Insider Selling: Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Sells $325,611.10 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 176,006 shares of the company’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $1.85, for a total transaction of $325,611.10. Following the completion of the sale, the insider directly owned 562,528 shares in the company, valued at approximately $1,040,676.80. The trade was a 23.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Community Foundation Oregon also recently made the following trade(s):

• On Thursday, August 6th, Community Foundation Oregon sold 176,006 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $1.85, for a total value of $325,611.10.
• On Thursday, July 9th, Community Foundation Oregon sold 5,282 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.59, for a total value of $13,680.38.
• On Wednesday, July 8th, Community Foundation Oregon sold 1,451 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.51, for a total value of $3,642.01.
• On Tuesday, July 7th, Community Foundation Oregon sold 18,267 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.50, for a total transaction of $45,667.50.

Jewett-Cameron Trading Stock Performance

Shares of NASDAQ JCTC opened at $2.95 on Monday. The company has a market capitalization of $10.38 million, a PE ratio of -1.26 and a beta of 0.42. The company’s fifty day moving average price is $2.91 and its 200 day moving average price is $2.37. Jewett-Cameron Trading Company has a 1 year low of $1.54 and a 1 year high of $3.82.

Jewett-Cameron Trading (NASDAQ:JCTC) last released its quarterly earnings data on Tuesday, July 14th. The company reported ($0.23) earnings per share for the quarter. Jewett-Cameron Trading had a negative net margin of 20.94% and a negative return on equity of 38.35%. The firm had revenue of $9.85 million during the quarter.

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 Wednesday, August 5th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

About Jewett-Cameron Trading

Jewett-Cameron Trading Company Ltd. is a specialty manufacturer and distributor of products for lawn and garden, pet and animal management, fencing, and outdoor living applications. The company offers products designed for residential, commercial, agricultural, and professional users.

Its product portfolio includes fencing systems, gates, kennel and animal-containment products, garden beds, planters, trellises, landscaping accessories, firewood racks, and related outdoor products. Jewett-Cameron also sells industrial wood products, including stakes, posts, and other wood components used in construction, landscaping, and agricultural applications.

The company markets its products through retailers, home-improvement and hardware stores, distributors, mass merchants, and online channels.