Barnwell Industries And 3 Other Stocks Under $3 Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders have been aggressively buying shares of Barnwell Industries (BRN), Bioventus (BVS), Savara (SVRA), and Near Intelligence (NIR), all stocks under $3. This indicates their confidence in the companies' prospects, which can be a factor for investors and traders interested in penny stocks.
May 30, 2023 | 11:19 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barnwell Industries' 10% owner acquired 169,632 shares at an average price of $2.64, indicating confidence in the company's prospects.
The 10% owner of Barnwell Industries acquired a significant number of shares, showing confidence in the company's prospects. This could lead to a short-term positive impact on the stock price as investors may interpret this as a bullish signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Bioventus' Director William Hawkins acquired 88,000 shares at an average price of $2.68, despite the company posting downbeat quarterly earnings.
Bioventus' director acquired a large number of shares even after the company posted downbeat quarterly earnings. This indicates confidence in the company's future prospects, which could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Near Intelligence's Director Mark N Greene acquired 26,532 shares at an average price of $1.98, despite the company posting a wider loss for its first quarter.
Near Intelligence's director acquired a significant number of shares even after the company posted a wider loss for its first quarter. This indicates confidence in the company's future prospects, which could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Savara's Director David Ramsay acquired 100,000 shares at an average price of $2.59, despite the company posting a wider loss for its first quarter.
Savara's director acquired a significant number of shares even after the company posted a wider loss for its first quarter. This indicates confidence in the company's future prospects, which could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100