Insider Buying: Jewett-Cameron Trading (NASDAQ:JCTC) Major Shareholder Buys $11,440.50 in Stock

by · The Markets Daily

Jewett-Cameron Trading Company (NASDAQ:JCTC – Get Free Report) major shareholder Ajb Investment Fund Ii, Lp purchased 3,945 shares of the business’s stock in a transaction dated Tuesday, October 20th. The shares were purchased at an average price of $2.90 per share, with a total value of $11,440.50. Following the acquisition, the insider directly owned 543,799 shares in the company, valued at approximately $1,577,017.10. The trade was a 0.73% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own more than 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 Monday, October 19th, Ajb Investment Fund Ii, Lp acquired 1,224 shares of Jewett-Cameron Trading stock. The shares were acquired at an average cost of $2.90 per share, with a total value of $3,549.60.
  • On Friday, October 16th, Ajb Investment Fund Ii, Lp bought 2,136 shares of Jewett-Cameron Trading stock. The shares were bought at an average cost of $2.90 per share, with a total value of $6,194.40.
  • On Thursday, October 15th, Ajb Investment Fund Ii, Lp purchased 2,782 shares of Jewett-Cameron Trading stock. The shares were bought at an average price of $2.90 per share, with a total value of $8,067.80.
  • On Wednesday, October 14th, Ajb Investment Fund Ii, Lp purchased 973 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.90 per share, for a total transaction of $2,821.70.
  • On Tuesday, October 13th, Ajb Investment Fund Ii, Lp purchased 883 shares of Jewett-Cameron Trading stock. The stock was bought at an average cost of $2.90 per share, for a total transaction of $2,560.70.
  • On Monday, October 12th, Ajb Investment Fund Ii, Lp purchased 10,776 shares of Jewett-Cameron Trading stock. The shares were purchased at an average price of $2.90 per share, for a total transaction of $31,250.40.
  • On Friday, October 9th, Ajb Investment Fund Ii, Lp bought 1,034 shares of Jewett-Cameron Trading stock. The shares were purchased 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 purchased 449 shares of Jewett-Cameron Trading stock. The shares were acquired 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 shares were acquired 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, with a total value of $6,917.07.

Jewett-Cameron Trading Stock Performance

Shares of JCTC traded down $0.03 during midday trading on Tuesday, hitting $2.90. The company had a trading volume of 5,025 shares, compared to its average volume of 22,646. Jewett-Cameron Trading Company has a 1 year low of $1.54 and a 1 year high of $3.40. The firm has a market capitalization of $10.21 million, a P/E ratio of -1.23 and a beta of 0.42. The company’s 50-day simple moving average is $2.94 and its 200-day simple moving average is $2.46.

Analyst Upgrades and Downgrades

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 equities research analyst has rated the stock with a Sell rating. According to MarketBeat, Jewett-Cameron Trading currently has a consensus rating of “Sell”.

Read Our Latest Analysis on JCTC

About Jewett-Cameron Trading

(Get Free Report)

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.

Read More