The Dow Jones closed higher by over 180 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.
Beasley Broadcast
- The Trade: Beasley Broadcast Group, Inc. (NASDAQ: BBGI) CEO Caroline Beasley acquired a total of 14,285 shares an average price of $0.73. To acquire these shares, it cost around $10,428.
- What’s Happening: Beasley Broadcast Group posted a loss for the third quarter.
- What Beasley Broadcast Does: Beasley Broadcast Group Inc is a multi-platform media company, whose primary ...