The Dow Jones closed higher 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.
Aytu BioPharma
- The Trade: Aytu BioPharma, Inc. AYTU CEO Joshua R Disbrow acquired a total 14,000 shares an average price of $1.86. To acquire these shares, it cost around $26.08 thousand.
- What’s Happening: Aytu BioPharma announced pricing of $4 million public offering priced at-the-market.
- What Aytu BioPharma Does: Aytu BioPharma Inc is a specialty pharmaceutical company with a commercial portfolio of prescription therapeutics and consumer health products.
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CURO Group Holdings
- The Trade: CURO Group Holdings Corp. CURO Director Heath Chadwick Faulkner acquired a total of 20,000 shares at an average price of $1.87. The insider spent around $37.36 thousand to buy those shares.
- What’s Happening: CURO Group posted a wider-than-expected quarterly loss.
- What CURO Group Holdings Does: CURO Group Holdings Corp is a consumer finance company serving a full spectrum of non-prime, near-prime and prime consumers in portions of the U.S. and Canada.
Star Equity Holdings
- The Trade: Star Equity Holdings, Inc. STRR Executive Chairman Jeffrey E Eberwein acquired a total of 47,221 shares at an average price of $1.18. To acquire these shares, it cost around $55.52 thousand.
- What’s Happening: Star Equity posted a profit for the first quarter.
- What Star Equity Holdings Does: Star Equity Holdings Inc is a multi-industry diversified holding company with three segments; Healthcare segment provides products and services in the area of nuclear medicine imaging with a focus on cardiac health.
Check This Out: Investor Sentiment Improves Further After Dow Jumps Over 400 Points
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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