The Dow Jones index closed higher by over 200 points 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.
Earth Science Tech
- The Trade: Earth Science Tech, Inc. (OTC: ETST) Director Yovan A. Sanchez acquired a total of 50,000 shares an average price of $0.05. To acquire these shares, it cost around $2,500.
- What’s Happening: On Nov. 13, the company posted net profit of $444,581 for its fiscal second quarter, versus a year-ago loss of $73,678.
- What Earth Science Tech Does: Earth Science Tech ...