The Dow Jones closed lower by over 50 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.
SeaStar Medical
- The Trade: SeaStar Medical Holding Corporation (NASDAQ: ICU) Director Kenneth Heel Van acquired a total of 100,000 shares an average price of $0.40. To acquire these shares, it cost around $40,000.
- What’s Happening: SeaStar Medical posted a wider-than-expected quarterly loss.
- What SeaStar Medical Does: SeaStar Medical Holding Corp is ...