Ajb Investment Fund Ii, Lp Buys 15,457 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp purchased 15,457 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was bought at an average cost of $2.90 per share, for a total transaction of $44,825.30. Following the acquisition, the insider directly owned 455,831 shares in the company, valued at $1,321,909.90. This trade represents a 3.51% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major 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 14th, Ajb Investment Fund Ii, Lp acquired 519 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, for a total transaction of $1,505.10.
• On Wednesday, August 12th, Ajb Investment Fund Ii, Lp acquired 1,002 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost 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 stock was purchased at an average cost of $2.80 per share, with a total value of $1,198.40.
• On Wednesday, August 5th, Ajb Investment Fund Ii, Lp purchased 3,134 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.77 per share, for a total transaction of $8,681.18.
• On Thursday, July 30th, Ajb Investment Fund Ii, Lp purchased 3,700 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.60 per share, with a total value of $9,620.00.
• On Wednesday, July 29th, Ajb Investment Fund Ii, Lp acquired 1,578 shares of Jewett-Cameron Trading stock. The stock was purchased 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 purchased 1,350 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.45 per share, for a total transaction of $3,307.50.
• On Friday, July 24th, Ajb Investment Fund Ii, Lp bought 1,024 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.52 per share, for a total transaction of $2,580.48.
• On Tuesday, July 14th, Ajb Investment Fund Ii, Lp purchased 10,768 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.63 per share, with a total value of $28,319.84.
• On Monday, July 13th, Ajb Investment Fund Ii, Lp acquired 986 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.56 per share, for a total transaction of $2,524.16.

Jewett-Cameron Trading Stock Performance

NASDAQ JCTC traded up $0.01 during trading hours on Friday, hitting $2.91. The company had a trading volume of 2,448 shares, compared to its average volume of 24,930. Jewett-Cameron Trading Company has a 52 week low of $1.54 and a 52 week high of $3.95. The firm has a 50 day simple moving average of $2.47 and a 200 day simple moving average of $2.09. The firm has a market capitalization of $10.24 million, a price-to-earnings ratio of -1.24 and a beta of 0.34.

Jewett-Cameron Trading (NASDAQ:JCTC) last issued its quarterly earnings data on Tuesday, July 14th. The company reported ($0.23) EPS for the quarter. The firm had revenue of $9.85 million for the quarter. Jewett-Cameron Trading had a negative net margin of 20.94% and a negative return on equity of 38.35%.

Institutional Investors Weigh In On Jewett-Cameron Trading

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

Wall Street Analysts Forecast Growth

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

About Jewett-Cameron Trading

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.