The Dow Jones index closed higher by around 0.1% on Wednesday. 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.
Rezolute
- The Trade: Rezolute, Inc. (NASDAQ: RZLT) Chief Medical Officer Brian Kenneth Roberts acquired a total of 7,000 shares an average price of $1.31. To acquire these shares, it cost around $9,142.
- What’s Happening: Rezolute posted a narrower-than-expected quarterly loss.
- What Rezolute Does: Rezolute Inc is a ...