Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Community Foundation Oregon Sells 5,282 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 5,282 shares of Jewett-Cameron Trading stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $2.59, for a total transaction of $13,680.38. Following the transaction, the insider directly owned 738,534 shares of the company’s stock, valued at approximately $1,912,803.06. This represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s stock 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 stock was sold at an average price of $2.51, for a total transaction of $3,642.01.
• On Tuesday, July 7th, Community Foundation Oregon sold 18,267 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.50, for a total transaction of $45,667.50.

Jewett-Cameron Trading Trading Up 4.4%

Shares of NASDAQ JCTC traded up $0.11 during midday trading on Thursday, hitting $2.59. The company’s stock had a trading volume of 38,834 shares, compared to its average volume of 26,552. The business’s 50 day moving average is $2.13 and its two-hundred day moving average is $2.00. Jewett-Cameron Trading Company has a 12-month low of $1.54 and a 12-month high of $4.02. The firm has a market cap of $9.12 million, a P/E ratio of -1.13 and a beta of 0.36.

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

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

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

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.