The Dow Jones index closed lower by around 20 points on Friday. 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.
Retractable Technologies
- The Trade: Retractable Technologies, Inc. (NYSE: RVP) President and CEO Thomas J Shaw acquired a total of 3,455 shares an average price of $1.07. To acquire these shares, it cost around $3,703.
- What’s Happening: On Nov. 14, Retractable Technologies reported that its loss from operations was $8.7 million for the first ...