Insider Buying: Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Buys 10,776 Shares of Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Ajb Investment Fund Ii, Lp purchased 10,776 shares of Jewett-Cameron Trading stock in a transaction dated Monday, October 12th. The stock was bought at an average cost of $2.90 per share, with a total value of $31,250.40. Following the completion of the transaction, the insider owned 531,856 shares in the company, valued at approximately $1,542,382.40. This represents a 2.07% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% 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 Friday, October 9th, Ajb Investment Fund Ii, Lp acquired 1,034 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.91 per share, for a total transaction of $3,008.94.
• On Thursday, October 8th, Ajb Investment Fund Ii, Lp acquired 449 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.92 per share, for a total transaction of $1,311.08.
• On Monday, October 5th, Ajb Investment Fund Ii, Lp bought 14 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.93 per share, for a total transaction of $41.02.
• On Friday, October 2nd, Ajb Investment Fund Ii, Lp bought 2,377 shares of Jewett-Cameron Trading stock. The stock was bought at an average price of $2.91 per share, for a total transaction of $6,917.07.
• On Thursday, October 1st, Ajb Investment Fund Ii, Lp bought 23 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.93 per share, with a total value of $67.39.
• On Wednesday, September 30th, Ajb Investment Fund Ii, Lp bought 5,516 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.92 per share, with a total value of $16,106.72.
• On Tuesday, September 29th, Ajb Investment Fund Ii, Lp purchased 2,132 shares of Jewett-Cameron Trading stock. The shares were purchased at an average cost of $2.91 per share, with a total value of $6,204.12.
• On Monday, September 28th, Ajb Investment Fund Ii, Lp purchased 466 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.90 per share, for a total transaction of $1,351.40.
• On Friday, September 25th, Ajb Investment Fund Ii, Lp purchased 1,331 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.91 per share, for a total transaction of $3,873.21.
• On Thursday, September 24th, Ajb Investment Fund Ii, Lp purchased 5,000 shares of Jewett-Cameron Trading stock. The stock was purchased at an average price of $2.92 per share, for a total transaction of $14,600.00.

Jewett-Cameron Trading Stock Up 0.3%

Shares of Jewett-Cameron Trading stock traded up $0.01 on Tuesday, reaching $2.91. The stock had a trading volume of 4,518 shares, compared to its average volume of 23,063. The company has a 50 day moving average price of $2.94 and a 200 day moving average price of $2.42. Jewett-Cameron Trading Company has a 1 year low of $1.54 and a 1 year high of $3.49. The stock has a market capitalization of $10.24 million, a P/E ratio of -1.24 and a beta of 0.42.

Jewett-Cameron Trading (NASDAQ:JCTC) last posted its quarterly earnings data on Tuesday, July 14th. The company reported ($0.23) EPS 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%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Jewett-Cameron Trading from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Jewett-Cameron Trading currently has an average rating of “Sell”.

Jewett-Cameron Trading Company Profile

Jewett-Cameron Trading Company Ltd. (NASDAQ:JCTC) develops, manufactures and distributes products for outdoor living, animal management and related applications. Its offerings are designed for residential, agricultural, commercial and industrial customers and are sold through retail, wholesale and online distribution channels.

The company’s product portfolio includes fencing systems, gates, garden and landscaping products, tree supports, outdoor structures and animal-management products such as kennel panels and pet enclosures.