Byrna Technologies And 2 Other Penny Stocks Insiders Are Buying

Author: Lisa Levin | October 24, 2023 06:43am

The Dow Jones closed lower by around 190 points on Monday. 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.

Byrna Technologies

The Trade: Byrna Technologies Inc. (NASDAQ:BYRN) CFO David North acquired a total of 1,200 shares an average price of $4.00. To acquire these shares, it cost around $4,800.
What’s Happening: Byrna Technologies posted a loss for the third quarter.
What Byrna Technologies Does: Byrna Technologies Inc is a designer, manufacturer, retailer and distributor of technological solutions for security situations that do not require the use of lethal force.

BrightRock Gold

The Trade: BrightRock Gold Corp. (OTC:BRGC) Chairman/CEO Mahmood Shahsavar Jamshidi acquired a total of 32,000 shares at an average price of $0.54. To acquire these shares, it cost around $17,280.
What’s Happening: The company’s stock jumped 72% over the past six months.
What BrightRock Gold Does: BrightRock Gold Corp operates in gold and silver industry in Ghana.

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Butler National

The Trade: Butler National Corporation (OTC:BUKS) 10% owner Joseph Patrick Daly acquired a total of 55,000 shares at an average price of $0.64. The insider spent $35,050 to buy those shares. The company’s Vice President Joe A. Peters also bought 15,000 shares.
What’s Happening: Butler National disclosed the acquisition of KC Machine, a recognized provider of high-quality precision machine parts.
What Butler National Does: Butler National Corp is engaged in designing, manufacturing and selling, installing, repairing, modifying, overhauling, servicing and distributing a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems.

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Posted In: BRGC BUKS BYRN