The Dow Jones index closed higher by around 0.1% 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.
Great Elm Group
- The Trade: Great Elm Group, Inc. (NASDAQ: GEG) 10% owner Imperial Capital Group Holdings II, LLC acquired a total of 124,090 shares an average price of $1.96. To acquire these shares, it cost ...