Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Ajb Investment Fund Ii, Lp Purchases 7,915 Shares of Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp purchased 7,915 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The shares were purchased at an average cost of $2.92 per share, with a total value of $23,111.80. Following the completion of the acquisition, the insider owned 484,886 shares in the company, valued at $1,415,867.12. The trade was a 1.66% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 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 Tuesday, September 8th, Ajb Investment Fund Ii, Lp acquired 500 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, for a total transaction of $1,450.00.
• On Thursday, August 27th, Ajb Investment Fund Ii, Lp bought 2,327 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.90 per share, with a total value of $6,748.30.
• On Wednesday, August 26th, Ajb Investment Fund Ii, Lp purchased 209 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.90 per share, for a total transaction of $606.10.
• On Tuesday, August 25th, Ajb Investment Fund Ii, Lp acquired 5,991 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.90 per share, with a total value of $17,373.90.
• On Monday, August 24th, Ajb Investment Fund Ii, Lp bought 1,197 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.90 per share, for a total transaction of $3,471.30.
• On Friday, August 21st, Ajb Investment Fund Ii, Lp purchased 854 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.90 per share, with a total value of $2,476.60.
• On Thursday, August 20th, Ajb Investment Fund Ii, Lp acquired 10,043 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.90 per share, for a total transaction of $29,124.70.
• On Friday, August 14th, Ajb Investment Fund Ii, Lp acquired 519 shares of Jewett-Cameron Trading stock. The stock was bought 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 bought 15,457 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.90 per share, with a total value of $44,825.30.
• On Wednesday, August 12th, Ajb Investment Fund Ii, Lp bought 1,002 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.89 per share, for a total transaction of $2,895.78.

Jewett-Cameron Trading Stock Performance

Shares of NASDAQ JCTC traded up $0.01 during mid-day trading on Tuesday, reaching $2.94. The company had a trading volume of 1,777 shares, compared to its average volume of 25,139. The firm has a market cap of $10.33 million, a price-to-earnings ratio of -1.25 and a beta of 0.36. The business’s 50-day simple moving average is $2.77 and its 200 day simple moving average is $2.21. Jewett-Cameron Trading Company has a one year low of $1.54 and a one year high of $3.82.

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

Hedge Funds Weigh In On Jewett-Cameron Trading

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Citadel Advisors LLC acquired a new stake in Jewett-Cameron Trading in the third quarter valued at approximately $77,000. DRW Securities LLC acquired a new position in shares of Jewett-Cameron Trading during the fourth quarter worth $44,000. Finally, Susquehanna International Group LLP bought a new position in shares of Jewett-Cameron Trading in the 3rd quarter valued at $54,000. Institutional investors own 26.05% of the company’s stock.

Wall Street Analyst Weigh In

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