The Dow Jones index closed lower by over 300 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.
Citizens
- The Trade: Citizens, Inc. (NYSE: CIA) President and CEO Gerald Shields acquired a total of 17,466 shares an average price of $2.26. To acquire these shares, it cost around $39,475.
- What’s Happening: On March 18, Citizens, named Jon Stenberg as President of Citizens.
- What Citizens Does: Citizens Inc is ...