Community Foundation Oregon Sells 18,267 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 18,267 shares of Jewett-Cameron Trading stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $2.50, for a total transaction of $45,667.50. Following the completion of the sale, the insider directly owned 745,267 shares in the company, valued at $1,863,167.50. This represents a 2.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s shares 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 stock was 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.

Jewett-Cameron Trading Stock Up 4.4%

JCTC opened at $2.59 on Friday. The company has a market cap of $9.12 million, a price-to-earnings ratio of -1.13 and a beta of 0.36. Jewett-Cameron Trading Company has a 52-week low of $1.54 and a 52-week high of $4.02. The firm’s fifty day simple moving average is $2.14 and its two-hundred day simple moving average is $2.00.

Jewett-Cameron Trading (NASDAQ:JCTC) last released its earnings results 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 company had revenue of $10.54 million for the quarter.

Institutional Investors Weigh In On Jewett-Cameron Trading

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

Analysts Set New Price Targets

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

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.