Jamba, Inc. (NASDAQ:JMBA) Director Glenn W. Welling bought 9,716 shares of the stock in a transaction dated Tuesday, February 7th. The shares were acquired at an average price of $9.54 per share, for a total transaction of $92,690.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Glenn W. Welling also recently made the following trade(s):
Jamba, Inc. (NASDAQ:JMBA) traded down 0.21% during trading on Wednesday, reaching $9.48. 37,917 shares of the company were exchanged. The firm’s 50 day moving average is $9.80 and its 200 day moving average is $10.41. The stock’s market capitalization is $145.32 million. Jamba, Inc. has a 52-week low of $9.08 and a 52-week high of $13.82.
Institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. acquired a new position in shares of Jamba during the fourth quarter worth about $191,000. First Foundation Advisors acquired a new position in shares of Jamba during the second quarter worth about $478,000. Numeric Investors LLC raised its position in shares of Jamba by 184.5% in the second quarter. Numeric Investors LLC now owns 102,722 shares of the company’s stock worth $1,057,000 after buying an additional 66,622 shares during the last quarter. Finally, Private Capital Management LLC raised its position in shares of Jamba by 19.6% in the third quarter. Private Capital Management LLC now owns 764,178 shares of the company’s stock worth $8,345,000 after buying an additional 125,223 shares during the last quarter. 94.44% of the stock is currently owned by institutional investors.
A number of brokerages have recently issued reports on JMBA. Zacks Investment Research upgraded shares of Jamba from a “sell” rating to a “hold” rating in a research report on Monday, October 17th. Wedbush restated a “neutral” rating on shares of Jamba in a research report on Tuesday, November 22nd.
Jamba Company Profile
Jamba, Inc is a restaurant retailer of specialty food and beverage offerings. The Company operates through retail segment. The Company’s offerings include whole fruit smoothies, squeezed juices and juice blends, Energy Bowls, and a range of food items including, hot oatmeal, breakfast wraps, sandwiches, Artisan Flatbreads, baked goods and snacks.