Umpqua Holdings (NASDAQ:UMPQ) reported quarterly earnings of $0.36 per share which missed the analyst consensus estimate of $0.39 by 7.69 percent. This is a 32.08 percent decrease over earnings of $0.53 per share from the same period last year.
ReWalk Robotics And 3 Other Stocks Under $2 Insiders Are Buying
The Dow Jones closed lower by around 200 points 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.