Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Ajb Investment Fund Ii, Lp Acquires 15,457 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTCGet Free Report) major shareholder Ajb Investment Fund Ii, Lp acquired 15,457 shares of the stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $2.90 per share, with a total value of $44,825.30. Following the completion of the purchase, the insider owned 455,831 shares of the company’s stock, valued at approximately $1,321,909.90. The trade was a 3.51% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Ajb Investment Fund Ii, Lp also recently made the following trade(s):

  • On Friday, August 14th, Ajb Investment Fund Ii, Lp bought 519 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.90 per share, for a total transaction of $1,505.10.
  • On Wednesday, August 12th, Ajb Investment Fund Ii, Lp purchased 1,002 shares of Jewett-Cameron Trading stock. The shares were acquired 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 purchased 428 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.80 per share, with a total value of $1,198.40.
  • On Wednesday, August 5th, Ajb Investment Fund Ii, Lp acquired 3,134 shares of Jewett-Cameron Trading stock. The stock was acquired 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 acquired 3,700 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.60 per share, for a total transaction of $9,620.00.
  • On Wednesday, July 29th, Ajb Investment Fund Ii, Lp bought 1,578 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.53 per share, for a total transaction of $3,992.34.
  • On Tuesday, July 21st, Ajb Investment Fund Ii, Lp bought 1,350 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.45 per share, with a total value of $3,307.50.
  • On Friday, July 24th, Ajb Investment Fund Ii, Lp purchased 1,024 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.52 per share, for a total transaction of $2,580.48.
  • On Tuesday, July 14th, Ajb Investment Fund Ii, Lp acquired 10,768 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.63 per share, with a total value of $28,319.84.
  • On Monday, July 13th, Ajb Investment Fund Ii, Lp bought 986 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.56 per share, with a total value of $2,524.16.

Jewett-Cameron Trading Stock Performance

Shares of NASDAQ JCTC traded up $0.01 during midday trading on Friday, hitting $2.91. 2,448 shares of the company traded hands, compared to its average volume of 24,930. Jewett-Cameron Trading Company has a 12-month low of $1.54 and a 12-month high of $3.95. The stock has a 50-day moving average price of $2.47 and a 200 day moving average price of $2.09. The firm has a market cap of $10.24 million, a P/E ratio of -1.24 and a beta of 0.34.

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

Wall Street Analysts Forecast Growth

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

Get Our Latest Analysis on Jewett-Cameron Trading

Institutional Investors Weigh In On Jewett-Cameron Trading

Hedge funds have recently added to or reduced their stakes in the stock. DRW Securities LLC purchased a new stake in shares of Jewett-Cameron Trading in the fourth quarter worth $44,000. Susquehanna International Group LLP purchased a new stake in Jewett-Cameron Trading during the 3rd quarter valued at about $54,000. Finally, Citadel Advisors LLC purchased a new stake in Jewett-Cameron Trading during the 3rd quarter valued at about $77,000. 26.05% of the stock is owned by institutional investors.

Jewett-Cameron Trading Company Profile

(Get Free Report)

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.

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