Insiders Buying Vicarious Surgical And 2 Other Penny Stocks

The Dow Jones closed lower by over 400 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.

Arlo Technologies

• The Trade: Arlo Technologies Inc ARLO Director Grady Summers bought a total of 3,497 shares at an average price of $4.27. To acquire these shares, it cost around $14.93 thousand.
• What’s Happening: Arlo Technologies, during November, posted a Q3 loss of $0.05 per share.
• What Arlo Technologies Does: Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses.

Movano

• The Trade: Movano Inc MOVE Director Ruben Caballero acquired a total 18,200 shares at an average price of $1.41. The insider spent around $25.66 thousand to buy those shares.
• What’s Happening: Movano Health recently priced its $6.5 million public offering of 4,644,000 shares at a price of $1.57 per share.
• What Movano Does: Movano Inc is a health-focused technology company developing simple, smart, and personalized devices designed to help individuals on their health journey maintain good health today and prevent and manage chronic diseases in the future.

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Vicarious Surgical

• The Trade: Vicarious Surgical Inc RBOT Director Philip Liang acquired a total of 1,200 shares at an average price of $3.02. To acquire these shares, it cost around $3.62 thousand.
• What’s Happening: Vicarious Surgical posted a Q4 loss of $0.16 per share.
• What Vicarious Surgical Does: Vicarious Surgical Inc designs a surgical robot that enables surgeons to perform minimally invasive surgery with 3D visualization and accurate control.

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