Tarang Amin, a director at JM Smucker Co (SJM), recently bought 875 shares. The buy increased his position by 46%, and came to a total cost of $100,511.
Amin was the last insider to buy in February 2024, with a similarly-sized 900-share buy. Otherwise, there have been a few moderate insider sales over the past year, including sales from both the CEO and CFO, with the CEO selling off about 4% of his holdings.
Overall, JM Smucker insiders own about 2.9% of shares.
The consumer goods company is down about 9% over the past year. Consumers have been spending less on brand names as a cost-savings measure, as has been seen by JM Smucker’s 2% revenue decline.
However, JM Smucker owns a variety of strong brands and will likely fare just fine over time. The current weakness in shares has taken the stock to an attractive 11 times forward earnings.
Action to take: Investors may want to buy some shares here, and use any market weakness to add to that position. At current prices, JM Smucker also pays a 3.9% dividend, which the company has a strong history of raising over time.
For traders, shares have started to trend higher in 2025 as defensive plays have held up. That trend may continue. The July $125 calls, last trading for about $2.70, could see mid-to-high double-digit returns if the uptrend continues.
Disclosure: The author of this article has no position in the company mentioned here, but may trade after the next 72 hours. The author receives no compensation from any company mentioned in this article.