Jason Industries Inc (NASDAQ:JASN) major shareholder Wynnefield Partners Small Cap purchased 20,000 shares of the business’s stock in a transaction dated Thursday, November 29th. The shares were purchased at an average cost of $1.98 per share, for a total transaction of $39,600.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Wynnefield Partners Small Cap also recently made the following trade(s):

  • On Monday, November 26th, Wynnefield Partners Small Cap purchased 12,000 shares of Jason Industries stock. The shares were purchased at an average cost of $1.98 per share, for a total transaction of $23,760.00.
  • On Wednesday, September 12th, Wynnefield Partners Small Cap purchased 141,000 shares of Jason Industries stock. The shares were purchased at an average cost of $2.70 per share, for a total transaction of $380,700.00.

NASDAQ:JASN traded down $0.10 during mid-day trading on Thursday, hitting $1.75. The company had a trading volume of 40,565 shares, compared to its average volume of 107,446. Jason Industries Inc has a fifty-two week low of $1.75 and a fifty-two week high of $3.88. The firm has a market capitalization of $50.68 million, a price-to-earnings ratio of 175.00 and a beta of 0.59.

Jason Industries (NASDAQ:JASN) last released its earnings results on Tuesday, October 30th. The technology company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.07). Jason Industries had a negative net margin of 0.73% and a negative return on equity of 1.05%. The company had revenue of $145.30 million during the quarter, compared to analyst estimates of $142.50 million. As a group, sell-side analysts expect that Jason Industries Inc will post -0.27 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC lifted its stake in Jason Industries by 19.3% in the third quarter. Renaissance Technologies LLC now owns 1,036,916 shares of the technology company’s stock valued at $3,494,000 after buying an additional 167,400 shares during the period. Manatuck Hill Partners LLC lifted its stake in Jason Industries by 3,571.6% in the third quarter. Manatuck Hill Partners LLC now owns 734,329 shares of the technology company’s stock valued at $2,475,000 after buying an additional 714,329 shares during the period. Skylands Capital LLC lifted its stake in Jason Industries by 20.5% in the third quarter. Skylands Capital LLC now owns 539,500 shares of the technology company’s stock valued at $1,818,000 after buying an additional 91,681 shares during the period. Essex Investment Management Co. LLC lifted its stake in Jason Industries by 42.4% in the third quarter. Essex Investment Management Co. LLC now owns 243,849 shares of the technology company’s stock valued at $822,000 after buying an additional 72,578 shares during the period. Finally, Millennium Management LLC lifted its stake in Jason Industries by 45.5% in the first quarter. Millennium Management LLC now owns 77,373 shares of the technology company’s stock valued at $241,000 after buying an additional 24,198 shares during the period. 38.13% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently issued reports on JASN shares. Zacks Investment Research lowered Jason Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 4th. ValuEngine lowered Jason Industries from a “buy” rating to a “hold” rating in a research note on Monday, October 22nd.

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About Jason Industries

Jason Industries is the parent company to a global family of manufacturing leaders within the seating, finishing, components and automotive acoustics markets, including Assembled Products (Buffalo Grove, Ill.), Janesville Acoustics (Southfield, Mich.), Metalex (Libertyville, Ill.), Milsco (Milwaukee, Wis.), Osborn (Richmond, Indiana and Burgwald, Germany) and Sealeze (Richmond, Va.).

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Insider Buying and Selling by Quarter for Jason Industries (NASDAQ:JASN)

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