, the company offers a wide range of products, including coffee, pet foods, and sweet baked goods, under well-known brands such as Folgers, Jif, and Meow Mix. Founded in 1897, the company serves a global market through various retail and commercial channels.
Bottom Line
Mark Smucker's recent sale of shares is a notable insider transaction at The J. M. Smucker Company. Investors often track such insider activities for potential insights into the company's prospects. However, it's important to remember that these transactions are disclosed after they occur and may not reflect current insider sentiment.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.