REAL - Over $1.7M Bet On Globalstar? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying | Benzinga
The Dow Jones index closed higher by around 47 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.
FibroGen
- The Trade: FibroGen, Inc. (NASDAQ: FGEN) CEO Thane Wettig acquired a total of 50,000 shares an average price of $1.91. To acquire these shares, it cost around $95,470.
- What’s Happening: On March 11, FibroGen named Deyaa Adib, M.D. as Chief Medical Officer.
- What FibroGen Does: FibroGen Inc is a biotechnology company focused on ...