Terril Brothers Inc. Sells 16,500 Shares of Jason Industries Inc (JASN)
Terril Brothers Inc. reduced its stake in Jason Industries Inc (NASDAQ:JASN) by 6.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 249,444 shares of the technology company’s stock after selling 16,500 shares during the quarter. Terril Brothers Inc. owned approximately 0.91% of Jason Industries worth $342,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of JASN. Manatuck Hill Partners LLC lifted its stake in Jason Industries by 3,571.6% during the 3rd quarter. Manatuck Hill Partners LLC now owns 734,329 shares of the technology company’s stock worth $2,475,000 after acquiring an additional 714,329 shares in the last quarter. Skylands Capital LLC raised its position in Jason Industries by 20.5% in the 3rd quarter. Skylands Capital LLC now owns 539,500 shares of the technology company’s stock valued at $1,818,000 after purchasing an additional 91,681 shares in the last quarter. Renaissance Technologies LLC raised its position in Jason Industries by 19.3% in the 3rd quarter. Renaissance Technologies LLC now owns 1,036,916 shares of the technology company’s stock valued at $3,494,000 after purchasing an additional 167,400 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in Jason Industries in the 3rd quarter valued at about $193,000. Finally, Vanguard Group Inc raised its position in Jason Industries by 2.1% in the 3rd quarter. Vanguard Group Inc now owns 733,683 shares of the technology company’s stock valued at $2,472,000 after purchasing an additional 15,131 shares in the last quarter. Institutional investors own 37.88% of the company’s stock.
Shares of NASDAQ JASN traded down $0.01 during midday trading on Tuesday, hitting $2.38. 88,847 shares of the company’s stock were exchanged, compared to its average volume of 98,316. Jason Industries Inc has a twelve month low of $1.29 and a twelve month high of $3.88. The firm has a market capitalization of $65.49 million, a PE ratio of 238.00 and a beta of 0.89.
A number of research firms have issued reports on JASN. ValuEngine raised Jason Industries from a “hold” rating to a “buy” rating in a research report on Thursday, January 10th. Zacks Investment Research raised Jason Industries from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.
Jason Industries Profile
Jason Industries is the parent company to a global family of manufacturing leaders within the seating, finishing, components and automotive acoustics markets, including Assembled Products (Buffalo Grove, Ill.), Janesville Acoustics (Southfield, Mich.), Metalex (Libertyville, Ill.), Milsco (Milwaukee, Wis.), Osborn (Richmond, Indiana and Burgwald, Germany) and Sealeze (Richmond, Va.).
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