Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Ajb Investment Fund Ii, Lp Purchases 10,043 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTCGet Free Report) major shareholder Ajb Investment Fund Ii, Lp bought 10,043 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was purchased at an average cost of $2.90 per share, for a total transaction of $29,124.70. Following the transaction, the insider owned 466,393 shares of the company’s stock, valued at $1,352,539.70. This trade represents a 2.20% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

  • On Friday, August 21st, Ajb Investment Fund Ii, Lp purchased 854 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, with a total value of $2,476.60.
  • On Friday, August 14th, Ajb Investment Fund Ii, Lp acquired 519 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, with a total value of $1,505.10.
  • On Thursday, August 13th, Ajb Investment Fund Ii, Lp bought 15,457 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.90 per share, for a total transaction of $44,825.30.
  • On Wednesday, August 12th, Ajb Investment Fund Ii, Lp purchased 1,002 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.89 per share, for a total transaction of $2,895.78.
  • On Thursday, August 6th, Ajb Investment Fund Ii, Lp acquired 428 shares of Jewett-Cameron Trading stock. The stock was purchased 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, for a total transaction of $8,681.18.
  • On Thursday, July 30th, Ajb Investment Fund Ii, Lp acquired 3,700 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.60 per share, for a total transaction of $9,620.00.
  • On Wednesday, July 29th, Ajb Investment Fund Ii, Lp purchased 1,578 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.53 per share, for a total transaction of $3,992.34.
  • On Tuesday, July 21st, Ajb Investment Fund Ii, Lp bought 1,350 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.45 per share, with a total value of $3,307.50.
  • On Friday, July 24th, Ajb Investment Fund Ii, Lp acquired 1,024 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.52 per share, with a total value of $2,580.48.

Jewett-Cameron Trading Stock Down 1.3%

JCTC stock traded down $0.04 on Friday, hitting $2.94. The company’s stock had a trading volume of 16,254 shares, compared to its average volume of 29,579. The firm has a 50 day moving average of $2.60 and a two-hundred day moving average of $2.13. Jewett-Cameron Trading Company has a 1 year low of $1.54 and a 1 year high of $3.95.

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

Institutional Investors Weigh In On Jewett-Cameron Trading

Institutional investors and hedge funds have recently bought and sold shares of the stock. DRW Securities LLC acquired a new stake in shares of Jewett-Cameron Trading during the fourth quarter valued at $44,000. Susquehanna International Group LLP purchased a new stake in shares of Jewett-Cameron Trading during the 3rd quarter valued at $54,000. Finally, Citadel Advisors LLC purchased a new stake in Jewett-Cameron Trading during the third quarter valued at about $77,000. Hedge funds and other institutional investors own 26.05% of the company’s stock.

Analysts Set New Price Targets

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

Get 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.

Further Reading

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

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