SOND - $1.7M Bet On Erasca? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying | Benzinga
The Dow Jones closed lower by around 70 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.
Erasca
- The Trade: Erasca, Inc. (NASDAQ: ERAS) Chairman and CEO Jonathan Lim acquired a total of 1,000,000 shares an average price of $1.70. To acquire these shares, it cost around $1.7 million.
- What’s Happening: On Nov. 9, Erasca posted a narrower-than-expected quarterly loss.
- What Erasca Does: Erasca Inc ...