Insider Selling: Jewett-Cameron Trading Company Ltd (NASDAQ:JCTCF) Insider Sells 300,000 Shares of Stock
Jewett-Cameron Trading Company Ltd (NASDAQ:JCTCF) insider Michael Charles Nasser sold 300,000 shares of Jewett-Cameron Trading stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $7.89, for a total transaction of $2,367,000.00. Following the completion of the transaction, the insider now owns 31,888 shares in the company, valued at approximately $251,596.32. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
NASDAQ:JCTCF traded down $0.01 during trading hours on Friday, reaching $7.99. The company’s stock had a trading volume of 6,700 shares, compared to its average volume of 2,660. The firm has a market capitalization of $31.77 million, a price-to-earnings ratio of 15.69 and a beta of 0.40. The firm has a 50-day simple moving average of $7.94 and a 200-day simple moving average of $8.02. Jewett-Cameron Trading Company Ltd has a 1 year low of $6.73 and a 1 year high of $9.32.
Jewett-Cameron Trading (NASDAQ:JCTCF) last issued its earnings results on Wednesday, November 13th. The company reported $0.13 EPS for the quarter. The company had revenue of $11.83 million for the quarter. Jewett-Cameron Trading had a net margin of 4.62% and a return on equity of 10.19%.
An institutional investor recently raised its position in Jewett-Cameron Trading stock. Riverview Trust Co boosted its position in Jewett-Cameron Trading Company Ltd (NASDAQ:JCTCF) by 5.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,202,288 shares of the company’s stock after acquiring an additional 60,750 shares during the period. Jewett-Cameron Trading accounts for 6.7% of Riverview Trust Co’s investment portfolio, making the stock its 3rd biggest position. Riverview Trust Co owned approximately 30.36% of Jewett-Cameron Trading worth $9,594,000 at the end of the most recent reporting period. 49.85% of the stock is currently owned by hedge funds and other institutional investors.
Jewett-Cameron Trading Company Profile
Jewett-Cameron Trading Company Ltd., through its subsidiaries, manufactures and distributes specialty metal products; and distributes wood products to home centers and other retailers primarily in the United States. The company operates through four segments: Industrial Wood Products; Lawn, Garden, Pet and Other; Seed Processing and Sales; and Industrial Tools and Clamps.
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