The Dow Jones index closed higher by over 100 points on Friday. 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.
Comstock
- The Trade: Comstock Inc. (NYSE:LODE) Chief Operating Officer William Joseph McCarthy bought a total of 15,000 shares at an average price of $0.26. To acquire these shares, it cost around $3,854.
- What's Happening: On April 30, Comstock reported weaker-than-expected first-quarter sales.
- What Comstock Does: Comstock Inc ...