The Dow Jones index closed higher by over 150 points 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.
Delcath Systems
- The Trade: Delcath Systems, Inc. (NASDAQ: DCTH) Chief Medical Officer Vojo Vukovic acquired a total of 40,000 shares an average price of $3.00. To acquire these shares, it cost around $120,000.
- What’s Happening: On Nov. 13, Delcath Systems posted downbeat quarterly results.
- What Delcath Systems Does: Delcath Systems ...