🌎 30+ NEW AI-picked share strategies for exciting international marketsUnlock Global AI Picks

2U And 3 Other Stocks Under $4 Insiders Are Buying

Published 15/12/2023, 14:00
© Reuters.  2U And 3 Other Stocks Under $4 Insiders Are Buying

© Reuters. 2U And 3 Other Stocks Under $4 Insiders Are Buying

CXDO
3.93%
TWOUQ
0.00%

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

The Dow Jones index closed higher by over 150 points on Thursday. 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.

Delcath Systems

  • The Trade: Delcath Systems, Inc. (NASDAQ: DCTH) Chief Medical Officer Vojo Vukovic acquired a total of 40,000 shares an average price of $3.00. To acquire these shares, it cost around $120,000.
  • What’s Happening: On Nov. 13, Delcath Systems posted downbeat quarterly results.
  • What Delcath Systems Does: Delcath Systems Inc is an oncology company. It is focused on the treatment of primary and metastatic liver cancers.
2U
  • The Trade: 2U, Inc. (NASDAQ: TWOU) Chief Product Officer Aaron McCullough acquired a total of 51,565 shares at an average price of $0.99. To acquire these shares, it cost around $50,895.
  • What’s Happening: 2U, last month, reported mixed third-quarter financial results and cut 2023 revenue guidance.
  • What 2U Does: 2U Inc provides educational technology services for nonprofit colleges and universities.
Check This Out: Top 4 Energy Stocks Which Could Rescue Your Portfolio This Month

Crexendo

  • The Trade: Crexendo, Inc. (NASDAQ: CXDO) Chief Revenue Officer Jon Brinton acquired a total of 2,000 shares at an average price of $3.03. The insider spent around 6,050 to buy those shares.
  • What’s Happening: On Nov. 9, Crexendo posted better-than-expected third-quarter earnings.
  • What Crexendo Does: Crexendo Inc is a provider of cloud communications, UCaaS, call center, collaboration services, and other cloud business services.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.
Elys Game Technology
  • The Trade: Elys Game Technology, Corp. (OTC: ELYS) 10% owner Gold Street Capital Corp acquired a total of 807,530 shares at an average price of $0.16. The insider spent around $129,205 to buy those shares.
  • What’s Happening: On Nov. 7, Elys Game Technology announced a market access agreement with Caesars Entertainment that unlocks immediate access to the lucrative Colorado sports betting market.
  • What Elys Game Technology Does: Elys Game Technology Corp is a fastest growing and technologically advanced Sports Betting and virtual sports betting products provider in the regulated business to business and business to consumer markets.

Don’t forget to check out our premarket coverage here

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Should you invest $2,000 in CXDO right now?

Before you buy stock in CXDO, consider this: ProPicks AI are 6 easy-to-follow model portfolios created by Investing.com for building wealth by identifying winning stocks and letting them run. Over 150,000 paying members trust ProPicks to find new stocks to buy – driven by AI. The ProPicks AI algorithm has just identified the best stocks for investors to buy now. The stocks that made the cut could produce enormous returns in the coming years. Is CXDO one of them?

Reveal Undervalued Stocks Now

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.