Adam Bradley, Melinda Bradley, and entities under their control have recently increased their holdings in Jewett Cameron Trading Co Ltd (NASDAQ: JCTC) through a series of open market transactions. The cumulative value of these acquisitions stands at $42,289, executed between June 26 and June 30, 2026. During this period, the share price for JCTC fluctuated between $2.21 and $2.38. Following these transactions, the stock price has advanced to $2.49, representing a 20% gain over the past week. Market analysis suggests that JCTC may be trading below its fair value, indicating potential upside for investors.
The total acquisition volume comprised 17,800 shares of the lumber and building materials dealer. Melinda Bradley's individual retirement account was active in three separate transactions, acquiring a total of 5,283 shares. On June 26, 82 shares were purchased at $2.21 per share. Subsequently, on June 29, 201 shares were bought at $2.28 per share. The final transaction in her IRA occurred on June 30, with 5,000 shares acquired at $2.38 per share. Adam Bradley and Melinda Bradley share both voting and dispositive power over these securities.
Separately, AJB Investment Fund II, LP, an entity managed by AJB Capital, LLC, acquired 12,500 shares on June 30 at a price of $2.38 per share. As managing members of AJB Capital, Adam and Melinda Bradley also share voting and dispositive power over these shares. The insider buying activity comes as the company, which has a market capitalization of approximately $8.4 million, grapples with profitability issues. Over the last twelve months, the company has reported a loss of $2.31 per share.
Following these recent transactions, the aggregate beneficial ownership of the reporting persons stands at 371,007 shares. This total includes 300,186 shares held by AJB Investment Fund II, LP; 20,700 shares held directly by Adam J. Bradley; 37,536 shares held in Melinda Bradley's individual retirement account; and 12,585 shares held in accounts owned by the adult children of Adam J. Bradley and Melinda Bradley, over which Adam J. Bradley exercises investment discretion. Adam J. Bradley may be deemed to beneficially own all 371,007 shares reported, by virtue of his direct ownership, his control of AJB Capital, and his investment discretion over certain accounts. Melinda Bradley may be deemed to beneficially own 337,722 shares, comprising the shares held by AJB Investment Fund II, LP and those in her individual retirement account. Each reporting person disclaims beneficial ownership of the reported securities except to the extent of their pecuniary interest.
In other recent news, Jewett-Cameron Trading Company reported an 11% increase in revenue for the second quarter of fiscal year 2026, reaching $9.1 million, up from $8.2 million in the same period last year. Despite this revenue growth, the company faced a net loss of $0.6 million, or $0.16 per share, compared to a net income of $0.5 million, or $0.15 per share, in the second quarter of fiscal year 2025. These financial results indicate a shift in the company's profitability despite the positive revenue trend. There were no changes in the stock price in aftermarket trading, maintaining a close at $1.7. Investors might find these developments significant as they assess the company's financial health and future prospects. Analyst opinions on Jewett-Cameron Trading Company have not been disclosed in the latest updates. The focus remains on the company's ability to manage revenue growth alongside profitability challenges.