The Dow Jones was lower by nearly 500 points on Monday. The investors focused on some notable insider trades.
When insiders purchase or sell shares, it indicates their confidence or concern about the company's prospects. This is a factor in the overall investment or trading decision for investors and traders interested in penny stocks.
Below is a look at a number of recent insider transactions for penny stocks. You can find more information on Benzinga's insider transactions platform.
The Redwire Corporation Director John Bolton had a total of 9,023 shares at an average price of $2.01. The insider spent around $18.14 thousand to buy those shares.
Don't forget to check out our premarket coverage here: Pardes Biosciences posted a Q 3 loss of $0.40 per share last month.