The Dow Jones index closed higher by around 10 points on Tuesday. 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.

CalciMedica

• The Trade: CalciMedica, Inc. (NASDAQ:CALC) CEO A. Rachel Leheny bought a total of 1,000 shares at an average price of $4.19. To acquire these shares, it cost around $4,190.
• What's Happening: On Aug. 12, CalciMedica posted a narrower-than-expected quarterly loss.
• What CalciMedica Does: CalciMedica Inc is a clinical-stage biopharmaceutical company focused on developing therapies for life-threatening inflammatory diseases with high unmet need.

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Ault Alliance

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