The Dow Jones closed lower by over 200 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.
Rocky Mountain Chocolate Factory
- The Trade: Rocky Mountain Chocolate Factory, Inc. (NASDAQ: RMCF) Director Brett Seabert acquired a total of 1,000 shares an average price of $4.00. To acquire these shares, it cost around $4,002.
- What’s Happening: Rocky Mountain Chocolate posted a second-quarter ...