the dow jones surged by more than 800 points on friday investors meanwhile focused on some notable insider trades when insiders purchase or sell shares it indicates their confidence or concern around the companys 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 benzingas insider transactions platform3   the trade opko health inc chief innovation officer gary nabel acquired a total of 240000 shares at an average price of 249 to acquire these shares it cost around 59739 thousand   what’s happening the company last month said it swung to a loss in the first quarter   what opko health does opko health inc is a diversified biotechnology company that operates pharmaceutical and diagnostic development programs   the trade bitnile holdings inc 10 owner milton c ault iii acquired a total of 225000 shares at an average price of 029 the insider spent around 6453 thousand to buy those shares   what’s happening the company last month posted a sharp rise in quarterly sales   what bitnile holdings does bitnile holdings inc is a diversified holding company owning subsidiaries engaged in commercial and defence solutions commercial lending and data centre operations in north america europe the middle east and internationally also check this nike jefferies  3 stocks to watch heading into monday don’t forget to check out our premarket coverage here    the trade nn inc 10 owner hjalmar eric soderlund acquired a total of 68083 shares at an average price of 234 to acquire these shares it cost around 15923 thousand   what’s happening the company last month posted upbeat quarterly sales   what nn does nn inc is a diversified industrial company that combines advanced engineering and production capabilities with indepth materials science expertise to design and manufacture highprecision solutions and components