Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Purchases $41,650.00 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Melinda Hodges Bradley purchased 17,500 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was bought at an average price of $2.38 per share, for a total transaction of $41,650.00. Following the completion of the acquisition, the insider directly owned 371,007 shares in the company, valued at approximately $882,996.66. This trade represents a 4.95% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Melinda Hodges Bradley also recently made the following trade(s):

• On Monday, June 29th, Melinda Hodges Bradley acquired 201 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.28 per share, for a total transaction of $458.28.
• On Friday, June 26th, Melinda Hodges Bradley bought 82 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.21 per share, for a total transaction of $181.22.

Jewett-Cameron Trading Stock Performance

Jewett-Cameron Trading stock traded up $0.07 during trading hours on Wednesday, reaching $2.49. The stock had a trading volume of 41,303 shares, compared to its average volume of 21,749. The business’s 50 day moving average price is $2.07 and its 200-day moving average price is $1.99. Jewett-Cameron Trading Company has a 52 week low of $1.54 and a 52 week high of $4.02.

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

Analysts Set New Price Targets

Separately, Weiss Ratings cut Jewett-Cameron Trading from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, June 15th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Institutional Trading of Jewett-Cameron Trading

Institutional investors and hedge funds have recently made changes to their positions in the business. Citadel Advisors LLC purchased a new position in Jewett-Cameron Trading in the 3rd quarter valued at about $77,000. DRW Securities LLC acquired a new position in shares of Jewett-Cameron Trading during the fourth quarter valued at approximately $44,000. Finally, Susquehanna International Group LLP purchased a new position in shares of Jewett-Cameron Trading in the third quarter valued at approximately $54,000. 26.05% of the stock is currently 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.