Jason Industries Inc (JASN) Shares Sold by Essex Investment Management Co. LLC

Essex Investment Management Co. LLC lessened its holdings in shares of Jason Industries Inc (NASDAQ:JASN) by 37.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 188,647 shares of the technology company’s stock after selling 111,494 shares during the quarter. Essex Investment Management Co. LLC’s holdings in Jason Industries were worth $447,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vaughan David Investments Inc. IL increased its position in Jason Industries by 3,974.3% during the 3rd quarter. Vaughan David Investments Inc. IL now owns 407,431 shares of the technology company’s stock worth $38,914,000 after purchasing an additional 397,431 shares in the last quarter. Skylands Capital LLC increased its position in Jason Industries by 117.4% during the 4th quarter. Skylands Capital LLC now owns 336,981 shares of the technology company’s stock worth $799,000 after purchasing an additional 181,961 shares in the last quarter. Malaga Cove Capital LLC grew its position in Jason Industries by 40.3% in the third quarter. Malaga Cove Capital LLC now owns 91,600 shares of the technology company’s stock valued at $136,000 after acquiring an additional 26,300 shares in the last quarter. Finally, Terril Brothers Inc. grew its position in Jason Industries by 9.5% in the fourth quarter. Terril Brothers Inc. now owns 268,444 shares of the technology company’s stock valued at $636,000 after acquiring an additional 23,262 shares in the last quarter. 36.22% of the stock is owned by hedge funds and other institutional investors.

Shares of Jason Industries Inc (JASN) opened at $2.18 on Friday. The company has a quick ratio of 1.34, a current ratio of 2.00 and a debt-to-equity ratio of -8.26. Jason Industries Inc has a 1 year low of $0.77 and a 1 year high of $2.92.

JASN has been the subject of several recent research reports. Roth Capital initiated coverage on shares of Jason Industries in a research report on Thursday, January 4th. They issued a “buy” rating and a $4.50 price objective for the company. ValuEngine raised shares of Jason Industries from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st.

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Jason Industries Profile

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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Institutional Ownership by Quarter for Jason Industries (NASDAQ:JASN)

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