Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Ajb Investment Fund Ii, Lp Acquires 10,768 Shares of Stock

Jewett-Cameron Trading Company (NASDAQ:JCTCGet Free Report) major shareholder Ajb Investment Fund Ii, Lp bought 10,768 shares of the business’s stock in a transaction on Tuesday, July 14th. The stock was acquired at an average cost of $2.63 per share, for a total transaction of $28,319.84. Following the completion of the transaction, the insider owned 428,158 shares in the company, valued at $1,126,055.54. This represents a 2.58% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Monday, July 13th, Ajb Investment Fund Ii, Lp purchased 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.
  • On Wednesday, July 8th, Ajb Investment Fund Ii, Lp purchased 388 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.48 per share, with a total value of $962.24.
  • On Tuesday, July 7th, Ajb Investment Fund Ii, Lp acquired 34,000 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.51 per share, for a total transaction of $85,340.00.

Jewett-Cameron Trading Price Performance

JCTC stock traded up $0.09 during mid-day trading on Tuesday, hitting $2.65. 27,242 shares of the company were exchanged, compared to its average volume of 21,415. The firm has a fifty day simple moving average of $2.18 and a 200 day simple moving average of $2.01. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $4.02.

Jewett-Cameron Trading (NASDAQ:JCTCGet Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The company reported ($0.23) earnings per share for the quarter. The firm had revenue of $9.85 million during the quarter. Jewett-Cameron Trading had a negative net margin of 19.19% and a negative return on equity of 33.33%.

Hedge Funds Weigh In On Jewett-Cameron Trading

A number of hedge funds have recently modified their holdings of JCTC. Citadel Advisors LLC purchased a new position in shares of Jewett-Cameron Trading during the third quarter valued at $77,000. Susquehanna International Group LLP purchased a new stake in shares of Jewett-Cameron Trading during the third quarter worth $54,000. Finally, DRW Securities LLC acquired a new stake in Jewett-Cameron Trading during the fourth quarter valued at $44,000. 26.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Get Our Latest Stock Report on JCTC

Jewett-Cameron Trading Company Profile

(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.

See Also

Insider Buying and Selling by Quarter for Jewett-Cameron Trading (NASDAQ:JCTC)

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