3 Penny Stocks Insiders Are Buying

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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.

Oxford Square Capital

The Trade: Oxford Square Capital Corp. OXSQ Chief Executive Officer Jonathan H Cohen acquired a total of 5066 shares at an average price of $4.06. To acquire these shares, it cost $20,566.05.

What’s Happening: The company’s shares have jumped more than 28% since the start of the year.

What Oxford Square Capital Does: Oxford Square Capital Corp is a closed-end, non-diversified management investment company.

Sow Good

The Trade: Sow Good Inc. SOWG Executive Chairman Ira Goldfarb acquired a total of 5000 shares shares at an average price of $3.20. The insider spent $15,978.96 to buy those shares.

What’s Happening: Sow Good shares dropped 50% over the previous month.

What Sow Good Does: Sow Good is engaged in manufacturing and marketing freeze-dried snacks, smoothies, and soups.

Palisade Bio

The Trade: Palisade Bio, Inc. PALI CEO Thomas Hallam acquired a total of 6000 shares at an average price of $2.49. To acquire these shares, it cost $14,940.00.

What’s Happening: Palisade Bio, last month, reported a Q2 loss of $4.10 per share.

What Palisade Bio Does: Palisade Bio is a late-stage biopharma company. It is advancing oral therapies that help patients with acute and chronic gastrointestinal complications stemming from post-operative digestive enzyme damage.

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OXSQOxford Square Capital Corp
$2.53-1.94%

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