Key Points
- CEO Joseph Frank Basile III purchased 5,900 shares on Dec. 8 at $16.79 each for $99,061, increasing his direct holdings to 430,900 shares (a 1.39% rise) valued at roughly $7.23M.
- JFB trades in a one-year range of $3.39–$22.45, has a market cap of $181.1M and a negative P/E of -51.51; last quarter EPS was -$0.11 with a negative return on equity (31.22%) and a net margin of -14.07%.
- Analyst sentiment is mostly bearish (average "Sell") despite a recent upgrade to "Hold" from one shop, while Nomura initiated a new position of about 20,000 shares (~0.21% ownership).
JFB Construction Holding (NASDAQ:JFB - Get Free Report) CEO Joseph Frank Basile III acquired 5,900 shares of the company's stock in a transaction dated Monday, December 8th. The shares were bought at an average price of $16.79 per share, for a total transaction of $99,061.00. Following the acquisition, the chief executive officer directly owned 430,900 shares of the company's stock, valued at approximately $7,234,811. This trade represents a 1.39% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.
JFB Construction Stock Performance
Shares of JFB opened at $19.06 on Wednesday. JFB Construction Holding has a one year low of $3.39 and a one year high of $22.45. The firm has a market cap of $181.07 million and a P/E ratio of -51.51. The company has a 50-day moving average price of $16.64.
JFB Construction (NASDAQ:JFB - Get Free Report) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.11) earnings per share (EPS) for the quarter. JFB Construction had a negative return on equity of 31.22% and a negative net margin of 14.07%.The firm had revenue of $4.98 million during the quarter.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of JFB Construction in a research note on Monday. Wall Street Zen raised shares of JFB Construction from a "sell" rating to a "hold" rating in a research report on Saturday, November 22nd. One analyst has rated the stock with a Sell rating, According to MarketBeat, JFB Construction presently has an average rating of "Sell".
View Our Latest Analysis on JFB
Institutional Investors Weigh In On JFB Construction
An institutional investor recently bought a new position in JFB Construction stock. Nomura Holdings Inc. purchased a new position in JFB Construction Holding (NASDAQ:JFB - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 20,000 shares of the company's stock, valued at approximately $258,000. Nomura Holdings Inc. owned about 0.21% of JFB Construction as of its most recent filing with the Securities and Exchange Commission.
About JFB Construction
(
Get Free Report)
JFB is a commercial and residential real estate construction and development company. The Company's management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
