MCHX - Insiders Buying Blend Labs And 3 Other Stocks Under $2 | Benzinga
The Dow Jones closed higher by over 50 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.
Marchex
- The Trade: Marchex, Inc. (NASDAQ: MCHX) 10% owner Jonathan Brolin acquired a total of 26,975 shares an average price of $1.40. To acquire these shares, it cost around $37,714.
- What’s Happening: Marchex posted a narrower-than-expected quarterly loss.
- What Marchex Does: Marchex Inc is a conversational analytics and solutions company ...