Level Brands (NASDAQ:LEVB) major shareholder Erik Sterling sold 1,057,667 shares of Level Brands stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $4.00, for a total transaction of $4,230,668.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
LEVB opened at $6.08 on Friday. Level Brands has a fifty-two week low of $2.54 and a fifty-two week high of $8.48.
Level Brands (NASDAQ:LEVB) last released its earnings results on Thursday, February 14th. The company reported ($0.06) earnings per share for the quarter. The company had revenue of $1.25 million for the quarter.
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About Level Brands
Level Brands, Inc operates as a branding and marketing company. It operates through three business segments: Professional Products, Licensing, and Entertainment. The Professional Products segment produces and markets hair care and beauty products. This segment offers silkening shampoo and conditioner under the Flaunt name; spray gel under the Linger; spray on conditioner under the Luxe name; firm hold finishing spray under the Fierce name; all in 1 cleansing and conditioning product under the Lavish name; hair rescue treatment product; blow out styling primer enhanced with marine botanicals under the Sway name; hair spray under the Valor name; thermal protectant under the Fever name; shampoo and conditioner under the Rewind name; and dry shampoo under the Stay Dirty name.
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