Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Melinda Hodges Bradley Acquires 17,500 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Melinda Hodges Bradley purchased 17,500 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was acquired at an average cost of $2.38 per share, for a total transaction of $41,650.00. Following the completion of the purchase, the insider owned 371,007 shares of the company’s stock, valued at approximately $882,996.66. This represents a 4.95% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Melinda Hodges Bradley also recently made the following trade(s):

• On Monday, June 29th, Melinda Hodges Bradley bought 201 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.28 per share, for a total transaction of $458.28.
• On Friday, June 26th, Melinda Hodges Bradley acquired 82 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.21 per share, for a total transaction of $181.22.

Jewett-Cameron Trading Trading Up 2.9%

Shares of JCTC stock opened at $2.49 on Thursday. The stock has a market cap of $8.76 million, a price-to-earnings ratio of -1.08 and a beta of 0.36. The company’s 50-day moving average price is $2.07 and its 200-day moving average price is $1.99. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $4.02.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded Jewett-Cameron Trading from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, June 15th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Jewett-Cameron Trading has a consensus rating of “Sell”.

Hedge Funds Weigh In On Jewett-Cameron Trading

Institutional investors have recently modified their holdings of the business. DRW Securities LLC acquired a new position in Jewett-Cameron Trading in the fourth quarter valued at $44,000. Susquehanna International Group LLP acquired a new position in shares of Jewett-Cameron Trading in the third quarter valued at approximately $54,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Jewett-Cameron Trading during the third quarter worth approximately $77,000. 26.05% of the stock is owned by institutional investors and hedge funds.

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.