The Dow Jones index closed higher by 0.25% on Wednesday. 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.
PodcastOne
- The Trade: PodcastOne, Inc. (NASDAQ:PODC) Director D Jonathan Merriman bought a total of 48,839 shares at an average price of $1.93. To acquire these shares, it cost around $93,641.
- What's Happening: On May 30, PodcastOne raised its FY25 revenue guidance.
- What PodcastOne Does: PodcastOne Inc formerly CourtSide Group Inc is a podcast platform and publisher that makes its content available to audiences via all podcasting distribution platforms, including its website, its PodcastOne app, Apple Podcasts, Spotify, Amazon …
