Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Sells $325,611.10 in Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 176,006 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $1.85, for a total value of $325,611.10. Following the completion of the transaction, the insider directly 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 sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases 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 value 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 value 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 value of $45,667.50.

Jewett-Cameron Trading Stock Down 2.0%

NASDAQ:JCTC opened at $2.92 on Thursday. Jewett-Cameron Trading Company has a 12 month low of $1.54 and a 12 month high of $3.95. The firm has a market cap of $10.28 million, a price-to-earnings ratio of -1.24 and a beta of 0.34. The company’s 50 day moving average is $2.46 and its 200-day moving average is $2.08.

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

Institutional Trading of Jewett-Cameron Trading

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

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 Wednesday, August 5th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock 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.