The Dow Jones index closed higher by over 300 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.
Power Solutions International
- The Trade: Power Solutions International, Inc. (OTC:PSIX) 10% owner Neil Gagnon bought a total of 77,618 shares at an average price of $2.00. To acquire these shares, it cost around $155,236.
- What's Happening: On March 28, ...