The Dow Jones closed higher by more than 300 points on Monday. 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.
NetSol Technologies
- The Trade: NetSol Technologies, Inc. (NASDAQ: NTWK) CEO Najeeb Ghauri acquired a total of 8,500 shares an average price of $1.96. To acquire these shares, it cost around $16,620.
- What’s Happening: NETSOL Technologies reported a year-over-year decrease in fourth-quarter EPS results and issued FY24 revenue guidance.
- What NetSol Technologies Does: NETSOL Technologies is ...