JAN (NYSE:JAN) Raised to “Hold” at Wall Street Zen

JAN (NYSE:JAN) was upgraded by analysts at Wall Street Zen to a “hold” rating in a research note issued to investors on Saturday.

JAN Price Performance

JAN stock opened at $23.94 on Friday. JAN has a 12-month low of $22.76 and a 12-month high of $24.36.

Insider Buying and Selling at JAN

In other news, Director Charles J. Herman, Jr. bought 5,500 shares of the stock in a transaction on Monday, March 23rd. The shares were purchased at an average price of $20.00 per share, for a total transaction of $110,000.00. Following the completion of the purchase, the director directly owned 13,000 shares of the company’s stock, valued at $260,000. This trade represents a 73.33% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Scott M. Brinker bought 100,000 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was purchased at an average cost of $20.00 per share, for a total transaction of $2,000,000.00. Following the completion of the transaction, the chief executive officer owned 100,000 shares in the company, valued at approximately $2,000,000. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought 187,000 shares of company stock valued at $3,740,000 in the last quarter. Corporate insiders own 3.00% of the company’s stock.