Ajb Investment Fund Ii, Lp Buys 15,457 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp acquired 15,457 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were acquired at an average price of $2.90 per share, for a total transaction of $44,825.30. Following the acquisition, the insider directly owned 455,831 shares in the company, valued at $1,321,909.90. This represents a 3.51% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own more than 10% 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 14th, Ajb Investment Fund Ii, Lp acquired 519 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.90 per share, with a total value of $1,505.10.
• On Wednesday, August 12th, Ajb Investment Fund Ii, Lp bought 1,002 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.89 per share, with a total value of $2,895.78.
• On Thursday, August 6th, Ajb Investment Fund Ii, Lp bought 428 shares of Jewett-Cameron Trading stock. The shares were bought 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 bought at an average price of $2.77 per share, for a total transaction of $8,681.18.
• On Thursday, July 30th, Ajb Investment Fund Ii, Lp purchased 3,700 shares of Jewett-Cameron Trading stock. The stock was 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 stock was bought at an average price of $2.53 per share, with a total value of $3,992.34.
• On Tuesday, July 21st, Ajb Investment Fund Ii, Lp purchased 1,350 shares of Jewett-Cameron Trading stock. The stock was bought at an average price 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 shares were bought at an average cost of $2.52 per share, with a total value of $2,580.48.
• On Tuesday, July 14th, Ajb Investment Fund Ii, Lp acquired 10,768 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.63 per share, for a total transaction of $28,319.84.
• On Monday, July 13th, Ajb Investment Fund Ii, Lp acquired 986 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.56 per share, for a total transaction of $2,524.16.

Jewett-Cameron Trading Trading Up 0.3%

JCTC opened at $2.91 on Friday. The stock has a market capitalization of $10.24 million, a P/E ratio of -1.24 and a beta of 0.34. Jewett-Cameron Trading Company has a 12 month low of $1.54 and a 12 month high of $3.95. The firm’s fifty day simple moving average is $2.49 and its 200 day simple moving average is $2.10.

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

Institutional Trading of Jewett-Cameron Trading

A number of institutional investors have recently made changes to their positions in JCTC. DRW Securities LLC acquired a new position in Jewett-Cameron Trading during the fourth quarter worth $44,000. Susquehanna International Group LLP acquired a new stake in Jewett-Cameron Trading in the 3rd quarter valued at $54,000. Finally, Citadel Advisors LLC bought a new stake in Jewett-Cameron Trading during the 3rd quarter worth about $77,000. Institutional investors own 26.05% of the company’s stock.

Wall Street Analyst Weigh In

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

About Jewett-Cameron Trading

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.