Financial Lp Hrt Sells 181,652 Shares of American Rebel Holdings, Inc. (NASDAQ:AREB) Stock

American Rebel Holdings, Inc. (NASDAQ:AREB) major shareholder Financial Lp Hrt sold 181,652 shares of the stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $13.31, for a total transaction of $2,417,788.12. Following the completion of the transaction, the insider now directly owns 9,994 shares of the company’s stock, valued at $133,020.14. This trade represents a 94.79 % decrease in their position. The transaction was disclosed in a filing 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.

Financial Lp Hrt also recently made the following trade(s):

• On Friday, April 4th, Financial Lp Hrt acquired 230,223 shares of American Rebel stock. The stock was bought at an average price of $12.06 per share, for a total transaction of $2,776,489.38.

American Rebel Stock Performance

American Rebel stock opened at $7.25 on Friday. The business has a 50 day simple moving average of $13.52 and a 200 day simple moving average of $39.29. American Rebel Holdings, Inc. has a one year low of $1.10 and a one year high of $231.75.

American Rebel (NASDAQ:AREB) last posted its earnings results on Friday, February 7th. The company reported ($16.75) earnings per share for the quarter. American Rebel had a negative return on equity of 772.51% and a negative net margin of 111.30%.

American Rebel Company Profile

American Rebel Holdings, Inc designs and markets branded safes, and personal security and self-defense products. The company's safes are offered in various sizes and shapes for home, office, and personal use, as well as provides vault doors, handgun vaults, and inventory control safes under the American Rebel brand.