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Insiders Are Actively Buying Lulu’s Fashion Lounge and 2 Other Stocks Under $3

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On Friday, the Dow Jones ended the day with a gain of approximately 250 points. Insiders buying or selling shares can provide insight into their confidence or concerns about a company’s future prospects. Investors and traders interested in penny stocks may want to consider this information when making investment or trading decisions.

Here are some recent notable insider transactions involving penny stocks. For more details, take a look at Benzinga’s insider transactions platform.

Lulu’s Fashion Lounge Holdings

  • Transaction: Director Michael J Mardy of Lulu’s Fashion Lounge Holdings, Inc. (LVLU) acquired a total of 10,000 shares at an average price of $2.10, amounting to approximately $21,000.
  • Recent News: Lulu’s Fashion Lounge reported disappointing quarterly results.
  • Business Description: Lulu’s Fashion Lounge Holdings Inc is a fashion brand catering to Millennial and Gen Z women.

Kingstone Companies

  • Transaction: Chief Operating Officer Meryl S Golden of Kingstone Companies, Inc. (KINS) acquired a total of 5,996 shares at an average price of $1.75, spending approximately $10,469.
  • Recent News: Kingstone Companies reported a larger-than-expected quarterly loss.
  • Business Description: Kingstone Companies Inc is a regional property and casualty insurance holding company offering insurance policies to small and mid-sized businesses as well as individuals.

ReWalk Robotics

  • Transaction: CFO Michael Lawless of ReWalk Robotics Ltd. (RWLK) acquired a total of 15,051 shares at an average price of $0.62, amounting to approximately $9,281.
  • Recent News: ReWalk Robotics reported disappointing quarterly results.
  • Business Description: ReWalk Robotics Ltd is a medical device company based in Israel.

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Check out These 3 Financial Stocks With Over 6% Dividend Yields Recommended By Wall Street’s Most Accurate Analysts

Don’t forget to visit our premarket coverage

Source: Benzinga.com

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