The Dow Jones closed higher by around 300 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.
Vintage Wine Estates
- The Trade: Vintage Wine Estates, Inc. (NASDAQ: VWE) Director Timothy Proctor acquired a total of 31,852 shares an average price of $0.57. To acquire these shares, it cost around $18,155.
- What’s Happening: On Nov. 14, Vintage Wine Estates posted a wider-than-expected quarterly loss.
- What Vintage Wine Estates Does: Vintage Wine Estates Inc is a family of wineries and wines whose singular focus ...