The Dow Jones index closed higher by more than 200 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.
PaySign
- The Trade: PaySign, Inc. (NASDAQ: PAYS) 10% owner Topline Capital Partners LP acquired a total of 107,157 shares an average price of $2.79. To acquire these shares, it cost around $299,345.
- What’s Happening: PaySign, during November, posted better-than-expected quarterly sales.
- What PaySign Does: PaySign Inc is a provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services ...