the dow jones closed higher by around 200 points on thursday 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 ideanomics inc ceo alfred poor bought a total of 400000 shares at an average price of 025 to acquire these shares it cost around 100 thousand   what’s happening ideanomics reported spinout of its justly and timios subsidiaries   what ideanomics does ideanomics inc is a global company that facilitates the adoption of commercial electric vehicles and supports nextgeneration financial services and fintech products   the trade star equity holdings inc executive chairman jeffrey e eberwein acquired a total of 19450 shares at an average price of 101 the insider spent around 1955 thousand to buy those shares   what’s happening the company during august posted downbeat quarterly earnings   what star equity holdings does star equity holdings inc is a diversified holding company with three divisions healthcare construction and investments healthcare division which operates as digirad health and provides products and services in the area of nuclear medical imaging with a focus on cardiac health what wall streets top analysts say about cocacola pepsico and other big beverage stocks reporting earnings don’t forget to check out our premarket coverage here    the trade applied blockchain inc ceo chairman wes cummins frank igwealor acquired a total of 20000 shares at an average price of 222 to acquire these shares it cost around 444 thousand   what applied blockchain does applied blockchain inc is an ethereum and altcoin mining company