Community Foundation Oregon Sells 5,282 Shares of Jewett-Cameron Trading (NASDAQ:JCTC) Stock

Jewett-Cameron Trading Company (NASDAQ:JCTC) major shareholder Community Foundation Oregon sold 5,282 shares of the business’s stock in a transaction that occurred on Thursday, July 9th. The stock was sold at an average price of $2.59, for a total value of $13,680.38. Following the completion of the sale, the insider owned 738,534 shares of the company’s stock, valued at approximately $1,912,803.06. This trade represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Community Foundation Oregon also recently made the following trade(s):

• On Wednesday, July 8th, Community Foundation Oregon sold 1,451 shares of Jewett-Cameron Trading stock. The shares were 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 transaction of $45,667.50.

Jewett-Cameron Trading Stock Down 2.7%

Shares of NASDAQ:JCTC opened at $2.52 on Friday. Jewett-Cameron Trading Company has a twelve month low of $1.54 and a twelve month high of $4.02. The business has a 50 day moving average price of $2.15 and a 200 day moving average price of $2.01. The company has a market cap of $8.87 million, a price-to-earnings ratio of -1.10 and a beta of 0.36.

Jewett-Cameron Trading (NASDAQ:JCTC) last announced its quarterly earnings results on Monday, April 13th. The company reported ($0.35) earnings per share (EPS) for the quarter. The business had revenue of $10.54 million during the quarter. Jewett-Cameron Trading had a negative return on equity of 33.33% and a negative net margin of 19.19%.

Analyst Ratings Changes

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

Institutional Investors Weigh In On Jewett-Cameron Trading

Several hedge funds have recently added to or reduced their stakes in JCTC. Susquehanna International Group LLP bought a new position in shares of Jewett-Cameron Trading in the third quarter valued at about $54,000. DRW Securities LLC acquired a new position in Jewett-Cameron Trading in the 4th quarter valued at about $44,000. Finally, Citadel Advisors LLC bought a new position in Jewett-Cameron Trading in the 3rd quarter valued at about $77,000. Institutional investors and hedge funds own 26.05% of the company’s stock.

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.