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The Dow Jones index closed higher by more than 200 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. Bespoke Extracts The Trade: Bespoke Extracts, Inc.
BSPK CEO Michael Feinsod bought a total of 3,000 shares at an average price of $0.07. To acquire these shares, it cost around $210.
What's Happening: The company’s stock jumped around 268% over the past six months. What Bespoke Extracts Does: Bespoke Extracts Inc is focused on selling its proprietary line of specially-formulated, premium quality, hemp-derived CBD products. Thunder Mountain Gold The Trade: Thunder Mountain Gold, Inc.
THMG CEO Eric T Jones acqu ired a total of 125,000 shares a t an average price of $0.06. To acquire these shares, it cost around $6,875.
What's Happening: The company's stock gained around 38% over the past six months. What Thunder Mountain Gold Does: Thunder Mountain Gold Inc is a mineral exploration stage company. It is engaged in exploring mining properties that have the potential to produce gold, silver, base metals, and other commodities.
Tecogen The Trade: Tecogen Inc. TGEN Director Earl R Lewis acquired a total of 10,000 sha.