🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Insiders Buying IZEA Worldwide And 2 Other Penny Stocks

Published 14/12/2023, 14:11
© Reuters.  Insiders Buying IZEA Worldwide And 2 Other Penny Stocks
LSAK
-
IZEA
-
CCLD
-

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

The Dow Jones index closed higher by over 500 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.

Lesaka Technologies

  • The Trade: Lesaka Technologies, Inc. (NASDAQ: LSAK) Director Ali Mazanderani acquired a total of 322,476 shares an average price of $3.30. To acquire these shares, it cost around $1.06 million.
  • What’s Happening: On Nov. 7, the company posted upbeat quarterly sales results.
  • What Lesaka Technologies Does: Lesaka Technologies Inc provides payment solutions, transaction processing solutions, and financial technologies. The company operates two reportable segments: Merchant and Consumer.
IZEA Worldwide
  • The Trade: IZEA Worldwide, Inc. (NASDAQ: IZEA) CEO Edward H Murphy acquired a total of 2,000 shares at an average price of $2.19. To acquire these shares, it cost around $4,380.
  • What’s Happening: IZEA recently acquired advocate marketing platform Zuberance.
  • What IZEA Worldwide Does: IZEA Worldwide Inc is an online marketplace connecting marketers with the content creator that produce and distribute text, videos, and photos for marketers, blogs, and social media channels.
Check This Out: Jabil, Costco And 3 Stocks To Watch Heading Into Thursday

CareCloud

  • The Trade: CareCloud, Inc. (NASDAQ: CCLD) Director Lawrence S. Sharnak acquired a total of 25,000 shares at an average price of $0.71. The insider spent around $17,750 to buy those shares.
  • What’s Happening: On Nov. 2, CareCloud posted a profit for the third quarter.
  • What CareCloud Does: CareCloud Inc is a healthcare information technology company.

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

Latest comments

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.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.