The Dow Jones closed lower by more than 300 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.
Eos Energy Enterprises
- The Trade: Eos Energy Enterprises, Inc. (NASDAQ: EOSE) CEO Joe Mastrangelo acquired a total of 36,500 shares an average price of $2.05. To acquire these shares, it cost around $74,810.
- What’s Happening: Eos was selected by Dominion Energy Virginia to provide 16 MWh of storage in a pilot project to strengthen the ...