Byrna Technologies And 2 Other Penny Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at Byrna Technologies, BrightRock Gold Corp, and Butler National Corporation have recently purchased shares in their respective companies. Byrna Technologies' CFO acquired 1,200 shares at an average price of $4.00, following a Q3 loss. BrightRock Gold's Chairman/CEO bought 32,000 shares at an average price of $0.54, as the company's stock jumped 72% over the past six months. Butler National's 10% owner and Vice President bought a total of 70,000 shares at an average price of $0.64, after the company disclosed the acquisition of KC Machine.
October 24, 2023 | 10:43 am
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POSITIVE IMPACT
BrightRock Gold's Chairman/CEO bought 32,000 shares at $0.54 each as the stock jumped 72% over the past six months.
The CEO's purchase, combined with the recent stock price increase, could indicate a positive outlook for the company and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Butler National's 10% owner and Vice President bought a total of 70,000 shares at $0.64 each after the company disclosed the acquisition of KC Machine.
The insiders' purchases could indicate confidence in the company's future following the acquisition, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Byrna Technologies' CFO bought 1,200 shares at $4.00 each after a Q3 loss.
The CFO's purchase could indicate confidence in the company's future despite the recent loss. However, it's unclear how this will affect the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100