Victory Capital Management Inc. Has $4.94 Million Stake in Janus International Group, Inc. (NYSE:JBI)

Victory Capital Management Inc. grew its position in shares of Janus International Group, Inc. (NYSE:JBIFree Report) by 1,335.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 461,507 shares of the company’s stock after buying an additional 429,366 shares during the quarter. Victory Capital Management Inc.’s holdings in Janus International Group were worth $4,938,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. bought a new stake in shares of Janus International Group during the third quarter valued at approximately $28,000. Parkside Financial Bank & Trust acquired a new position in Janus International Group in the second quarter valued at approximately $28,000. Ensign Peak Advisors Inc acquired a new position in Janus International Group in the third quarter valued at approximately $30,000. Gyon Technologies Capital Management LP acquired a new position in Janus International Group in the fourth quarter valued at approximately $35,000. Finally, Point72 Middle East FZE acquired a new position in Janus International Group in the second quarter valued at approximately $41,000. 88.16% of the stock is owned by institutional investors.

Insider Buying and Selling at Janus International Group

In other news, EVP Morgan Hodges sold 150,000 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $11.76, for a total transaction of $1,764,000.00. Following the transaction, the executive vice president now directly owns 353,865 shares in the company, valued at approximately $4,161,452.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, VP Norman V. Nettie sold 90,000 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $11.76, for a total value of $1,058,400.00. Following the transaction, the vice president now owns 465,786 shares in the company, valued at approximately $5,477,643.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Morgan Hodges sold 150,000 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $11.76, for a total transaction of $1,764,000.00. Following the completion of the transaction, the executive vice president now owns 353,865 shares in the company, valued at approximately $4,161,452.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 813,841 shares of company stock worth $10,199,076. Insiders own 42.90% of the company’s stock.

Wall Street Analyst Weigh In

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

View Our Latest Research Report on JBI

Janus International Group Trading Up 1.0 %

Shares of NYSE:JBI opened at $14.64 on Thursday. Janus International Group, Inc. has a 12 month low of $8.66 and a 12 month high of $14.78. The company has a quick ratio of 2.14, a current ratio of 2.47 and a debt-to-equity ratio of 1.27. The company’s fifty day simple moving average is $13.01 and its 200 day simple moving average is $11.49. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 16.26 and a beta of 0.95.

Janus International Group (NYSE:JBIGet Free Report) last issued its quarterly earnings results on Monday, November 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. Janus International Group had a net margin of 12.26% and a return on equity of 31.81%. The firm had revenue of $280.10 million for the quarter, compared to analyst estimates of $276.58 million. As a group, research analysts forecast that Janus International Group, Inc. will post 0.95 EPS for the current fiscal year.

Janus International Group Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding JBI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Janus International Group, Inc. (NYSE:JBIFree Report).

Institutional Ownership by Quarter for Janus International Group (NYSE:JBI)

Receive News & Ratings for Janus International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Janus International Group and related companies with MarketBeat.com's FREE daily email newsletter.