Insider Selling: American Rebel (NASDAQ:AREB) CEO Sells $164,500.00 in Stock

American Rebel Holdings, Inc. (NASDAQ:AREB) CEO Charles Andrew Ross, Jr. sold 8,750 shares of the stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $18.80, for a total transaction of $164,500.00. Following the completion of the transaction, the chief executive officer directly owned 5 shares of the company’s stock, valued at approximately $94. The trade was a 99.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

American Rebel Stock Down 43.7%

Shares of NASDAQ:AREB opened at $10.47 on Friday. American Rebel Holdings, Inc. has a 12 month low of $10.30 and a 12 month high of $1,947.50. The company has a 50-day moving average price of $20.36 and a 200 day moving average price of $46.09.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of American Rebel in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

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.