Insider Buying: Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Purchases $17,373.90 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp bought 5,991 shares of the stock in a transaction on Tuesday, August 25th. The shares were purchased at an average price of $2.90 per share, with a total value of $17,373.90. Following the acquisition, the insider owned 474,435 shares in the company, valued at approximately $1,375,861.50. This represents a 1.28% increase in their position. The transaction was disclosed in a filing with the SEC, which is available 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 Monday, August 24th, Ajb Investment Fund Ii, Lp bought 1,197 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, for a total transaction of $3,471.30.
• On Friday, August 21st, Ajb Investment Fund Ii, Lp acquired 854 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.90 per share, for a total transaction of $2,476.60.
• On Thursday, August 20th, Ajb Investment Fund Ii, Lp bought 10,043 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.90 per share, with a total value of $29,124.70.
• On Friday, August 14th, Ajb Investment Fund Ii, Lp purchased 519 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.90 per share, for a total transaction of $1,505.10.
• On Thursday, August 13th, Ajb Investment Fund Ii, Lp acquired 15,457 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.90 per share, with a total value of $44,825.30.
• On Wednesday, August 12th, Ajb Investment Fund Ii, Lp acquired 1,002 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.89 per share, with a total value of $2,895.78.
• On Thursday, August 6th, Ajb Investment Fund Ii, Lp bought 428 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.80 per share, for a total transaction of $1,198.40.
• On Wednesday, August 5th, Ajb Investment Fund Ii, Lp bought 3,134 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.77 per share, for a total transaction of $8,681.18.
• On Thursday, July 30th, Ajb Investment Fund Ii, Lp purchased 3,700 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.60 per share, with a total value of $9,620.00.
• On Wednesday, July 29th, Ajb Investment Fund Ii, Lp purchased 1,578 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.53 per share, with a total value of $3,992.34.

Jewett-Cameron Trading Stock Down 0.7%

JCTC stock opened at $2.93 on Friday. The company has a market cap of $10.31 million, a price-to-earnings ratio of -1.25 and a beta of 0.34. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $3.82. The business has a 50 day moving average price of $2.67 and a two-hundred day moving average price of $2.16.

Jewett-Cameron Trading (NASDAQ:JCTC) last announced its quarterly earnings data on Tuesday, July 14th. The company reported ($0.23) earnings per share (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 Trading of Jewett-Cameron Trading

A number of hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC acquired a new position in shares of Jewett-Cameron Trading during the 3rd quarter worth approximately $77,000. Susquehanna International Group LLP acquired a new stake in Jewett-Cameron Trading during the 3rd quarter valued at $54,000. Finally, DRW Securities LLC bought a new position in Jewett-Cameron Trading during the fourth quarter worth $44,000. 26.05% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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 investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Jewett-Cameron Trading 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.