Nuvation Bio And three Different Shares Underneath $4 Insiders Are Shopping for

The Dow Jones closed decrease by greater than 300 factors on Thursday. When insiders buy or promote shares, it signifies their confidence or concern across the firm’s prospects. Buyers and merchants focused on penny shares can think about this an element of their general funding or buying and selling choice.

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

Eos Vitality Enterprises

• The Commerce: Eos Vitality Enterprises, Inc. EOSE CEO Joe Mastrangelo acquired a complete of 36,500 shares a median value of $2.05. To amass these shares, it value round $74,810.
• What’s Occurring: Eos was chosen by Dominion Vitality Virginia to offer 16 MWh of storage in a pilot undertaking to strengthen the area’s electrical grid.
• What Eos Vitality Enterprises Does: Eos Vitality Enterprises Inc designs develop, manufactures, and markets modern zinc-based vitality storage options for utility-scale, microgrid, and industrial & industrial (C&I) functions.

Cadiz

• The Commerce: Cadiz Inc. CDZI Govt Director Susan Kennedy acquired a complete of 15,822 shares at a median value of $3.17. The insider spent round $50,156.
• What’s Occurring: The corporate’s inventory misplaced 8% over the previous month.
• What Cadiz Does: Cadiz Inc is a land and water useful resource growth firm in California. Its major enterprise is to accumulate and develop land with water sources for varied makes use of, together with groundwater provide, groundwater storage, and agriculture.

Fluent

• The Commerce: Fluent, Inc. FLNT 10% proprietor Frost Gamma Investments Belief acquired a complete of 100,000 shares at a median value of $0.46. To amass these shares, it value round $46,000.
• What’s Occurring: Fluent posted downbeat quarterly gross sales.
• What Fluent Does: Fluent Inc is a data-driven digital advertising and marketing providers firm. It performs buyer acquisition providers by working digital advertising and marketing campaigns, by means of which it connects its advertiser shoppers with shoppers they’re in search of to achieve.

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

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Nuvation Bio

• The Commerce: Nuvation Bio Inc. NUVB Director Biotech Alternative GP, LLC acquired a complete of 5,313,100 shares at a median value of $1.26. The insider spent $6.69 million to purchase these shares.
• What’s Occurring: Nuvation Bio posted a narrower-than-expected quarterly loss.
• What Nuvation Bio Does: Nuvation Bio Inc is a biopharmaceutical firm tackling unmet wants in oncology by creating differentiated and novel therapeutic candidates.