VirnetX Holding And 3 Other Stocks Under $1 Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders have been aggressively buying shares of four penny stocks: comScore (SCOR), Innovid (CTV), Star Equity Holdings (STRR), and VirnetX Holding (VHC). This indicates their confidence in the companies' prospects.
May 23, 2023 | 1:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Innovid's CEO acquired 100,000 shares at $0.97 each, following the company's receipt of an NYSE continued listing standards notice.
The CEO's purchase of shares indicates confidence in the company's ability to meet the NYSE listing standards. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
comScore's director acquired 300,000 shares at $0.94 each, despite the company posting a wider-than-expected Q1 loss.
The director's purchase of a significant number of shares indicates confidence in the company's prospects, despite the recent Q1 loss. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Star Equity Holdings' executive chairman and other directors acquired a total of 67,247 shares at $0.90 each, following the company's Q1 profit.
The executive chairman and other directors' purchase of shares indicates confidence in the company's prospects, following the Q1 profit. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
VirnetX Holding's president and CEO acquired 104,166 shares at $0.45 each, despite the company receiving an NYSE failure to satisfy a continued listing rule notification.
The president and CEO's purchase of shares indicates confidence in the company's ability to address the NYSE listing rule issue. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100