Cosmos Health And 2 Other Penny Stocks Insiders Are Buying

The Dow Jones closed higher on Monday, recording gains for the eleventh straight session. 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.

Earth Science Tech

• The Trade: Earth Science Tech, Inc. ETST CEO Giorgio R Saumat acquired a total of 10,000 shares an average price of $0.08. To acquire these shares, it cost around 800.
• What’s Happening: Earth Science Tech recently named Gabrielle Schuster as Chief Financial Officer of the Company.
• What Earth Science Tech Does: Earth Science Tech Inc is a diversified holding company. Currently, the company is focused on emerging prospects in the health and wellness industry.

Cosmos Health

• The Trade: Cosmos Health Inc. COSM CEO Grigorios Siokas acquired a total of 181,451 shares at an average price of $2.48. The insider spent around $449,999.
• What’s Happening: Cosmos Health recently priced $5.25 million registered direct offering and concurrent private placement at combined price of $2.48.
• What Cosmos Health Does: Cosmos Health Inc is engaged in the nutraceuticals sector through its own proprietary lines of products 'Sky Premium Life' and 'Mediterranation'.

RENN Fund

• The Trade: RENN Fund, Inc. RCG President and CEO Murray Stahl acquired a total of 419 shares at an average price of $1.84. To acquire these shares, it cost around $771.
• What’s Happening: RENN Fund has a 52-week high of $2.39.
• What RENN Fund Does: RENN Fund Inc is active in the financial services domain. It is a closed-end management investment company formed with the objective of providing long-term capital appreciation by investing substantially in privately placed convertible and equity securities of emerging growth companies traded on the United States securities exchanges.

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