May 8, 2024

The Dow Jones closed decrease by round 10 factors on Thursday. When insiders buy or promote shares, it signifies their confidence or concern across the firm’s prospects. Buyers and merchants desirous about penny shares can think about this an element of their general funding or buying and selling choice.

Under is a take a look at just a few current notable insider transactions for penny shares. For extra, take a look at Benzinga’s insider transactions platform.

Kirkland’s

  • The Commerce: Kirkland’s, Inc. KIRK President, COO Amy E. Sullivan acquired a complete of two,847 shares a median worth of $1.76. To accumulate these shares, it price round $4,999.
  • What’s Occurring: Kirkland’s reported weaker-than-expected second-quarter FY23 outcomes.
  • What Kirkland’s Does: Kirkland’s Inc is a specialty retailer of house decor and items in america.

Vivani Medical

  • The Commerce: Vivani Medical, Inc. VANI Director Gregg Williams acquired a complete of 9,924 shares at a median worth of $1.00. To accumulate these shares, it price round $9,924.
  • What’s Occurring: Vivani Medical lately posted a wider-than-expected second-quarter loss.
  • What Vivani Medical Does: Vivani Medical Inc is a preclinical stage biopharmaceutical firm. It develops miniaturized, subdermal implants using its proprietary NanoPortal expertise to allow long-term, close to constant-rate supply of a broad vary of medicines to deal with continual illnesses.

Examine This Out: Examine Out 3 Excessive-Yielding Dividend Shares In Tech And Telecom Sector From Wall Avenue’s Most Correct Analysts

Lixte Biotechnology Holdings

  • The Commerce: Lixte Biotechnology Holdings, Inc. LIXT President and CEO Bastiaan van der Baan acquired a complete of 10,000 shares at a median worth of $2.80. The insider spent $28,000 to purchase these shares.
  • What’s Occurring: The corporate’s inventory fell round 73% over the previous six months.
  • What Lixte Biotechnology Does: Lixte Biotechnology Holdings Inc is a drug discovery firm that has a developed distinctive, proprietary, first-in-class protein phosphatase inhibitor, LB-100, as its lead medical compound.

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