The Dow Jones closed higher by around 2 points on Friday. 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.
Innovative Food Holdings
- The Trade: Innovative Food Holdings, Inc. (OTC: IVFH) 10% owner JCP Investment Holdings, LLC acquired a total of 255,000 shares an average price of $0.69. To acquire these shares, it cost around $175,850.
- What’s Happening: The ...