The Dow Jones jumped by over 250 points on Tuesday. 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.
Martin Midstream Partners
- The Trade: Martin Midstream Partners L.P. (NASDAQ:MMLP) President and CEO Robert D Bondurant bought a total of 770.3262 shares at an average price of $2.99. To acquire these shares, it cost around $2.3 thousand.
- What’s Happening: Martin Midstream Partners sees preliminary Q4 adjusted EBITDA $17 million-$19 million.
- What Martin Midstream Partners Does: Martin Midstream Partners LP has a diverse set of operations focused in the United States Gulf Coast region.
