Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Acquires $44,825.30 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTCGet Free Report) major shareholder Ajb Investment Fund Ii, Lp acquired 15,457 shares of the stock in a transaction dated Thursday, August 13th. The stock was acquired at an average cost of $2.90 per share, with a total value of $44,825.30. Following the completion of the transaction, the insider owned 455,831 shares in the company, valued at approximately $1,321,909.90. This represents a 3.51% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Ajb Investment Fund Ii, Lp also recently made the following trade(s):

  • On Friday, August 14th, Ajb Investment Fund Ii, Lp acquired 519 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.90 per share, for a total transaction of $1,505.10.
  • On Wednesday, August 12th, Ajb Investment Fund Ii, Lp bought 1,002 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.89 per share, for a total transaction of $2,895.78.
  • On Thursday, August 6th, Ajb Investment Fund Ii, Lp bought 428 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.80 per share, for a total transaction of $1,198.40.
  • On Wednesday, August 5th, Ajb Investment Fund Ii, Lp bought 3,134 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.77 per share, with a total value of $8,681.18.
  • On Thursday, July 30th, Ajb Investment Fund Ii, Lp bought 3,700 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.60 per share, with a total value of $9,620.00.
  • On Wednesday, July 29th, Ajb Investment Fund Ii, Lp bought 1,578 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.53 per share, with a total value of $3,992.34.
  • On Tuesday, July 21st, Ajb Investment Fund Ii, Lp purchased 1,350 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.45 per share, for a total transaction of $3,307.50.
  • On Friday, July 24th, Ajb Investment Fund Ii, Lp purchased 1,024 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.52 per share, for a total transaction of $2,580.48.
  • On Tuesday, July 14th, Ajb Investment Fund Ii, Lp purchased 10,768 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.63 per share, for a total transaction of $28,319.84.
  • On Monday, July 13th, Ajb Investment Fund Ii, Lp acquired 986 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.56 per share, with a total value of $2,524.16.

Jewett-Cameron Trading Price Performance

NASDAQ:JCTC opened at $2.91 on Monday. The company has a fifty day moving average of $2.49 and a 200-day moving average of $2.10. The firm has a market capitalization of $10.24 million, a P/E ratio of -1.24 and a beta of 0.34. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $3.95.

Jewett-Cameron Trading (NASDAQ:JCTCGet Free Report) last issued its earnings results on Tuesday, July 14th. The company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $9.85 million for the quarter. Jewett-Cameron Trading had a negative return on equity of 38.35% and a negative net margin of 20.94%.

Hedge Funds Weigh In On Jewett-Cameron Trading

Large investors have recently modified their holdings of the company. Citadel Advisors LLC acquired a new stake in Jewett-Cameron Trading in the 3rd quarter valued at $77,000. Susquehanna International Group LLP bought a new stake in Jewett-Cameron Trading during the 3rd quarter valued at $54,000. Finally, DRW Securities LLC acquired a new position in Jewett-Cameron Trading during the fourth quarter worth $44,000. 26.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Jewett-Cameron Trading presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on JCTC

About Jewett-Cameron Trading

(Get Free Report)

Jewett-Cameron Trading Company Ltd. is a supplier of `Value-added` building materials to major home improvement center chains in the western United States. The Company concentrates on the residential repair and remodeling segment of the building materials industry.

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