Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Sells $14,763.92 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 8,248 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1.79, for a total transaction of $14,763.92. Following the completion of the transaction, the insider owned 770,297 shares in the company, valued at approximately $1,378,831.63. This trade represents a 1.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Community Foundation Oregon also recently made the following trade(s):

• On Thursday, February 26th, Community Foundation Oregon sold 6,763 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $1.78, for a total transaction of $12,038.14.
• On Tuesday, February 24th, Community Foundation Oregon sold 3,864 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $1.80, for a total transaction of $6,955.20.
• On Monday, February 23rd, Community Foundation Oregon sold 3,550 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $1.80, for a total value of $6,390.00.
• On Friday, February 20th, Community Foundation Oregon sold 43,980 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $1.81, for a total value of $79,603.80.
• On Thursday, February 19th, Community Foundation Oregon sold 2,270 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $1.82, for a total value of $4,131.40.
• On Thursday, January 15th, Community Foundation Oregon sold 1 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.31, for a total value of $2.31.
• On Wednesday, January 14th, Community Foundation Oregon sold 6,324 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.31, for a total value of $14,608.44.
• On Friday, January 2nd, Community Foundation Oregon sold 1,487 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.27, for a total value of $3,375.49.
• On Wednesday, December 31st, Community Foundation Oregon sold 2,519 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.27, for a total transaction of $5,718.13.
• On Tuesday, December 30th, Community Foundation Oregon sold 4,221 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.27, for a total transaction of $9,581.67.

Jewett-Cameron Trading Price Performance

Shares of JCTC stock traded down $0.07 on Monday, hitting $1.79. 2,892 shares of the company’s stock traded hands, compared to its average volume of 33,871. The company’s fifty day simple moving average is $2.05 and its 200 day simple moving average is $2.72. Jewett-Cameron Trading Company has a one year low of $1.66 and a one year high of $4.92.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Jewett-Cameron Trading in a research report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Hedge Funds Weigh In On Jewett-Cameron Trading

Hedge funds have recently made changes to their positions in the business. DRW Securities LLC purchased a new stake in Jewett-Cameron Trading in the fourth quarter worth $44,000. Susquehanna International Group LLP bought a new position in Jewett-Cameron Trading in the 3rd quarter worth $54,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Jewett-Cameron Trading in the 3rd quarter worth about $77,000. 26.05% of the stock is owned by hedge funds and other institutional investors.

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.