Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Ajb Investment Fund Ii, Lp Buys 5,991 Shares

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp acquired 5,991 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The stock was bought at an average price of $2.90 per share, for a total transaction of $17,373.90. Following the completion of the acquisition, the insider owned 474,435 shares in the company, valued at approximately $1,375,861.50. The trade was a 1.28% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

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

• On Monday, August 24th, Ajb Investment Fund Ii, Lp bought 1,197 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, for a total transaction of $3,471.30.
• On Friday, August 21st, Ajb Investment Fund Ii, Lp purchased 854 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, with a total value of $2,476.60.
• On Thursday, August 20th, Ajb Investment Fund Ii, Lp acquired 10,043 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, with a total value of $29,124.70.
• On Friday, August 14th, Ajb Investment Fund Ii, Lp bought 519 shares of Jewett-Cameron Trading stock. The shares were purchased 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 bought 15,457 shares of Jewett-Cameron Trading stock. The stock was purchased at an average cost of $2.90 per share, with a total value of $44,825.30.
• On Wednesday, August 12th, Ajb Investment Fund Ii, Lp purchased 1,002 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.89 per share, for a total transaction of $2,895.78.
• On Thursday, August 6th, Ajb Investment Fund Ii, Lp acquired 428 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.80 per share, with a total value 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 cost of $2.77 per share, for a total transaction of $8,681.18.
• On Thursday, July 30th, Ajb Investment Fund Ii, Lp bought 3,700 shares of Jewett-Cameron Trading stock. The shares were acquired at an average price of $2.60 per share, for a total transaction of $9,620.00.
• On Wednesday, July 29th, Ajb Investment Fund Ii, Lp purchased 1,578 shares of Jewett-Cameron Trading stock. The stock was acquired at an average cost of $2.53 per share, with a total value of $3,992.34.

Jewett-Cameron Trading Trading Up 1.4%

Jewett-Cameron Trading stock opened at $2.95 on Wednesday. The firm has a market capitalization of $10.38 million, a P/E ratio of -1.26 and a beta of 0.34. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $3.84. The stock’s fifty day simple moving average is $2.63 and its 200-day simple moving average is $2.15.

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

Institutional Inflows and Outflows

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Jewett-Cameron Trading presently has an average 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.