Container Store Group And 2 Other Penny Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at Container Store Group, Nuo Therapeutics, and RENN Fund have recently made notable purchases of their companies' stocks. Container Store Group's CFO acquired 3,860 shares at an average price of $2.60, following worse-than-expected Q1 results. Nuo Therapeutics' 10% owner bought 62,500 shares at an average price of $2.00, amid a 22% stock decline over the past month. RENN Fund's CEO and President purchased 419 shares at an average price of $1.85, as the company's shares have gained around 2% since the start of the year.
August 07, 2023 | 1:09 pm
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NEUTRAL IMPACT
Nuo Therapeutics' 10% owner bought 62,500 shares at $2.00 each, amid a 22% stock decline over the past month.
The 10% owner's purchase could indicate confidence in the company's future despite the recent stock decline. However, it's unclear how this will affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
RENN Fund's CEO and President bought 419 shares at $1.85 each, as the company's shares have gained around 2% since the start of the year.
The CEO and President's purchase could indicate confidence in the company's future. However, it's unclear how this will affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Container Store Group's CFO bought 3,860 shares at $2.60 each, following worse-than-expected Q1 results.
The CFO's purchase could indicate confidence in the company's future despite the poor Q1 results. However, it's unclear how this will affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100