Insider Buying: JFB Construction (NASDAQ:JFB) CFO Buys 1,550 Shares of Stock

JFB Construction Holding (NASDAQ:JFB) CFO Ruben Calderon acquired 1,550 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were bought at an average price of $18.72 per share, for a total transaction of $29,016.00. Following the acquisition, the chief financial officer owned 26,550 shares in the company, valued at approximately $497,016. This trade represents a 6.20% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

JFB Construction Trading Down 15.7%

Shares of JFB traded down $2.99 during midday trading on Wednesday, hitting $16.07. The stock had a trading volume of 236,080 shares, compared to its average volume of 231,798. JFB Construction Holding has a fifty-two week low of $3.39 and a fifty-two week high of $22.45. The stock’s 50-day moving average price is $16.64. The company has a market capitalization of $152.67 million and a price-to-earnings ratio of -43.43.

JFB Construction (NASDAQ:JFB) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. JFB Construction had a negative return on equity of 31.22% and a negative net margin of 14.07%.The business had revenue of $4.98 million during the quarter.

Analysts Set New Price Targets

A number of research firms recently issued reports on JFB. Weiss Ratings reissued a “sell (d-)” rating on shares of JFB Construction in a research report on Monday. Wall Street Zen raised shares of JFB Construction from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Institutional Trading of JFB Construction

A hedge fund recently bought a new stake in JFB Construction stock. Nomura Holdings Inc. bought a new stake in JFB Construction Holding (NASDAQ:JFB) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 20,000 shares of the company’s stock, valued at approximately $258,000. Nomura Holdings Inc. owned about 0.21% of JFB Construction as of its most recent SEC filing.

About JFB Construction

JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities.