Editor's Note: This article has been updated to correctly describe E.W. Scripps as a media company that owns and operates television stations, national TV networks, and digital media outlets.
The Dow Jones index closed higher by around 90 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.
E.W. Scripps Company
- The Trade: The E.W. Scripps Company (NASDAQ: SSP) Director Charles L. Barmonde acquired a total of 10,500 shares an average price of $4.28. To acquire these shares, it cost ...