The Dow Jones closed lower by over 60 points on Tuesday. 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.
CommScope Holding
- The Trade: CommScope Holding Company, Inc. (NASDAQ: COMM) Director Timothy Yates acquired a total of 60,000 shares an average price of $1.86. To acquire these shares, it cost around $111,318.
- What’s Happening: Raymond James recently upgraded CommScope from Underperform to ...