Jackson Jay J

CEO Jackson Jay J sold 75,800 shares of ABL at $8.00 (now $7.80); stock down 26.4% in 90 days amid operating losses.

Jackson Jay J, Chief Executive Officer, sold 75,800 shares at $8.00 on 2024-12-20, reducing his holdings from 9,937,000 shares to 9,861,200 shares. The transaction occurred at a price 2.6% above the current market price of $7.80, though the stock has declined 26.4% over the past 90 days and is 37.4% below its 52-week high of $12.47. The company is currently unprofitable, reporting a net income of $-5,125,055.00 for the latest quarter against revenue of $28,148,491.00, despite strong annual revenue growth of 48.5%. The CEO's prior sell at ABL on 2024-11-21 resulted in a 30-day return of -3.5%, suggesting the recent sale may align with broader downward momentum rather than tactical repositioning ahead of stabilization.

CEO Jackson Jay J sold 2,031,250 shares (2.03M) of ABL at $8.00 on 2024-11-21, reducing stake by -16.1% to 10,562,000 shares

Jackson Jay J (CEO) liquidated 2,031,250 shares for $16,250,000.00 on 2024-11-21 at $8.00 per share, a -38.5% discount to the 52-week high of $12.47. This sale reduced his holdings from 12,593,250 shares to 10,562,000 shares, a -16.1% reduction in his stake. The timing coincides with significant downward pressure: the stock has declined -25.8% over 90 days and -15.1% over the past 30 days, moving sharply away from recent highs. The company reported negative net income of $-5,125,055.00 in the latest quarter despite 48.5% annual revenue growth, signaling operational challenges that may warrant attention to execution risk and the sustainability of the growth narrative.