Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Community Foundation Oregon Sells 5,282 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 5,282 shares of the stock in a transaction that occurred on Thursday, July 9th. The shares were sold at an average price of $2.59, for a total transaction of $13,680.38. Following the transaction, the insider owned 738,534 shares in the company, valued at approximately $1,912,803.06. This represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Major shareholders that own at least 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 Wednesday, July 8th, Community Foundation Oregon sold 1,451 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.51, for a total transaction of $3,642.01.
• On Tuesday, July 7th, Community Foundation Oregon sold 18,267 shares of Jewett-Cameron Trading stock. The stock was sold at an average price of $2.50, for a total transaction of $45,667.50.

Jewett-Cameron Trading Stock Performance

Jewett-Cameron Trading stock traded up $0.11 during mid-day trading on Thursday, reaching $2.59. 38,834 shares of the company were exchanged, compared to its average volume of 26,552. The business has a fifty day moving average of $2.13 and a 200 day moving average of $2.00. The firm has a market cap of $9.12 million, a P/E ratio of -1.13 and a beta of 0.36. Jewett-Cameron Trading Company has a 12-month low of $1.54 and a 12-month high of $4.02.

Jewett-Cameron Trading (NASDAQ:JCTC) last announced its earnings results on Monday, April 13th. The company reported ($0.35) earnings per share (EPS) for the quarter. The company had revenue of $10.54 million for the quarter. Jewett-Cameron Trading had a negative net margin of 19.19% and a negative return on equity of 33.33%.

Hedge Funds Weigh In On Jewett-Cameron Trading

Several institutional investors and hedge funds have recently bought and sold shares of JCTC. Citadel Advisors LLC acquired a new position in shares of Jewett-Cameron Trading during the third quarter worth $77,000. DRW Securities LLC acquired a new stake in shares of Jewett-Cameron Trading in the 4th quarter worth $44,000. Finally, Susquehanna International Group LLP purchased a new position in Jewett-Cameron Trading during the 3rd quarter worth $54,000. 26.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average 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.