In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Jewett Cameron Trading Co Ltd. (NASDAQ:JCTCF) reported that Comprehensive Financial Planning Inc. has picked up 200,100 of common stock as of 2017-01-20.
The acquisition brings the aggregate amount owned by Comprehensive Financial Planning Inc. to a total of 200,100 representing a 8.8% stake in the company.
For those not familiar with the company, Jewett-Cameron Trading Company Ltd. is a holding company for JC USA Inc. The Company operates through four segments, which include Industrial wood products; Lawn, garden, pet and other; Seed processing and sales, and Industrial tools and clamps. The Company’s Industrial wood products segment reflects the business conducted by Greenwood Products, Inc., which is a processor and distributor of industrial wood products. The Company’s Lawn, garden, pet and other segment reflects the business of Jewett-Cameron Company, which is a wholesaler of wood products and a manufacturer and distributor of specialty metal products. The Company’s Seed processing and sales segment reflects the business of Jewett-Cameron Seed Company, which processes and distributes agricultural seed.
A glance at Jewett Cameron Trading Co Ltd. (NASDAQ:JCTCF)’s key stats reveals a current market capitalization of 28.75 million based on 2.29 million shares outstanding and a price at last close of $12.64 per share.
Looking at insider activity, there are a few transactions worth noting.
On the sell side, the most recent transaction saw Boone unload 7,189 shares at a sale price of $13.00. This brings their total holding to 741,490.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Jewett Cameron Trading Co Ltd. (NASDAQ:JCTCF) as things move forward to see if its progress aligns with these transactions.
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