Community Foundation Oregon Sells 176,006 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 176,006 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $1.85, for a total transaction of $325,611.10. Following the completion of the transaction, the insider owned 562,528 shares in the company, valued at $1,040,676.80. The trade was a 23.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Thursday, July 9th, Community Foundation Oregon sold 5,282 shares of Jewett-Cameron Trading stock. The shares were sold at an average price of $2.59, for a total transaction of $13,680.38.
• On Wednesday, July 8th, Community Foundation Oregon sold 1,451 shares of Jewett-Cameron Trading stock. The stock was 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 shares were sold at an average price of $2.50, for a total transaction of $45,667.50.

Jewett-Cameron Trading Trading Down 1.6%

JCTC traded down $0.05 during trading hours on Monday, reaching $3.09. The company’s stock had a trading volume of 11,973 shares, compared to its average volume of 17,830. Jewett-Cameron Trading Company has a fifty-two week low of $1.54 and a fifty-two week high of $4.02. The business’s 50-day moving average is $2.42 and its 200-day moving average is $2.07.

Jewett-Cameron Trading (NASDAQ:JCTC) last posted its earnings results 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 business had revenue of $9.85 million for the quarter.

Institutional Trading of Jewett-Cameron Trading

Several institutional investors have recently added to or reduced their stakes in JCTC. Citadel Advisors LLC purchased a new position in shares of Jewett-Cameron Trading during the third quarter worth $77,000. Susquehanna International Group LLP purchased a new stake in shares of Jewett-Cameron Trading in the 3rd quarter valued at $54,000. Finally, DRW Securities LLC acquired a new position in Jewett-Cameron Trading during the 4th quarter worth about $44,000. Institutional investors and hedge funds own 26.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of 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 presently 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.