Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Ajb Investment Fund Ii, Lp Acquires 10,043 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTCGet Free Report) major shareholder Ajb Investment Fund Ii, Lp bought 10,043 shares of Jewett-Cameron Trading stock in a transaction dated Thursday, August 20th. The stock was acquired at an average price of $2.90 per share, for a total transaction of $29,124.70. Following the completion of the acquisition, the insider owned 466,393 shares in the company, valued at approximately $1,352,539.70. The trade was a 2.20% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Friday, August 21st, Ajb Investment Fund Ii, Lp bought 854 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, with a total value of $2,476.60.
  • 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, with a total value 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 bought at an average cost of $2.90 per share, with a total value of $44,825.30.
  • On Wednesday, August 12th, Ajb Investment Fund Ii, Lp purchased 1,002 shares of Jewett-Cameron Trading stock. The stock was purchased 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 shares were acquired at an average price of $2.80 per share, for a total transaction of $1,198.40.
  • On Wednesday, August 5th, Ajb Investment Fund Ii, Lp acquired 3,134 shares of Jewett-Cameron Trading stock. The shares were acquired 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 bought 3,700 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.60 per share, for a total transaction of $9,620.00.
  • On Wednesday, July 29th, Ajb Investment Fund Ii, Lp bought 1,578 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.53 per share, for a total transaction of $3,992.34.
  • On Tuesday, July 21st, Ajb Investment Fund Ii, Lp acquired 1,350 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.45 per share, for a total transaction of $3,307.50.
  • On Friday, July 24th, Ajb Investment Fund Ii, Lp purchased 1,024 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.52 per share, for a total transaction of $2,580.48.

Jewett-Cameron Trading Trading Down 1.3%

NASDAQ:JCTC traded down $0.04 during mid-day trading on Friday, hitting $2.94. 16,254 shares of the company’s stock traded hands, compared to its average volume of 29,579. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $3.95. The company has a fifty day moving average of $2.60 and a 200 day moving average of $2.13.

Jewett-Cameron Trading (NASDAQ:JCTCGet Free Report) last announced its quarterly earnings data 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 company had revenue of $9.85 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 5th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Get Our Latest Research Report on JCTC

Hedge Funds Weigh In On Jewett-Cameron Trading

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

About Jewett-Cameron Trading

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Jewett-Cameron Trading (NASDAQ:JCTC)

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