Martin Midstream Partners And 2 Other Stocks Under $5 Insiders Are Buying

The Dow Jones closed higher on Monday, also recording gains for the month of July. 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.

Martin Midstream Partners

• The Trade: Martin Midstream Partners L.P. MMLP Director Ruben S Martin acquired a total of 12,369 shares an average price of $2.30. To acquire these shares, it cost around $28,449.
• What’s Happening: Martin Midstream Partners posted a decline in second-quarter EPS.
• What Martin Midstream Partners Does: Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region.

1847 Holdings

• The Trade: 1847 Holdings LLC EFSH 10% owner Strategic Risk LLC acquired a total of 94,200 shares at an average price of $0.22. The insider spent around $21,131.
• What’s Happening: 1847 said it sees revenue of $20 million for the second quarter, representing a 54% increase year over year.
• What 1847 Holdings Does: 1847 Holdings LLC is a diversified holding company. It operates in three segments: Retail and appliances, Construction, and Automotive Supplies

Industrial Logistics Properties Trust

• The Trade: Industrial Logistics Properties Trust ILPT Director Lisa Harris Jones acquired a total of 50,000 shares at an average price of $3.77. To acquire these shares, it cost around $188,390.
• What’s Happening: Industrial Logistics posted downbeat quarterly sales.
• What Industrial Logistics Properties Trust Does: Industrial Logistics Properties Trust is a real estate investment trust. It owns and leases industrial and logistics properties throughout the United States.

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