SYPR - Sypris Solutions And 3 Other Stocks Under $2 Insiders Are Buying | Benzinga
The Dow Jones index closed higher by around 0.2% 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.
PodcastOne
- The Trade: PodcastOne, Inc. (NASDAQ:PODC) Director D Jonathan Merriman bought a total of 18,000 shares at an average price of $1.86. To acquire these shares, it cost around $33,500.
- What's Happening: On June 6, Litchfield Hills analyst Barry Sine initiated coverage on PodcastOne with a Buy rating and announced a price target of $5.
- What PodcastOne Does: PodcastOne Inc Formerly CourtSide Group Inc is a ...