The Dow Jones index closed higher by over 100 points on Thursday. Insider transactions can signal confidence or concern around a company’s prospects, offering valuable insight for investors in the penny stock realm.

Let’s delve into some recent notable insider transactions for penny stocks:

Executive Moves at Entravision Communications

• The Trade: Entravision Communications CEO acquired 100,000 shares at an average price of $1.67.
• What’s Happening: Positive quarterly sales reported on March 5.
• What Entravision Communications Does: Global media company with integrated marketing and media solutions.

Revitalizing AmBase

• The Trade: AmBase Corporation 10% owner acquired over 44 million shares at an average price of $0.20.
• What’s Happening: Stock surged around 42% in the past month.
• What AmBase Does: U.S.-based holding company with interests in real estate development.

Innovative Strategy at Charles & Colvard

• The Trade: President and CEO of Charles & Colvard acquired 15,000 shares at an average price of $0.37.
• What’s Happening: Quarterly loss of 9 cents per share reported on Feb. 13.
• What Charles & Colvard Does: Manufacturer and distributor of finished jewelry and moissanite gemstone products.

Strategic Growth at CommScope Holding

• The Trade: Director of CommScope Holding acquired 15,000 shares at an average price of $1.05.
• What’s Happening: Plans announced to boost U.S.-based manufacturing capabilities for fiber connectivity products.
• What CommScope Holding Does: Provider of infrastructure solutions for communication, data center, and entertainment networks.