Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Sells $79,603.80 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 43,980 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $1.81, for a total value of $79,603.80. Following the completion of the sale, the insider directly owned 785,959 shares in the company, valued at approximately $1,422,585.79. The trade was a 5.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Thursday, February 19th, Community Foundation Oregon sold 2,270 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $1.82, for a total value of $4,131.40.
• On Thursday, January 15th, Community Foundation Oregon sold 1 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.31, for a total transaction of $2.31.
• On Wednesday, January 14th, Community Foundation Oregon sold 6,324 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.31, for a total transaction of $14,608.44.
• On Friday, January 2nd, Community Foundation Oregon sold 1,487 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.27, for a total transaction of $3,375.49.
• On Wednesday, December 31st, Community Foundation Oregon sold 2,519 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.27, for a total transaction of $5,718.13.
• On Tuesday, December 30th, Community Foundation Oregon sold 4,221 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.27, for a total transaction of $9,581.67.
• On Monday, December 29th, Community Foundation Oregon sold 4,948 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.27, for a total value of $11,231.96.
• On Friday, December 26th, Community Foundation Oregon sold 14,797 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.26, for a total value of $33,441.22.
• On Wednesday, December 24th, Community Foundation Oregon sold 5,378 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.25, for a total value of $12,100.50.
• On Tuesday, December 23rd, Community Foundation Oregon sold 1,104 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.25, for a total value of $2,484.00.

Jewett-Cameron Trading Stock Performance

Jewett-Cameron Trading stock traded down $0.03 during mid-day trading on Friday, reaching $1.78. The stock had a trading volume of 72,104 shares, compared to its average volume of 25,982. Jewett-Cameron Trading Company has a one year low of $1.66 and a one year high of $4.92. The company has a 50-day moving average price of $2.10 and a two-hundred day moving average price of $2.82.

Jewett-Cameron Trading (NASDAQ:JCTC) last issued its earnings results on Wednesday, January 14th. The company reported ($0.63) earnings per share (EPS) for the quarter. Jewett-Cameron Trading had a negative return on equity of 26.93% and a negative net margin of 18.23%.The firm had revenue of $8.65 million during the quarter.

Institutional Inflows and Outflows

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

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Jewett-Cameron Trading in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Jewett-Cameron Trading has a consensus 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.