Vintage Wine Estates And 2 Other Penny Stocks Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders at P3 Health Partners (PIII), SpringBig Holdings (SBIG), and Vintage Wine Estates (VWE) have been aggressively buying shares, indicating confidence in the companies' prospects. P3 Health Partners and Vintage Wine Estates posted better-than-expected quarterly results, while SpringBig Holdings priced a $4 million offering.

June 05, 2023 | 11:22 am
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P3 Health Partners' 10% owner acquired 95,819 shares at $3.98 each after the company posted better-than-expected quarterly results.
The 10% owner's acquisition of a significant number of shares indicates strong confidence in the company's prospects, especially after posting better-than-expected quarterly results. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SpringBig Holdings' director and CEO acquired a total of 1,152,452 shares at $0.30 each as the company priced a $4 million offering.
The director and CEO's acquisition of a large number of shares indicates confidence in the company's prospects following the pricing of a $4 million offering. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Vintage Wine Estates' director acquired 25,000 shares at $1.11 each after the company posted upbeat quarterly earnings.
The director's acquisition of shares indicates confidence in the company's prospects, especially after posting upbeat quarterly earnings. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100