Jewett-Cameron Stock Jumps 18%, Lifting Insider Stakes to $404,500
Updated
Updated · Simply Wall St · Aug 8
Jewett-Cameron Stock Jumps 18%, Lifting Insider Stakes to $404,500
1 articles · Updated · Simply Wall St · Aug 8
Summary
Jewett-Cameron added about US$1.7 million in market value last week, turning insiders’ US$281,400 of purchases over the past year into holdings worth roughly US$404,500.
Two insiders bought shares in the last quarter and none sold, extending a 12-month pattern of net buying that points to management confidence despite the recent rally.
Mindy Bradley made the largest single purchase—about US$91,000 at US$2.20 a share—well below the recent US$3.14 price, suggesting insiders saw value at lower levels.
Insiders still own only about US$389,000 of stock, or 3.9% of the company, while the company posted a loss over the last year and carries two identified warning signs.