Janus International Group (NYSE:JBI) Hits New 52-Week High at $14.89

Janus International Group, Inc. (NYSE:JBIGet Free Report)’s stock price hit a new 52-week high on Thursday . The company traded as high as $14.89 and last traded at $14.81, with a volume of 162026 shares. The stock had previously closed at $14.64.

Analyst Upgrades and Downgrades

JBI has been the topic of a number of research reports. Benchmark raised their price target on Janus International Group from $17.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, January 2nd. TheStreet raised Janus International Group from a “c+” rating to a “b-” rating in a report on Thursday, January 4th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Janus International Group currently has a consensus rating of “Moderate Buy” and an average price target of $15.63.

Check Out Our Latest Report on JBI

Janus International Group Stock Performance

The company has a market cap of $2.22 billion, a P/E ratio of 16.82 and a beta of 0.95. The company’s fifty day moving average is $13.19 and its 200 day moving average is $11.54. The company has a current ratio of 2.47, a quick ratio of 2.14 and a debt-to-equity ratio of 1.27.

Insider Buying and Selling at Janus International Group

In related news, CEO Ramey Pierce Jackson sold 275,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $11.76, for a total transaction of $3,234,000.00. Following the transaction, the chief executive officer now directly owns 200,000 shares in the company, valued at approximately $2,352,000. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Ramey Pierce Jackson sold 275,000 shares of the company’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $11.76, for a total transaction of $3,234,000.00. Following the completion of the sale, the chief executive officer now directly owns 200,000 shares in the company, valued at approximately $2,352,000. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Norman V. Nettie sold 90,000 shares of the firm’s stock in a transaction on Friday, December 15th. The stock was sold at an average price of $11.76, for a total transaction of $1,058,400.00. Following the completion of the sale, the vice president now directly owns 465,786 shares in the company, valued at approximately $5,477,643.36. The disclosure for this sale can be found here. Insiders sold a total of 813,841 shares of company stock worth $10,199,076 over the last three months. Company insiders own 42.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Financial Management Professionals Inc. purchased a new position in Janus International Group during the 3rd quarter valued at $28,000. Parkside Financial Bank & Trust bought a new stake in shares of Janus International Group during the 2nd quarter valued at about $28,000. Ensign Peak Advisors Inc purchased a new position in shares of Janus International Group during the third quarter valued at about $30,000. Comerica Bank bought a new position in Janus International Group in the third quarter worth about $35,000. Finally, Gyon Technologies Capital Management LP bought a new position in Janus International Group in the fourth quarter worth about $35,000. Hedge funds and other institutional investors own 88.16% of the company’s stock.

About Janus International Group

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Janus International Group, Inc manufacturers, supplies, and provides 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.

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