The Dow Jones closed higher by over 150 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.
Crexendo
- The Trade: Crexendo, Inc. (NASDAQ: CXDO) Chief Revenue Officer Jon Brinton acquired a total of 2,000 shares an average price of $2.14. To acquire these shares, it cost around $4,280.
- What’s Happening: Crexendo posted better-than-expected third-quarter earnings.
- What Crexendo Does: Crexendo Inc is a provider ...