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

Jeffs’ Brands Ltd (NASDAQ:JFBR) major shareholder Jeffrey J. Conroy purchased 95,474 shares of the stock in a transaction on Thursday, September 26th. The shares were acquired at an average cost of $0.32 per share, with a total value of $30,551.68. Following the transaction, the insider now directly owns 1,806,600 shares in the company, valued at $578,112. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Jeffs’ Brands Stock Up 9.4 %

Shares of NASDAQ:JFBR traded up $0.02 during trading on Monday, hitting $0.26. The stock had a trading volume of 739,926 shares, compared to its average volume of 1,377,168. Jeffs’ Brands Ltd has a 12 month low of $0.17 and a 12 month high of $5.29. The firm’s fifty day moving average is $0.24 and its 200 day moving average is $0.28.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Jeffs’ Brands stock. Anson Funds Management LP bought a new position in Jeffs’ Brands Ltd (NASDAQ:JFBR) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 117,295 shares of the company’s stock, valued at approximately $43,000. Anson Funds Management LP owned approximately 10.20% of Jeffs’ Brands as of its most recent filing with the SEC. Hedge funds and other institutional investors own 38.85% of the company’s stock.

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.