Jeffs’ Brands Ltd (NASDAQ:JFBR) Major Shareholder Buys $33,381.90 in Stock

Posted by Stephan Jacobs on Oct 24th, 2024

Jeffs’ Brands Ltd (NASDAQ:JFBR – Get Free Report) major shareholder Jeffrey J. Conroy bought 115,110 shares of the stock in a transaction on Friday, September 20th. The stock was purchased at an average cost of $0.29 per share, for a total transaction of $33,381.90. Following the acquisition, the insider now owns 1,330,110 shares of the company’s stock, valued at $385,731.90. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Jeffs’ Brands Stock Performance

Jeffs’ Brands stock opened at $0.29 on Thursday. The business has a 50-day simple moving average of $0.24 and a two-hundred day simple moving average of $0.28. Jeffs’ Brands Ltd has a 52-week low of $0.17 and a 52-week high of $5.29.

Institutional Trading of Jeffs’ Brands

An institutional investor recently bought a new position in Jeffs’ Brands stock. Anson Funds Management LP acquired a new stake in shares of Jeffs’ Brands Ltd (NASDAQ:JFBR – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 117,295 shares of the company’s stock, valued at approximately $43,000. Anson Funds Management LP owned 10.20% of Jeffs’ Brands at the end of the most recent reporting period. Hedge funds and other institutional investors own 38.85% of the company’s stock.

Jeffs’ Brands Company Profile

(Get Free Report)

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.