RAVE - Nerdy And 3 Other Stocks Under $3 Insiders Are Buying | Benzinga
The Dow Jones index closed higher by around 0.1% 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.
Rave Restaurant
- The Trade: Rave Restaurant Group, Inc. (NASDAQ: RAVE) CEO Brandon Solano acquired a total of 11,376 shares an average price of $1.72. To acquire these shares, it cost around $19,621.
- What’s Happening: On Feb. 1, RAVE Restaurant Group posted a decline in quarterly sales.
- What Rave Restaurant Does: Rave Restaurant Group Inc ...