Insider Buying: JAN (NYSE:JAN) Director Acquires $1,200,000.00 in Stock

JAN (NYSE:JAN) Director John Arabia bought 60,000 shares of the stock in a transaction dated Monday, March 23rd. The shares were acquired at an average price of $20.00 per share, for a total transaction of $1,200,000.00. Following the completion of the purchase, the director directly owned 67,500 shares in the company, valued at approximately $1,350,000. This trade represents a 800.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

JAN Stock Down 2.6%

Shares of NYSE:JAN opened at $22.84 on Friday. JAN has a fifty-two week low of $22.81 and a fifty-two week high of $24.36.