Terran Orbital and 2 other Penny Stocks insiders are buying aggressively

The Dow Jones closed slightly lower on Monday. When insiders buy or sell stocks, it indicates their confidence or concern about the prospects of the company. Investors and traders interested in penny stocks may consider this as a factor in their overall investment or trading decision.

Below is an overview of some recent notable insider trades for penny stocks. For more information, see the Benzinga Insider Trading platform.

brightcove The Trade: Brightcove Inc. BCOV 10% owner Jonathan Brolin acquired a total of 10,000 shares at an average price of $3.94. To acquire these shares, it cost approximately $39,352. What is going on ? Brightcove reported first-quarter EPS and sales results below expectations. What Brightcove does: Brightcove Inc is a cloud-based service provider for the video ecosystem. Earth orbital The Trade: Terran Orbital Corporation LLAP SVP, Corporate Development Jonathan Siegmann acquired a total of 20,000 shares at an average price of $1.27. The insider spent approximately $25,400 to purchase these shares. What's happening: Safran and Terran Orbital have signed a memorandum of understanding to produce electric propulsion systems for satellites in the United States. What Terran Orbital does: Terran Orbital Corp is a vertically integrated provider of end-to-end satellite solutions. Heliogen The Trade: Heliogen, Inc. Patrick Soonshiong, 10% owner of HLGN, acquired a total of 634,251 shares at an average price of $0.23. To acquire these shares, it cost approximately $146,068. What's happening: Heliogen and NantG Power have announced a strategic collaboration to innovate the design of solar thermal calcining. What Heliogen does: Heliogen Inc is a concentrated solar power system being developed to unleash the power of sunlight to replace fossil fuels.

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