Jernigan Capital, Inc. (JCAP) Attracting Credible Institutional Interest?

Jernigan Capital, Inc. (NYSE:JCAP) produced a 33.58% rally since recording the worst price of $15.9. Thanks to the latest 2.56% increase, it now trades at $21.24. Throughout the trading on 01/11/2019, the share price floated between $20.565 and $21.24. This company shares are 13.94% off its target price of $24.2 and the current market capitalization stands at $422.25M. The recent change has given its price a 2.99% lead over SMA 50 and -3.67% deficit over its 52-week high. The stock witnessed -1.58% declines, 7.38% gains and 10.62% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found JCAP’s volatility during a week at 2.45% and during a month it has been found around 2.6%.

Jernigan Capital, Inc. (JCAP) Top Holders

Institutional investors currently hold around $284 million or 69.4% in JCAP stock. Look at its top three institutional owners. Blackrock Inc. owns $35.13 million in Jernigan Capital, Inc., which represents roughly 8.32% of the company’s market cap and approximately 12.37% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 964,384 shares of the stock are valued at $20.48 million. The third largest holder is Forward Management, Llc, which currently holds $20.22 million worth of this stock and that ownership represents nearly 4.79% of its market capitalization.

Jernigan Capital, Inc. 13F Filings

At the end of September reporting period, 58 institutional holders increased their position in Jernigan Capital, Inc. (NYSE:JCAP) by some 1,726,256 shares, 33 decreased positions by 1,326,283 and 17 held positions by 10,335,127. That puts total institutional holdings at 13,387,666 shares, according to SEC filings. The stock grabbed 11 new institutional investments totaling 376,305 shares while 10 institutional investors sold out their entire positions totaling 506,327 shares.

Jernigan Capital, Inc. (NYSE:JCAP) Insider Trades

Multiple company employees have indulged in significant insider trading. Jernigan Capital, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director Dondero James D has acquired 81 shares of Jernigan Capital, Inc. (JCAP) in trading session dated Dec. 18, 2018. These shares are worth $1,684 and were traded at $20.79 each. The SEC filing shows that Dondero James D performed a sale of 19,081 shares. The Director disposed these shares by way of transaction on Dec. 14, 2018. The company’s shares were given away at $21.17 per share worth to an income of some $403,945 on account of Dondero James D.

President and COO, Good John A, purchased 1,595 common shares of Jernigan Capital, Inc. (JCAP) in the open market. In a transaction dated Aug. 03, 2018, the shares were bought at an average price of $18.53, giving away a sum of $29,555. After this purchase, 233,163 common shares of JCAP are directly owned by the insider, with total stake valued at $4,952,382.

In the transaction dated Jun. 25, 2018, the great number of shares acquired came courtesy the Director; Decker Mark O. added a total of 1,340 shares at an average price of $18.63, amounting to approximately $24,964. The insider now directly owns 17,574 shares worth $373,272.

Jernigan Capital, Inc. (JCAP) Analyst Guide

Several analysts have released their opinion on Jernigan Capital, Inc. (NYSE:JCAP), with 2 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.6 average brokerage recommendation.