LOCL - Gannett And 3 Other Stocks Under $4 Insiders Are Buying | Benzinga
The Dow Jones closed higher by around 35 points on Monday. 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.
Local Bounti
- The Trade: Local Bounti Corporation (NYSE: LOCL) Chief Technology Officer Travis M Joyner acquired a total of 4,220 shares an average price of $2.37. To acquire these shares, it cost around $10,000. The company’s CFO also bought 2,000 shares.
- What’s Happening: Deutsche Bank recently downgraded Local Bounti from Buy to Hold and lowered ...