David Scott Clukey Sells 2,376 Shares of JFB Construction (NASDAQ:JFB) Stock

Key Points

• Director David Scott Clukey sold 2,376 shares of JFB on Oct. 3 at an average price of $12.62 for about $29,985, reducing his stake by 23.76% to 7,624 shares (≈$96,215).
• JFB shares recently traded at $6.49 (50‑day SMA $6.22); the company reported a quarterly EPS of -$0.12 and a negative PE of -34.16, indicating weak profitability.
• Analysts have an average rating of "Sell" (Weiss reaffirmed sell; Wall Street Zen moved to hold), even as institutions like Marshall Wace LLP and 683 Capital established new positions.

JFB Construction Holding (NASDAQ:JFB - Get Free Report) Director David Scott Clukey sold 2,376 shares of the stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $12.62, for a total transaction of $29,985.12. Following the transaction, the director owned 7,624 shares of the company's stock, valued at $96,214.88. This trade represents a 23.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

David Scott Clukey also recently made the following trade(s):

• On Thursday, January 22nd, David Scott Clukey sold 1,663 shares of JFB Construction stock. The shares were sold at an average price of $18.04, for a total transaction of $30,000.52.

JFB Construction Stock Performance

Shares of JFB Construction stock traded up $0.17 during trading on Thursday, hitting $6.49. The stock had a trading volume of 125,108 shares, compared to its average volume of 246,765. The company has a fifty day simple moving average of $6.22. The firm has a market capitalization of $92.22 million and a PE ratio of -34.16. JFB Construction Holding has a 12 month low of $1.87 and a 12 month high of $17.55.

JFB Construction (NASDAQ:JFB - Get Free Report) last released its earnings results on Tuesday, March 31st. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $12.45 million during the quarter. JFB Construction had a negative return on equity of 31.22% and a negative net margin of 14.07%.

Wall Street Analysts Forecast Growth

JFB has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of JFB Construction in a research note on Friday, March 27th. Wall Street Zen raised shares of JFB Construction from a "sell" rating to a "hold" rating in a research note on Saturday, January 10th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of "Sell".

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Marshall Wace LLP purchased a new position in JFB Construction in the 4th quarter worth about $604,000. 683 Capital Management LLC bought a new stake in shares of JFB Construction in the 4th quarter valued at about $389,000. Yorkville Advisors Global LP bought a new stake in shares of JFB Construction in the 3rd quarter valued at about $258,000. Nomura Holdings Inc. bought a new stake in shares of JFB Construction in the 3rd quarter valued at about $258,000. Finally, Geode Capital Management LLC boosted its stake in JFB Construction by 21.1% in the 4th quarter. Geode Capital Management LLC now owns 12,434 shares of the company's stock worth $182,000 after purchasing an additional 2,168 shares in the last quarter.

JFB Construction Company Profile

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. Our comprehensive suite of services encompasses everything from initial project planning and design to the final stages of construction and project management.

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