American Rebel Holdings, Inc. (NASDAQ:AREB) Major Shareholder Financial Lp Hrt Purchases 230,223 Shares

American Rebel Holdings, Inc. (NASDAQ:AREB) major shareholder Financial Lp Hrt bought 230,223 shares of the firm’s stock in a transaction on Friday, April 4th. The shares were bought at an average price of $12.06 per share, with a total value of $2,776,489.38. Following the completion of the purchase, the insider now owns 171,658 shares in the company, valued at approximately $2,070,195.48. The trade was a -393.11 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Monday, April 7th, Financial Lp Hrt sold 181,652 shares of American Rebel stock. The shares were sold at an average price of $13.31, for a total transaction of $2,417,788.12.

American Rebel Stock Down 38.7 %

Shares of NASDAQ:AREB opened at $5.58 on Thursday. The firm’s 50 day simple moving average is $13.97 and its 200-day simple moving average is $39.33. 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 released its quarterly earnings data on Friday, February 7th. The company reported ($16.75) earnings per share for the quarter. American Rebel had a negative net margin of 111.30% and a negative return on equity of 772.51%.

About American Rebel

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.