Insider Selling: Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Sells $13,680.38 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 5,282 shares of the firm’s stock in a transaction dated Thursday, July 9th. The shares were sold at an average price of $2.59, for a total transaction of $13,680.38. Following the completion of the sale, the insider owned 738,534 shares in the company, valued at $1,912,803.06. This represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 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 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 stock was sold at an average price of $2.50, for a total transaction of $45,667.50.

Jewett-Cameron Trading Stock Performance

Shares of Jewett-Cameron Trading stock traded down $0.07 during trading on Friday, hitting $2.52. 4,299 shares of the company’s stock were exchanged, compared to its average volume of 27,075. The stock has a market capitalization of $8.87 million, a price-to-earnings ratio of -1.10 and a beta of 0.36. The business has a 50-day simple moving average of $2.15 and a 200-day simple moving average of $2.01. 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 posted its quarterly earnings results on Monday, April 13th. The company reported ($0.35) EPS for the quarter. The business 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%.

Hedge Funds Weigh In On Jewett-Cameron Trading

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

Analyst Ratings Changes

Separately, Weiss Ratings raised Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average 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.