Community Foundation Oregon Sells 176,006 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 176,006 shares of Jewett-Cameron Trading stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $1.85, for a total transaction of $325,611.10. Following the completion of the sale, the insider directly owned 562,528 shares in the company, valued at $1,040,676.80. This represents a 23.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Community Foundation Oregon also recently made the following trade(s):

• On Thursday, July 9th, Community Foundation Oregon sold 5,282 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.59, for a total transaction of $13,680.38.
• 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 shares were sold at an average price of $2.50, for a total transaction of $45,667.50.

Jewett-Cameron Trading Stock Performance

JCTC traded down $0.05 during midday trading on Monday, hitting $3.09. 11,973 shares of the company traded hands, compared to its average volume of 17,830. The business has a 50 day simple moving average of $2.42 and a two-hundred day simple moving average of $2.07. Jewett-Cameron Trading Company has a 52-week low of $1.54 and a 52-week high of $4.02.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Susquehanna International Group LLP acquired a new position in Jewett-Cameron Trading during the third quarter worth $54,000. DRW Securities LLC acquired a new stake in shares of Jewett-Cameron Trading in the 4th quarter worth $44,000. Finally, Citadel Advisors LLC purchased a new position in shares of Jewett-Cameron Trading during the 3rd quarter worth $77,000. 26.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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