Ajb Investment Fund Ii, Lp Acquires 7,915 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp purchased 7,915 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was purchased at an average price of $2.92 per share, for a total transaction of $23,111.80. Following the acquisition, the insider owned 484,886 shares in the company, valued at approximately $1,415,867.12. This trade represents a 1.66% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Tuesday, September 8th, Ajb Investment Fund Ii, Lp acquired 500 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.90 per share, with a total value of $1,450.00.
• On Thursday, August 27th, Ajb Investment Fund Ii, Lp bought 2,327 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, for a total transaction of $6,748.30.
• On Wednesday, August 26th, Ajb Investment Fund Ii, Lp bought 209 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, for a total transaction of $606.10.
• On Tuesday, August 25th, Ajb Investment Fund Ii, Lp purchased 5,991 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, with a total value of $17,373.90.
• On Monday, August 24th, Ajb Investment Fund Ii, Lp purchased 1,197 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, with a total value of $3,471.30.
• On Friday, August 21st, Ajb Investment Fund Ii, Lp purchased 854 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.90 per share, with a total value of $2,476.60.
• On Thursday, August 20th, Ajb Investment Fund Ii, Lp acquired 10,043 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.90 per share, for a total transaction of $29,124.70.
• On Friday, August 14th, Ajb Investment Fund Ii, Lp acquired 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 Thursday, August 13th, Ajb Investment Fund Ii, Lp acquired 15,457 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.90 per share, for a total transaction of $44,825.30.
• On Wednesday, August 12th, Ajb Investment Fund Ii, Lp bought 1,002 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.89 per share, with a total value of $2,895.78.

Jewett-Cameron Trading Trading Up 2.8%

Shares of JCTC opened at $3.00 on Thursday. The stock has a market cap of $10.56 million, a P/E ratio of -1.28 and a beta of 0.36. The company has a 50-day moving average of $2.79 and a two-hundred day moving average of $2.23. Jewett-Cameron Trading Company has a 12-month low of $1.54 and a 12-month high of $3.82.

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

Hedge Funds Weigh In On Jewett-Cameron Trading

A number of institutional investors have recently modified their holdings of JCTC. Citadel Advisors LLC purchased a new position in shares of Jewett-Cameron Trading during the third quarter valued at approximately $77,000. Susquehanna International Group LLP acquired a new position in Jewett-Cameron Trading in the 3rd quarter valued at $54,000. Finally, DRW Securities LLC purchased a new position in shares of Jewett-Cameron Trading during the 4th quarter worth $44,000. Institutional investors and hedge funds own 26.05% of the company’s stock.

Analyst Upgrades and Downgrades

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