The Dow Jones closed slightly higher on Tuesday. 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.
Butler National
- The Trade: Butler National Corporation (OTC: BUKS) 10% owner Joseph Patrick Daly acquired a total of 100,000 shares an average price of $0.69. To acquire these shares, it cost around $68,900.
- What’s Happening: Butler National disclosed the acquisition of KC Machine, a recognized provider of high-quality precision machine parts.
- What Butler National Does: Butler National Corp is engaged ...