Insider Buying: ToughBuilt Industries, Inc. (NASDAQ:TBLT) Major Shareholder Buys 11,728 Shares of Stock

ToughBuilt Industries, Inc. (NASDAQ:TBLT) major shareholder Rochel Soffer purchased 11,728 shares of ToughBuilt Industries stock in a transaction on Thursday, July 25th. The stock was bought at an average price of $5.86 per share, for a total transaction of $68,726.08. Following the completion of the acquisition, the insider now owns 103,571 shares in the company, valued at approximately $606,926.06. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Rochel Soffer also recently made the following trade(s):

• On Wednesday, July 31st, Rochel Soffer acquired 12,500 shares of ToughBuilt Industries stock. The shares were purchased at an average price of $6.65 per share, with a total value of $83,125.00.
• On Monday, July 29th, Rochel Soffer purchased 14,095 shares of ToughBuilt Industries stock. The shares were purchased at an average cost of $5.89 per share, with a total value of $83,019.55.

ToughBuilt Industries Stock Performance

Shares of TBLT opened at $2.17 on Friday. The company’s fifty day moving average is $4.48 and its 200 day moving average is $3.89. ToughBuilt Industries, Inc. has a fifty-two week low of $2.01 and a fifty-two week high of $23.72.

ToughBuilt Industries Company Profile

ToughBuilt Industries, Inc engages in design, development, manufacture, and distribution of home improvement and construction products for the building industry in the United States and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and kneepads.