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

Jeffs’ Brands Ltd (NASDAQ:JFBR) 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, with a total value of $33,381.90. Following the acquisition, the insider now owns 1,330,110 shares in the company, valued at approximately $385,731.90. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Jeffs’ Brands Trading Up 9.4 %

Shares of JFBR stock traded up $0.02 on Monday, hitting $0.26. The company had a trading volume of 739,926 shares, compared to its average volume of 1,377,168. The stock’s 50-day moving average is $0.24 and its two-hundred day moving average is $0.28. Jeffs’ Brands Ltd has a twelve month low of $0.17 and a twelve month high of $5.29.

Institutional Investors Weigh In On Jeffs’ Brands

A hedge fund recently bought a new stake in Jeffs’ Brands stock. Anson Funds Management LP purchased a new stake in Jeffs’ Brands Ltd (NASDAQ:JFBR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 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 quarter. Institutional investors own 38.85% of the company’s stock.

About Jeffs’ Brands

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.