Janus International Group, Inc. (NYSE:JBI) Shares Sold by Oppenheimer Asset Management Inc.

Posted by Defense World Staff on May 6th, 2023

Oppenheimer Asset Management Inc. reduced its position in shares of Janus International Group, Inc. (NYSE:JBI – Get Rating) by 15.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,284 shares of the company’s stock after selling 15,539 shares during the period. Oppenheimer Asset Management Inc. owned about 0.06% of Janus International Group worth $793,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Ensign Peak Advisors Inc bought a new stake in shares of Janus International Group in the third quarter worth $30,000. Quantbot Technologies LP bought a new stake in shares of Janus International Group in the first quarter worth $46,000. Castleview Partners LLC bought a new stake in shares of Janus International Group in the fourth quarter worth $59,000. Tower Research Capital LLC TRC increased its stake in shares of Janus International Group by 211.3% in the third quarter. Tower Research Capital LLC TRC now owns 9,227 shares of the company’s stock worth $82,000 after buying an additional 6,263 shares during the last quarter. Finally, Quantamental Technologies LLC bought a new stake in shares of Janus International Group in the third quarter worth $92,000. 87.45% of the stock is owned by institutional investors and hedge funds.

Janus International Group Stock Up 4.0 %

JBI stock opened at $9.30 on Friday. The company has a debt-to-equity ratio of 1.86, a current ratio of 2.38 and a quick ratio of 1.94. Janus International Group, Inc. has a 1-year low of $7.95 and a 1-year high of $12.24. The firm has a fifty day moving average price of $9.72 and a two-hundred day moving average price of $9.96. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 12.74 and a beta of 0.77.

Analyst Ratings Changes

Separately, Morgan Stanley dropped their price target on shares of Janus International Group from $12.00 to $11.00 and set an “equal weight” rating for the company in a research note on Friday, January 6th.

Janus International Group Profile

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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. It offers roll up and swing doors, hallway systems, relocatable storage units, and facility and door automation technologies.