Jeffs’ Brands Ltd (NASDAQ:JFBR) Major Shareholder Purchases $30,551.68 in Stock

Jeffs’ Brands Ltd (NASDAQ:JFBR) major shareholder Jeffrey J. Conroy acquired 95,474 shares of the business’s stock in a transaction dated Thursday, September 26th. The stock was purchased at an average price of $0.32 per share, with a total value of $30,551.68. Following the completion of the acquisition, the insider now directly owns 1,806,600 shares in the company, valued at approximately $578,112. This represents a 0.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Jeffs’ Brands Trading Up 9.4 %

Shares of NASDAQ JFBR traded up $0.02 during midday trading on Monday, reaching $0.26. The company had a trading volume of 739,926 shares, compared to its average volume of 1,377,168. Jeffs’ Brands Ltd has a one year low of $0.17 and a one year high of $5.29. The firm’s fifty day moving average price is $0.24 and its 200-day moving average price is $0.28.

Institutional Investors Weigh In On Jeffs’ Brands

An institutional investor recently bought a new position in Jeffs’ Brands stock. Anson Funds Management LP purchased a new stake in shares of Jeffs’ Brands Ltd (NASDAQ:JFBR) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 117,295 shares of the company’s stock, valued at approximately $43,000. Anson Funds Management LP owned about 10.20% of Jeffs’ Brands at the end of the most recent reporting period. 38.85% of the stock is currently owned by institutional investors.

Jeffs’ Brands Company Profile

Jeffs’ Brands Ltd, together with its subsidiaries, operates as an e-commerce company. It engages in the sale of various consumer products on Amazon online marketplace. The company offers knife-sharpening sets, sharpeners, and nonslip rubber bases under the KnifePlanet brand; steel and soft-tip dart sets under the CC-Exquisite brand; car door and sets protectors for pets under the PetEvo brand; and bag sets and party supply kits for children under the Whoobli brand.