Revelation Biosciences And 2 Other Penny Stocks Insiders Are Buying

Author: Lisa Levin | April 20, 2023 07:38am

The Dow Jones closed lower by around 80 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform.

Revelation Biosciences

• The Trade: Revelation Biosciences, Inc. (NASDAQ:REVB) Director George F Tidmarsh acquired a total 51,500 shares an average price of $1.16. To acquire these shares, it cost around $59.74 thousand.
• What’s Happening: Revelation Biosciences posted a wider-than-expected Q4 loss.
• What Revelation Biosciences Does: Revelation Biosciences Inc is a clinical-stage life sciences company focused on the development of immunologic-based therapies for the prevention and treatment of disease.

Earth Science Tech

• The Trade: Earth Science Tech, Inc. (OTC:ETST) CEO Giorgio R Saumat acquired a total of 9,709 shares at an average price of $0.04. The insider spent around $388.74 to buy those shares.
• What’s Happening: Earth Science Tech recently said that its wholly owned subsidiary, RxCompoundStore.com, LLC, has received approval to fulfill in the States of Nevada, Delaware, and Pennsylvania.
• What Earth Science Tech Does: Earth Science Tech Inc is a biotechnology company. The company is engaged in research and development for hemp cannabinoid (CBD), nutraceutical, pharmaceutical, and medical device.

Check This Out: Top 5 Tech And Telecom Stocks That May Explode This Month

flooidCX

• The Trade: flooidCX Corp. (OTC:FLCX) CEO Dennis M Danzik acquired a total of 1,500 shares at an average price of $3.45. To acquire these shares, it cost around $5.17 thousand.
• What’s Happening: The company’s shares jumped 330% over the past month.
• What flooidCX Does: FlooidCX Corp acts as an online complaint resolution platform for consumers and businesses. The company offers unified communications and collaboration in online CRM solutions - GripeVine and Resolution1.

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Posted In: ETST FLCX REVB