The Dow Jones index closed higher by over 100 points on Monday. Insider transactions can suggest confidence or concern about a company’s prospects for penny stocks investors and traders interested in. It’s merely part of a larger puzzle, but could potentially shape overall investment or trading decisions.
Here’s a look at some recent notable insider transactions for penny stocks.
Allied Gaming & Entertainment
- Insider Activity: 10% owner Roy Choi of Allied Gaming & Entertainment Inc. (AGAE) acquired 182,745 shares at an average price of $1.08, totaling approximately $197,412.
- Recent News: Allied Gaming & Entertainment disclosed a strategic investment from Elite Fun Entertainment.
- Company Profile: Allied Gaming & Entertainment Inc is an experiential entertainment company catering to gamers through diverse experiences.
Vivani Medical
- Insider Activity: Director Gregg Williams of Vivani Medical, Inc. (VANI) acquired 7,620 shares at an average price of $1.01, amounting to roughly $7,696.
- Recent News: Vivani Medical reported a wider-than-expected quarterly loss in November.
- Company Profile: Vivani Medical Inc is a preclinical stage biopharmaceutical company.
Catheter Precision
- Insider Activity: Director, Executive Chairman and CEO David A Jenkins of Catheter Precision, Inc. (VTAK) acquired 16,940 shares at an average price of $0.42, investing around $7,086.
- Recent News: Catheter Precision locked in a new distributor in Brazil for LockeT.
- Company Profile: Catheter Precision Inc, formerly Ra Medical Systems Inc, is a commercial-stage medical device company specializing in medical technologies for cardiac electrophysiology.
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