The Dow Jones index closed higher by over 100 points on Thursday. 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.
Entravision Communications
- The Trade: Entravision Communications Corporation (NYSE: EVC) CEO Michael J Christenson acquired a total of 100,000 shares an average price of $1.67. To acquire these shares, it cost around $167,250.
- What’s Happening: On March 5, Entravision Comms posted upbeat quarterly sales.
- What Entravision Communications Does: Entravision Communications Corp is a global media company. Its ...