Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Ajb Investment Fund Ii, Lp Purchases 10,043 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp acquired 10,043 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was purchased at an average price of $2.90 per share, for a total transaction of $29,124.70. Following the acquisition, the insider directly owned 466,393 shares in the company, valued at $1,352,539.70. This represents a 2.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Ajb Investment Fund Ii, Lp also recently made the following trade(s):

• On Friday, August 21st, Ajb Investment Fund Ii, Lp bought 854 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.90 per share, with a total value of $2,476.60.
• On Friday, August 14th, Ajb Investment Fund Ii, Lp bought 519 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.90 per share, for a total transaction of $1,505.10.
• On Thursday, August 13th, Ajb Investment Fund Ii, Lp purchased 15,457 shares of Jewett-Cameron Trading stock. The stock was acquired at an average price of $2.90 per share, for a total transaction of $44,825.30.
• On Wednesday, August 12th, Ajb Investment Fund Ii, Lp purchased 1,002 shares of Jewett-Cameron Trading stock. The stock was acquired 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 acquired 428 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.80 per share, for a total transaction of $1,198.40.
• On Wednesday, August 5th, Ajb Investment Fund Ii, Lp bought 3,134 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.77 per share, with a total value of $8,681.18.
• On Thursday, July 30th, Ajb Investment Fund Ii, Lp purchased 3,700 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.60 per share, for a total transaction of $9,620.00.
• On Wednesday, July 29th, Ajb Investment Fund Ii, Lp bought 1,578 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.53 per share, with a total value of $3,992.34.
• On Tuesday, July 21st, Ajb Investment Fund Ii, Lp purchased 1,350 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.45 per share, with a total value of $3,307.50.
• On Friday, July 24th, Ajb Investment Fund Ii, Lp bought 1,024 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.52 per share, with a total value of $2,580.48.

Jewett-Cameron Trading Price Performance

Jewett-Cameron Trading stock opened at $2.94 on Friday. The company has a fifty day moving average price of $2.60 and a two-hundred day moving average price of $2.13. Jewett-Cameron Trading Company has a 12 month low of $1.54 and a 12 month high of $3.95. The company has a market cap of $10.35 million, a PE ratio of -1.25 and a beta of 0.34.

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

Analysts Set New Price Targets

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 research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Jewett-Cameron Trading has an average rating of “Sell”.

Institutional Investors Weigh In On Jewett-Cameron Trading

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

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.