The Dow Jones closed slightly higher on Monday. 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.
SpringBig Holdings
- The Trade: SpringBig Holdings, Inc. (OTC: SBIG) CFO Paul Sykes acquired a total of 28,607 shares an average price of $0.16. To acquire these shares, it cost around $4,605.
- What’s Happening: SpringBig Holdings posted downbeat quarterly results.
- What SpringBig Holdings Does: SpringBig Holdings Inc is a software platform providing customer loyalty and marketing automation solutions to cannabis retailers and brands in the U.S. ...