The Dow Jones closed higher by more than 100 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.
Brightcove
- The Trade: Brightcove Inc. (NASDAQ: BCOV) 10% owner Jonathan Brolin acquired a total of 2,764 shares an average price of $3.27. To acquire these shares, it cost around $9,035.
- What’s Happening: Brightcove posted better-than-expected quarterly results.
- What Brightcove Does: Brightcove Inc is a ...