Senvest Management LLC Decreases Position in Janus International Group, Inc. (NYSE:JBI)

Senvest Management LLC cut its holdings in shares of Janus International Group, Inc. (NYSE:JBI - Free Report) by 6.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,798,747 shares of the company's stock after selling 389,616 shares during the period. Janus International Group makes up approximately 2.9% of Senvest Management LLC's investment portfolio, making the stock its 15th largest holding. Senvest Management LLC owned 3.95% of Janus International Group worth $75,674,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. PEAK6 Investments LLC bought a new stake in shares of Janus International Group in the third quarter valued at about $119,000. Wellington Management Group LLP bought a new stake in shares of Janus International Group in the third quarter valued at about $26,096,000. Legato Capital Management LLC lifted its holdings in shares of Janus International Group by 54.9% in the fourth quarter. Legato Capital Management LLC now owns 304,484 shares of the company's stock valued at $3,974,000 after purchasing an additional 107,935 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Janus International Group by 8.8% in the fourth quarter. DAVENPORT & Co LLC now owns 2,901,725 shares of the company's stock valued at $38,012,000 after purchasing an additional 233,654 shares in the last quarter. Finally, Graham Capital Management L.P. lifted its holdings in shares of Janus International Group by 405.9% in the third quarter. Graham Capital Management L.P. now owns 110,600 shares of the company's stock valued at $1,183,000 after purchasing an additional 88,739 shares in the last quarter. 88.78% of the stock is currently owned by institutional investors.

Janus International Group Stock Performance

NYSE JBI traded up $0.03 during trading on Friday, reaching $14.54. 817,314 shares of the company's stock were exchanged, compared to its average volume of 1,092,150. The business has a 50 day moving average price of $14.81 and a 200-day moving average price of $12.57. The stock has a market capitalization of $2.14 billion, a P/E ratio of 15.80 and a beta of 0.94. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.66 and a quick ratio of 2.38. Janus International Group, Inc. has a fifty-two week low of $8.66 and a fifty-two week high of $15.86.

Janus International Group (NYSE:JBI - Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). The firm had revenue of $263.70 million during the quarter, compared to analyst estimates of $284.01 million. Janus International Group had a net margin of 12.73% and a return on equity of 30.00%. Janus International Group's revenue for the quarter was down 5.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.22 EPS. Sell-side analysts forecast that Janus International Group, Inc. will post 1.02 earnings per share for the current fiscal year.

Insider Activity at Janus International Group

In related news, EVP Morgan Hodges sold 110,605 shares of the business's stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $13.99, for a total value of $1,547,363.95. Following the completion of the sale, the executive vice president now directly owns 298,685 shares in the company, valued at $4,178,603.15. The sale was disclosed in a filing with the SEC, which is available at this link. In other Janus International Group news, VP Norman V. Nettie sold 55,271 shares of the company's stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $13.99, for a total transaction of $773,241.29. Following the completion of the sale, the vice president now directly owns 410,515 shares in the company, valued at $5,743,104.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Morgan Hodges sold 110,605 shares of the company's stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $13.99, for a total value of $1,547,363.95. Following the sale, the executive vice president now owns 298,685 shares of the company's stock, valued at $4,178,603.15. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 638,841 shares of company stock worth $9,331,976. Company insiders own 42.90% of the company's stock.

Analysts Set New Price Targets

JBI has been the topic of a number of recent research reports. TheStreet raised Janus International Group from a "c+" rating to a "b-" rating in a research report on Thursday, January 4th. Benchmark lowered their target price on Janus International Group from $22.00 to $21.00 and set a "buy" rating on the stock in a research report on Friday, March 1st. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Janus International Group currently has an average rating of "Moderate Buy" and an average price target of $15.38.

Janus International Group Profile

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.