The Dow Jones index closed higher by over 550 points on Thursday. 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.
One Stop Systems
- The Trade: One Stop Systems, Inc. (NASDAQ:OSS) Director Joseph M.. Manko Jr bought a total of 75,000 shares at an average price of $1.96. To acquire these shares, it cost around $146,750.
- What's Happening: On Aug. 8, One Stop Systems reported worse-than-expected second-quarter adjusted EPS results.
- What One Stop Systems Does: One Stop Systems Inc designs, manufactures, and markets specialized rugged high-performance compute (“HPC”), high-speed switch fabrics, and storage systems, which are designed to target edge applications for artificial intelligence (“AI”) / machine learning (“ML”), sensor processing, sensor fusion, and autonomy.
System1
FlexShopper
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