Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Acquires 5,991 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp purchased 5,991 shares of the stock in a transaction dated Tuesday, August 25th. The shares were purchased at an average price of $2.90 per share, with a total value of $17,373.90. Following the completion of the transaction, the insider owned 474,435 shares of the company’s stock, valued at approximately $1,375,861.50. This trade represents a 1.28% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Large shareholders that own 10% or more 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 Monday, August 24th, Ajb Investment Fund Ii, Lp acquired 1,197 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, for a total transaction of $3,471.30.
• On Friday, August 21st, Ajb Investment Fund Ii, Lp bought 854 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.90 per share, for a total transaction of $2,476.60.
• On Thursday, August 20th, Ajb Investment Fund Ii, Lp bought 10,043 shares of Jewett-Cameron Trading stock. The stock was 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 purchased 519 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.90 per share, with a total value of $1,505.10.
• On Thursday, August 13th, Ajb Investment Fund Ii, Lp acquired 15,457 shares of Jewett-Cameron Trading stock. The shares were bought 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 acquired 1,002 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.89 per share, for a total transaction of $2,895.78.
• On Thursday, August 6th, Ajb Investment Fund Ii, Lp bought 428 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.80 per share, with a total value of $1,198.40.
• On Wednesday, August 5th, Ajb Investment Fund Ii, Lp bought 3,134 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.77 per share, with a total value of $8,681.18.
• On Thursday, July 30th, Ajb Investment Fund Ii, Lp bought 3,700 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.60 per share, with a total value of $9,620.00.
• On Wednesday, July 29th, Ajb Investment Fund Ii, Lp purchased 1,578 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.53 per share, for a total transaction of $3,992.34.

Jewett-Cameron Trading Stock Up 1.4%

NASDAQ JCTC traded up $0.04 during trading hours on Tuesday, hitting $2.95. 15,497 shares of the company were exchanged, compared to its average volume of 26,050. The firm has a market cap of $10.38 million, a price-to-earnings ratio of -1.26 and a beta of 0.34. The company has a 50 day moving average of $2.62 and a two-hundred day moving average of $2.14. Jewett-Cameron Trading Company has a 52-week low of $1.54 and a 52-week high of $3.84.

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

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Jewett-Cameron Trading

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

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.