The Dow Jones closed lower by around 69 points 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.
Aspen Group
- The Trade: Aspen Group, Inc. (OTC: ASPU) Director Douglas Kass acquired a total of 47,500 shares an average price of $0.18. To acquire these shares, it cost around $8,446.
- What’s Happening: Aspen Group recently announced closing of $12.4 million private placement.
- What Aspen Group Does: Aspen Group Inc is an education technology holding company that leverages its ...