GeoVax Labs And 3 Other Stocks Under $1 Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at four penny stocks, Aspen Group, Inc. (OTC:ASPU), Fortress Biotech, Inc. (NASDAQ:FBIO), Red Cat Holdings, Inc. (NASDAQ:RCAT), and GeoVax Labs, Inc. (NASDAQ:GOVX), have recently made notable purchases. Aspen Group recently closed a $12.4 million private placement. Fortress Biotech posted a narrower loss for Q2. Red Cat Holdings posted an in-line loss for Q1. GeoVax Labs and ProBioGen signed a landmark commercial license agreement for ProBioGen's AGE1.CR.pIX® suspension cell line.
September 28, 2023 | 12:29 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Aspen Group's director acquired 47,500 shares at $0.18 each. The company recently closed a $12.4 million private placement.
The insider purchase and the recent private placement could indicate confidence in the company's prospects, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Fortress Biotech's President, CEO and Chairman acquired 100,000 shares at $0.28 each. The company posted a narrower loss for Q2.
The insider purchase and the narrower Q2 loss could indicate a positive outlook for the company, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
GeoVax Labs' Chief Medical Officer acquired 9,653 shares at $0.52 each. The company and ProBioGen signed a landmark commercial license agreement.
The insider purchase and the landmark agreement with ProBioGen could indicate a positive outlook for the company, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Red Cat Holdings' COO acquired 10,000 shares at $0.97 each. The company posted an in-line loss for Q1.
While the insider purchase could indicate confidence in the company, the in-line Q1 loss may not significantly impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 100