Melinda Hodges Bradley Acquires 17,500 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Melinda Hodges Bradley purchased 17,500 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was acquired at an average cost of $2.38 per share, with a total value of $41,650.00. Following the completion of the acquisition, the insider directly owned 371,007 shares of the company’s stock, valued at $882,996.66. This represents a 4.95% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Melinda Hodges Bradley also recently made the following trade(s):

• On Monday, June 29th, Melinda Hodges Bradley purchased 201 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.28 per share, for a total transaction of $458.28.
• On Friday, June 26th, Melinda Hodges Bradley acquired 82 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.21 per share, for a total transaction of $181.22.

Jewett-Cameron Trading Trading Up 2.8%

Shares of Jewett-Cameron Trading stock opened at $2.56 on Friday. The company has a fifty day simple moving average of $2.08 and a 200-day simple moving average of $1.99. Jewett-Cameron Trading Company has a 12-month low of $1.54 and a 12-month high of $4.02. The stock has a market cap of $9.01 million, a price-to-earnings ratio of -1.11 and a beta of 0.36.

Jewett-Cameron Trading (NASDAQ:JCTC) last released its quarterly earnings data on Monday, April 13th. The company reported ($0.35) earnings per share (EPS) for the quarter. Jewett-Cameron Trading had a negative net margin of 19.19% and a negative return on equity of 33.33%. The company had revenue of $10.54 million during the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Citadel Advisors LLC purchased a new position in shares of Jewett-Cameron Trading during the third quarter worth about $77,000. DRW Securities LLC purchased a new stake in Jewett-Cameron Trading during the 4th quarter valued at approximately $44,000. Finally, Susquehanna International Group LLP acquired a new stake in Jewett-Cameron Trading during the 3rd quarter worth approximately $54,000. 26.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Jewett-Cameron Trading from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, June 15th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Jewett-Cameron Trading Company Profile

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.