JFB Construction (NASDAQ:JFB) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of JFB Construction (NASDAQ:JFB) from a sell rating to a hold rating in a research note published on Saturday morning.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JFB Construction in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, JFB Construction currently has an average rating of “Sell”.

JFB Construction Stock Up 4.3%

NASDAQ JFB opened at $16.02 on Friday. The firm’s 50 day moving average price is $16.36. JFB Construction has a one year low of $3.39 and a one year high of $23.00. The company has a market cap of $152.19 million and a P/E ratio of -43.30.

JFB Construction (NASDAQ:JFB) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.11) EPS for the quarter. JFB Construction had a negative net margin of 14.07% and a negative return on equity of 31.22%. The business had revenue of $4.98 million for the quarter.

Insider Buying and Selling at JFB Construction

In other news, CEO Joseph Frank Basile III purchased 5,900 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were bought at an average cost of $16.79 per share, for a total transaction of $99,061.00. Following the acquisition, the chief executive officer owned 430,900 shares of the company’s stock, valued at approximately $7,234,811. This trade represents a 1.39% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Ruben Calderon acquired 1,550 shares of JFB Construction stock in a transaction that occurred on Wednesday, December 10th. The stock was purchased at an average cost of $18.72 per share, for a total transaction of $29,016.00. Following the completion of the transaction, the chief financial officer directly owned 26,550 shares in the company, valued at $497,016. This trade represents a 6.20% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in JFB Construction stock. Nomura Holdings Inc. purchased a new position in shares of JFB Construction Holding (NASDAQ:JFB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 20,000 shares of the company’s stock, valued at approximately $258,000. Nomura Holdings Inc. owned about 0.21% of JFB Construction as of its most recent filing with the Securities and Exchange Commission.

About JFB Construction

JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities. Our comprehensive suite of services encompasses everything from initial project planning and design to the final stages of construction and project management.