LXRX - Lexicon Pharmaceuticals And 3 Other Stocks Under $2 Insiders Are Buying | Benzinga
The Dow Jones closed lower by around 0.5% on Thursday. 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.
Glatfelter
- The Trade: Glatfelter Corporation (NYSE: GLT) 10% owner Duane Clint Carlson acquired a total of 236,000 shares an average price of $1.80. To acquire these shares, it cost around 424,800.
- What’s Happening: Glatfelter entered into an agreement with Ekman & Co. to market Glatfelter's high quality, specialty Abaca pulp exclusively through Ekman's global sales agency platform.
- What Glatfelter Does: Glatfelter Corporation manufactures and sells a variety of paper ...