AVATAR SECURITIES sells 120524 MYSZ shares at $4.85 on Dec 30.

My Size, Inc. [MYSZ] has reported that AVATAR SECURITIES, LLC, a 10% owner of the company, has conducted a series of transactions involving the sale of shares on December 30, 2024. Specifically, AVATAR SECURITIES has sold a total of 120,524 shares at a price of $4.85 per share, as well as an additional 100 shares at a price of $5.48 per share. These transactions were made in accordance with applicable securities laws and regulations.

My Size, Inc. (MYSZ), an omnichannel e-commerce platform providing AI-driven software solutions, experienced a notable transaction on December 30, 2024. AVATAR SECURITIES, LLC, a 10% shareholder, conducted a series of share sales, totaling 121,624 shares [1].

The transactions consisted of 120,524 shares sold at an average price of $4.85 and an additional 100 shares sold at $5.48 per share [1]. These sales were made in accordance with applicable securities laws and regulations, indicating a strategic move by AVATAR SECURities.

Despite the recent sale, My Size, Inc. faces several challenges. The company's stock has been volatile, with a decline of 52.51% over the past three years [1]. Additionally, earnings have declined by 1.1% per year over the past five years, and the company does not pay dividends [1].

The reasons behind AVATAR SECURities' decision to sell shares remain unclear. However, the transaction may have been influenced by the company's financial performance and share price volatility. The sale could also be a part of a broader investment strategy or a response to market conditions.

In conclusion, AVATAR SECURITIES' share sale in My Size, Inc. is a significant development for the company. While the reasons behind the sale are unclear, the transaction highlights the challenges facing My Size, Inc. and the potential impact of shareholder actions on the company's stock.

[1] SimplyWall.St. (n.d.). My Size, Inc. Retrieved from https://simplywall.st/stocks/us/software/nasdaq-mysz/my-size