CSI Compressco And 2 Other Stocks Under $3 Insiders Are Buying

The Dow Jones closed lower by 70 points on Wednesday. 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.

AmeriServ Financial

• The Trade: AmeriServ Financial, Inc. ASRV President & CEO ASRV & Bank Jeffrey Stopko acquired a total of 3,000 shares an average price of $2.97. To acquire these shares, it cost around $8,910.
• What’s Happening: AmeriServ Financial posted a loss for the second quarter.
• What AmeriServ Financial Does: AmeriServ Financial Inc is a bank holding company. The company and its subsidiaries derive substantially all of their income from banking, bank-related services, and trust-related services.

CSI Compressco

• The Trade: CSI Compressco LP CCLP Director James R Larson acquired a total of 10,000 shares at an average price of $1.17. The insider spent around $11,732.
• What’s Happening: CSI Compressco posted a narrower loss for the second quarter.
• What CSI Compressco Does: CSI Compressco LP is a limited partnership operating in the U.S. The company is a provider of compression services and equipment for natural gas and oil production, gathering, transportation, processing, and storage.

P3 Health Partners

• The Trade: P3 Health Partners Inc. PIII 10% owner CPF III-A PT SPV, LLC acquired a total of 270,000 shares at an average price of $2.54. To acquire these shares, it cost around $684,963.
• What’s Happening: P3 Health Partners posted a narrower-than-expected quarterly loss.
• What P3 Health Partners Does: P3 Health Partners Inc is a patient-centered and physician-led population health management company.

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