The Dow Jones closed lower by around 200 points on Wednesday. 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.
VolitionRx
- The Trade: VolitionRx Limited (NYSE: VNRX) Director Phillip Barnes acquired a total of 5,000 shares an average price of $1.30. To acquire these shares, it cost around $6,500.
- What’s Happening: VolitionRX posted a narrower-than-expected quarterly loss.
- What VolitionRx Does: VolitionRX Ltd is a United states based epigenetics company that applies its Nucleosomics platform through its subsidiaries to develop simple, easy-to-use, cost effective blood tests to help diagnose and monitor ...