VirnetX Holding And 3 Other Stocks Under $1 Insiders Are Aggressively Buying

The Dow Jones closed lower by over 100 points on Monday. 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.

comScore

  • The Trade: comScore, Inc. SCOR Director Paul William Livek acquired a total 300,000 shares an average price of $0.94. To acquire these shares, it cost around $281.56 thousand.
  • What’s Happening: comScore posted a wider-than-expected first-quarter loss.
  • What comScore Does: comScore Inc is a United States-based company that provides digital media analytics services to customers in the media, advertising, and marketing industries.

Innovid

  • The Trade: Innovid Corp. CTV CEO Zvika Netter acquired a total of 100,000 shares at an average price of $0.97. The insider spent around $96.84 thousand to buy those shares.
  • What’s Happening: Innovid recently received NYSE continued listing standards notice.
  • What Innovid Does: Innovid Corp is a software platform that provides ad serving, measurement and creative services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV and desktop TV environments to advertisers, publishers and media agencies.

Star Equity Holdings

  • The Trade: Star Equity Holdings, Inc. STRR Executive Chairman Jeffrey E Eberwein acquired a total of 67,247 shares at an average price of $0.90. To acquire these shares, it cost around $60.66 thousand. The company’s other Directors also purchased the company’s shares.
  • What’s Happening: Star Equity Hldgs 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.

VirnetX Holding

  • The Trade: VirnetX Holding Corporation VHC President and CEO Kendall Larsen acquired a total of 104,166 shares at an average price of $0.45. The insider spent $46.71 thousand to buy those shares.
  • What’s Happening: VirnetX recently received NYSE failure to satisfy a continued listing rule notification.
  • What VirnetX Holding Does: VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents.

 

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