The Dow Jones index closed lower by over 30 points on Tuesday. 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.
Power Solutions International
- The Trade: Power Solutions International, Inc. (OTC: PSIX) 10% owner Neil Gagnon acquired a total of 1,321 shares an average price of $2.00. To acquire these shares, it cost around $2,642.
- What’s Happening: On March 14, Power Solutions International announced fourth quarter and full year 2023 financial results.
- What Power Solutions International Does: Power Solutions International Inc is an America-based company ...