Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Community Foundation Oregon Sells 18,267 Shares of Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 18,267 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $2.50, for a total transaction of $45,667.50. Following the completion of the transaction, the insider directly owned 745,267 shares of the company’s stock, valued at $1,863,167.50. This represents a 2.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Wednesday, July 8th, Community Foundation Oregon sold 1,451 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.51, for a total transaction of $3,642.01.

Jewett-Cameron Trading Trading Up 0.8%

Shares of NASDAQ:JCTC opened at $2.48 on Thursday. Jewett-Cameron Trading Company has a 12 month low of $1.54 and a 12 month high of $4.02. The firm’s 50-day moving average is $2.13 and its 200 day moving average is $2.00. The company has a market capitalization of $8.73 million, a price-to-earnings ratio of -1.08 and a beta of 0.36.

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

Institutional Investors Weigh In On Jewett-Cameron Trading

Large investors have recently made changes to their positions in the stock. Citadel Advisors LLC acquired a new position in shares of Jewett-Cameron Trading in the third quarter valued at about $77,000. DRW Securities LLC acquired a new stake in Jewett-Cameron Trading during the fourth quarter valued at $44,000. Finally, Susquehanna International Group LLP purchased a new position in Jewett-Cameron Trading in the third quarter valued at $54,000. 26.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock 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.