The Dow Jones index closed higher by around 0.2% 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.
AmBase
- The Trade: AmBase Corporation (OTC:ABCP) 10% owner Barc Investments LLC bought a total of 909,691 shares at an average price of $0.21. To ...