The Dow Jones index closed higher by around 10 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.
Cadiz
- The Trade: Cadiz Inc. (NASDAQ: CDZI) CEO Susan P Kennedy acquired a total of 6,762 shares an average price of $2.81. To acquire these shares, it cost around $18,999.
- What’s Happening: Cadiz, during November, signed agreement with San Bernardino County and water project agencies to reserve water supply for desert communities.
- What Cadiz Does: Cadiz Inc is a land and water ...