Charge Enterprises And 3 Other Stocks Under $1 Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at four penny stocks have recently made notable purchases. Vivani Medical Inc's (NASDAQ:VANI) Director acquired 13,997 shares at an average price of $0.95, following a wider-than-expected quarterly loss. Pacific Health Care Organization, Inc. (OTC:PFHO) CEO and President bought 54,047 shares at an average price of $0.82, after the company reported net income of $176,427 for Q2 2023. Charge Enterprises, Inc. (NASDAQ:CRGE) Director purchased 44,000 shares at an average price of $0.48, following a change in leadership. Bone Biologics Corporation (NASDAQ:BBLG) CEO bought 9,500 shares at an average price of $0.69, after the company priced its public offering of 2.54 million shares at $1.97 per share.
September 13, 2023 | 12:57 pm
News sentiment analysis
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POSITIVE IMPACT
Bone Biologics' CEO bought a significant number of shares following the pricing of a public offering.
The CEO's purchase of shares following the pricing of a public offering could indicate confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Charge Enterprises' Director bought a significant number of shares following a change in leadership.
The Director's purchase of shares following a change in leadership could indicate confidence in the new management's ability to drive the company's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Pacific Health Care's CEO and President bought a significant number of shares following a positive Q2 2023 report.
The CEO and President's purchase of shares following a positive quarterly report could indicate confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Vivani Medical's Director made a significant purchase of shares following a wider-than-expected quarterly loss.
Insider buying often indicates confidence in a company's prospects. Despite the recent wider-than-expected loss, the Director's purchase could signal a positive outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100