Insider Buying: Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Acquires $23,111.80 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp bought 7,915 shares of the company’s stock in a transaction on Friday, September 4th. The shares were bought at an average price of $2.92 per share, for a total transaction of $23,111.80. Following the completion of the acquisition, the insider directly owned 484,886 shares in the company, valued at approximately $1,415,867.12. This trade represents a 1.66% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, September 8th, Ajb Investment Fund Ii, Lp acquired 500 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.90 per share, with a total value of $1,450.00.
• On Thursday, August 27th, Ajb Investment Fund Ii, Lp acquired 2,327 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.90 per share, for a total transaction of $6,748.30.
• On Wednesday, August 26th, Ajb Investment Fund Ii, Lp bought 209 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.90 per share, with a total value of $606.10.
• On Tuesday, August 25th, Ajb Investment Fund Ii, Lp bought 5,991 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, with a total value of $17,373.90.
• On Monday, August 24th, Ajb Investment Fund Ii, Lp purchased 1,197 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, for a total transaction of $3,471.30.
• On Friday, August 21st, Ajb Investment Fund Ii, Lp purchased 854 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, for a total transaction of $2,476.60.
• On Thursday, August 20th, Ajb Investment Fund Ii, Lp acquired 10,043 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.90 per share, with a total value of $29,124.70.
• On Friday, August 14th, Ajb Investment Fund Ii, Lp acquired 519 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price 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 stock was purchased at an average cost of $2.90 per share, for a total transaction of $44,825.30.
• On Wednesday, August 12th, Ajb Investment Fund Ii, Lp bought 1,002 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.89 per share, for a total transaction of $2,895.78.

Jewett-Cameron Trading Stock Performance

NASDAQ JCTC traded up $0.01 during trading on Tuesday, hitting $2.94. The stock had a trading volume of 1,777 shares, compared to its average volume of 25,139. Jewett-Cameron Trading Company has a 12 month low of $1.54 and a 12 month high of $3.82. The company’s 50-day moving average price is $2.77 and its two-hundred day moving average price is $2.21. The company has a market capitalization of $10.33 million, a PE ratio of -1.25 and a beta of 0.36.

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

Institutional Investors Weigh In On Jewett-Cameron Trading

Hedge funds have recently added to or reduced their stakes in the business. DRW Securities LLC acquired a new position in shares of Jewett-Cameron Trading in the fourth quarter valued at $44,000. Susquehanna International Group LLP bought a new stake in shares of Jewett-Cameron Trading during the 3rd quarter worth about $54,000. Finally, Citadel Advisors LLC acquired a new position in Jewett-Cameron Trading in the 3rd quarter valued at about $77,000. Institutional investors and hedge funds own 26.05% of the company’s stock.

Analyst Ratings Changes

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