Ondas Holdings And 2 Other Stocks Under $2 Insiders Are Buying – Qurate Retail (NASDAQ:QRTEA)

The Dow Jones index experienced a significant drop of over 600 points on Thursday. Insider transactions, where company officials buy or sell shares, can provide insight into their confidence or concerns about the company’s future. For investors and traders interested in penny stocks, these transactions can be a valuable factor to consider when making investment decisions.

Here are a few recent notable insider transactions for penny stocks:

1. Qurate Retail:
– The Trade: Qurate Retail, Inc. President/CEO David Rawlinson purchased 100,000 shares at an average price of $0.72, costing around $71,878.
– What’s Happening: On May 8, Qurate Retail reported disappointing quarterly sales.
– What Qurate Retail Does: Qurate Retail Inc is involved in the video and online commerce industries.

2. Ondas Holdings:
– The Trade: Ondas Holdings Inc. Director Joseph V Popolo bought 100,000 shares at an average price of $0.78, spending around $78,232.
– What’s Happening: On May 15, Ondas Holdings announced an in-line loss for its first quarter.
– What Ondas Holdings Does: Ondas Holdings Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology.

3. OPKO Health:
– The Trade: OPKO Health, Inc. 10% owner Frost Gamma Investments Trust acquired 100,000 shares at an average price of $1.27, totaling around $126,937.
– What’s Happening: On May 7, OPKO Health reported first-quarter financial results that fell below expectations.
– What OPKO Health Does: OPKO Health Inc is a diversified biotechnology company involved in pharmaceutical and diagnostic development programs.

For more insights into insider transactions, check out Benzinga’s platform. Remember to do your own research and consider all factors before making any investment decisions.