1. CEO Joseph F. Basile purchased 5,900 shares at $16.79. 2. Purchase shows confidence in JFB's future value and direction. 3. JFB specializes in hospitality, commercial, and residential construction. 4. Company emphasizes transparency and long-term shareholder value. 5. Most projects come from referrals, showing strong client trust.
FAQ
Why Bullish?
Insider buying often signals confidence, potentially increasing investor interest. Similar cases like Tesla saw shares rise after insider purchases.
How important is it?
The CEO's purchase indicates strong confidence, likely affecting stock performance soon.
Why Short Term?
Insider transactions can lead to immediate positive market reactions. Historical examples suggest short-term gains following similar announcements.
JFB Construction Holdings CEO Makes Significant Stock Purchase
Lantana, Fla., December 9, 2025 (GLOBE NEWSWIRE) — JFB Construction Holdings (Nasdaq: JFB), a prominent player in the real estate development and construction sector, has announced that its CEO, Joseph F. Basile, III, acquired approximately 5,900 shares of the company's common stock. This purchase, executed on December 8, 2025, was made at an average price of $16.79, amounting to a total investment of about $100,000.
CEO's Statement on Stock Purchase
In his statement, Joseph F. Basile, III, emphasized the significance of this transaction, stating, “This purchase of approximately $100,000 of the Company’s common stock on the open market further demonstrates my continued belief in JFB Construction’s ability to provide value to both its customers and its shareholders, as well as my confidence in the direction of the Company.” He further reiterated the company’s commitment to maintaining transparent communication and enhancing long-term shareholder value.
About JFB Construction Holdings
JFB Construction Holdings, known by its symbol "JFB," leverages decades of experience in residential and commercial construction and development. The company specializes in:
- Building multifamily communities
- Developing shopping centers
- Constructing national franchises
- Creating exclusive estate and equestrian homes
With a portfolio that includes over 2 million square feet of commercial and retail space, JFB is recognized for its hands-on expertise and commitment to quality. The firm has established a strong reputation, with most projects stemming from referrals and repeat clients. To date, JFB has provided general contracting and construction management services across 36 U.S. states.
Caution Regarding Forward-Looking Statements
This announcement contains forward-looking statements. Words or phrases such as “may,” “will,” “expect,” “anticipate,” and “believe” help identify these statements, which are subject to various uncertainties and risks. Investors are advised to review the Risk Factors and Management’s Discussion and Analysis sections of JFB’s forms 10-K, 10-Q, and related reports filed with the SEC, which are available at www.sec.gov.
While JFB believes its expectations are reasonable, there is no assurance that actual outcomes will align with these projections. The company has no obligation to publicly update or revise these forward-looking statements unless required by law.
Contact Information
For further inquiries, please contact:
- Joseph F. Basile, III
Phone: 561-582-9840
Email: joe@jfbconstruction.net - Investor Relations: CORE IR
Mike Mason
Phone: 516-222-2560
Email: investors@jfbconstruction.net