Cosmos Health And 2 Other Penny Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at Earth Science Tech, Inc. (OTC:ETST), Cosmos Health Inc. (NASDAQ:COSM), and RENN Fund, Inc. (NYSE:RCG) have recently made notable purchases of their companies' shares. This could indicate their confidence in the companies' prospects. Earth Science Tech recently appointed a new CFO, Cosmos Health priced a $5.25 million registered direct offering and concurrent private placement, and RENN Fund has a 52-week high of $2.39.
July 25, 2023 | 12:41 pm
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Cosmos Health's CEO bought 181,451 shares at $2.48 each. The company recently priced a $5.25 million registered direct offering and concurrent private placement.
The CEO's purchase of shares, along with the recent pricing of a significant offering and private placement, suggests confidence in the company's financial stability and growth prospects. This could potentially lead to a short-term increase in the stock price.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Earth Science Tech's CEO bought 10,000 shares at $0.08 each. The company recently appointed a new CFO.
The CEO's purchase of shares indicates confidence in the company's prospects, especially following the appointment of a new CFO. This could potentially lead to a short-term increase in the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
RENN Fund's CEO bought 419 shares at $1.84 each. The company has a 52-week high of $2.39.
The CEO's purchase of shares indicates confidence in the company's prospects. Given the company's recent 52-week high, this could potentially lead to a short-term increase in the stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 100