Peter Frayser Sells 15,000 Shares of Janus International Group, Inc. (NYSE:JBI) Stock

Janus International Group, Inc. (NYSE:JBI) insider Peter Frayser sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $15.00, for a total transaction of $225,000.00. Following the completion of the sale, the insider now owns 217,805 shares in the company, valued at $3,267,075. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Janus International Group Stock Up 0.2 %

Shares of NYSE JBI traded up $0.03 during midday trading on Tuesday, hitting $15.06. 1,321,249 shares of the stock traded hands, compared to its average volume of 1,703,746. Janus International Group, Inc. has a one year low of $9.16 and a one year high of $15.86. The company has a market cap of $2.20 billion, a PE ratio of 15.72 and a beta of 0.91. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.63 and a current ratio of 2.95. The business has a 50 day moving average price of $13.34 and a two-hundred day moving average price of $14.12.

Janus International Group (NYSE:JBI) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. Janus International Group had a return on equity of 28.95% and a net margin of 13.14%. The business had revenue of $254.50 million for the quarter, compared to analyst estimates of $252.90 million. During the same period last year, the company posted $0.18 earnings per share. Janus International Group’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, equities analysts predict that Janus International Group, Inc. will post 1.03 EPS for the current year.

Wall Street Analyst Weigh In

JBI has been the topic of a number of recent research reports. Jefferies Financial Group began coverage on Janus International Group in a research note on Monday, April 15th. They set a “buy” rating and a $20.00 price target on the stock. Benchmark restated a “buy” rating and issued a $21.00 price objective on shares of Janus International Group in a report on Tuesday, May 14th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $16.88.

Institutional Trading of Janus International Group

A number of institutional investors have recently modified their holdings of JBI. Tucker Asset Management LLC purchased a new stake in Janus International Group during the 4th quarter worth about $35,000. Comerica Bank lifted its holdings in shares of Janus International Group by 78.8% in the first quarter. Comerica Bank now owns 6,721 shares of the company’s stock worth $102,000 after buying an additional 2,962 shares in the last quarter. Principal Financial Group Inc. bought a new position in shares of Janus International Group in the first quarter valued at approximately $173,000. Kendall Capital Management purchased a new position in Janus International Group during the fourth quarter valued at approximately $176,000. Finally, Saxon Interests Inc. purchased a new stake in Janus International Group in the 1st quarter worth approximately $189,000. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

Janus International Group Company Profile

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.