Anixa Biosciences And 2 Other Penny Stocks Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders at Virco Mfg. Corporation (VIRC), Anixa Biosciences, Inc. (ANIX), and 1847 Holdings LLC (EFSH) have recently made notable purchases of their companies' stocks. Virco's director bought 1,770 shares after the company posted a narrower-than-expected Q1 loss. Anixa's President, COO, and CFO acquired 5,500 shares following the issuance of a Canadian Patent for its CAR-T cancer therapy technology. A 10% owner of 1847 Holdings bought 72,327 shares as the company anticipates a 54% YoY increase in Q2 revenue.
July 24, 2023 | 11:43 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Anixa's President, COO, and CFO acquired 5,500 shares following the issuance of a Canadian Patent for its CAR-T cancer therapy technology.
The purchase of shares by Anixa's top executives following the issuance of a patent for its cancer therapy technology suggests confidence in the company's innovative potential and future profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
A 10% owner of 1847 Holdings bought 72,327 shares as the company anticipates a 54% YoY increase in Q2 revenue.
The purchase of a significant number of shares by a 10% owner of 1847 Holdings, in anticipation of a substantial increase in Q2 revenue, suggests optimism about the company's financial performance and growth prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Virco's director bought 1,770 shares after the company posted a narrower-than-expected Q1 loss.
Insider buying often indicates confidence in a company's prospects. The director's purchase following a narrower-than-expected Q1 loss suggests optimism about Virco's future performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100