The Dow Jones index closed higher by around 170 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform.
Socket Mobile
- The Trade: Socket Mobile, Inc. (NASDAQ:SCKT) Director Charlie Bass bought a total of 10,000 shares at an average ...