Cidara Therapeutics And 3 Other Stocks Under $3 Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at four penny stocks, Dalrada Financial Corporation (OTC:DFCO), Gaia, Inc. (NASDAQ:GAIA), Cidara Therapeutics, Inc. (NASDAQ:CDTX), and Augusta Gold Corp. (OTC:AUGG), have recently made notable purchases. Dalrada's CEO acquired 15,000 shares, Gaia's Director bought 9,000 shares, Cidara's President and CEO purchased 50,000 shares, and Augusta's Executive Chairman bought 30,000 shares. These transactions may indicate the insiders' confidence in their companies' prospects.

August 09, 2023 | 12:53 pm
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POSITIVE IMPACT
Augusta Gold's Executive Chairman acquired 30,000 shares, potentially indicating confidence in the company's prospects.
Insider purchases often indicate confidence in a company's prospects. The Executive Chairman's acquisition of 30,000 shares could suggest a positive outlook for Augusta Gold.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Cidara Therapeutics' President and CEO acquired 50,000 shares, potentially indicating confidence in the company's prospects despite a wider-than-expected quarterly loss.
Despite a wider-than-expected quarterly loss, Cidara Therapeutics' CEO's acquisition of 50,000 shares could suggest a positive outlook for the company.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Dalrada Financial's CEO acquired 15,000 shares, potentially indicating confidence in the company's prospects.
Insider purchases often indicate confidence in a company's prospects. The CEO's acquisition of 15,000 shares could suggest a positive outlook for Dalrada Financial.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Gaia's Director acquired 9,000 shares, potentially indicating confidence in the company's prospects despite a wider-than-expected Q2 loss.
Despite a wider-than-expected Q2 loss, Gaia's Director's acquisition of 9,000 shares could suggest a positive outlook for the company.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100