5 Penny Stocks To Buy In December According To Insiders

Penny Stocks Insiders Decided To Buy This Month

Who doesn’t like to take advantage of cheap prices? When it comes to penny stocks, compared to companies like Apple or Amazon, their prices may seem like they offer a steep discount. You also can’t forget that you’re also more likely to be looking at an early-stage company than one with a long track record of successful operations. Albeit riskier, penny stocks can offer something that the higher-priced stocks usually cannot: significant gains quickly.

penny stocks, list of penny stocks, NYSE: PRTY, NYSE: LOV, NASDAQ: CPIX, NASDAQ: VYNE, NASDAQ: AESE, penny stocks to watch under $4, CPIX Form 4s, biotech penny stocks, penny stocks to watch

PennyStocks.com – PennyStocks

It’s more than possible to make money with penny stocks, and it isn’t difficult to develop the skills to do so. If you’re getting into this world of high volatility trading, there are a few things to keep in mind before you blindly dive in. The first thing is that you’re here to make money, not buy wallpaper.

How To Put Together A List Of Penny Stocks

What I mean by this is that even before you purchase a stock, have an exit strategy in mind and proper profit targets laid out. Don’t forget that even if you “sell too early,” there will likely be more chances to re-enter a trade if the trend is strong. Next, keep your emotions in check. Greed and fear can play prominent roles in trading.

More times than not, they end up resulting in holding onto a stock for too long or selling out/buying in too early. By taking a more robotic approach and sticking to your predetermined strategy, there are plenty of ways to consistently make money with penny stocks and not needing to rely on big home run trades to fuel your portfolio’s growth.

Finally, research, research, research. This is a cornerstone to finding the top stocks for your watch list. Understanding news, finding details regarding upcoming events, and digging through filings help build a robust list of penny stocks to watch. This article will look at five companies that saw insider buying in December.

Penny Stocks To Buy According To Insiders

Party City Holdco (NYSE: PRTY)

Shares of Party City have flirted with the upper end of the penny stock range for the last few sessions. The party supply company’s stock reached lows of $5.13 last week amid the broader stock market sell-off. Fears of a repeat 2020’s pandemic flooded the market and triggered an exit from retail stocks. Since then, however, PRTY stock has managed to rebound strongly at the start of the week. What’s more, Wall Street firms are becoming more bullish on the former penny stock. Friday, S&P upgraded the company to B with an outlook of Stable.

PRTY Stock Insider Buying

Late last week, Clifford Sosin filed a Form 4 showing an indirect purchase of PRTY stock. In total, via Sosin’s affiliated investment funds, 470,000 shares were purchased. The trading was done on December 1 at an average price per share of $5.3198. This also brought Sosin’s total holdings to over 16.4 million shares.

penny stocks, list of penny stocks, NYSE: PRTY, NYSE: LOV, NASDAQ: CPIX, NASDAQ: VYNE, NASDAQ: AESE, penny stocks to watch under $4, CPIX Form 4s, biotech penny stocks, penny stocks to watch

Spark Networks (NYSE: LOV)

Shares of Spark Networks have enjoyed a strong move over the last few weeks. If you’ve read our previous updates, LOV stock was mentioned in an article last month discussing penny stocks insiders were buying in November. At the time, a 10% owner in LOV stock, Osmium Partners, added to its already significant position picking up more than 1.65 million shares at average prices between $2.50 and $2.69. Spark offers social dating platforms and associated brands. Its portfolio includes Zoosk, Christian Mingle, Silver Singles, Elite Singles, and Jdate.

LOV Stock Insider Buying

Once again, Osmium Partners is in the spotlight for insider buying activities. The firm purchased over 100,000 shares of LOV stock between December 1 and December 3 at average prices ranging from $3.10 to $3.21. As of its most recent purchase, Osmium reported an indirect ownership stake of more than 2.5 million shares.

penny stocks, list of penny stocks, NYSE: PRTY, NYSE: LOV, NASDAQ: CPIX, NASDAQ: VYNE, NASDAQ: AESE, penny stocks to watch under $4, CPIX Form 4s, biotech penny stocks, penny stocks to watch

Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX)

Last week we discussed Cumberland Pharmaceuticals on a list of penny stocks to watch under $4. Since then, CPIX stock has continued its bullish move in December. One of the significant catalysts for the biotech company came after it reported that the FDA approved expanded labeling for its Caldolor, an intravenously delivered ibuprofen. In addition to this, with the omicron variant commanding headlines this month, we discussed another side to Cumberland. Its Vibativ (telavancin) platform has shown some COVID-related success.

– 3 Penny Stocks to Watch As Omicron Variant Fears Wane

This summer, Cumberland released a series of case studies outlining Vibativ in treating secondary bacterial infections in patients. Dr. Joseph Reilly, a clinical pharmacist specialist for infectious disease and critical care at AtlantiCare Regional Medical Center in Pomona, N.J., provided two COVID-19 patient cases for the dossier.  He also explained in a June release that “These cases illustrate the clear need for an antibiotic like telavancin, which rapidly and effectively eradicates secondary bacterial pneumonia that can develop in patients with COVID.”

CPIX Stock Insider Buying

Last week, a series of Form 4s filed by officers and directors of Cumberland showed insider buying activities throughout November. Since the final purchases in the series of trades were made on November 30, the official filings came out at the start of December. You can view all of those CPIX Form 4s to see the details for yourself. However, one thing to understand is that most of these purchases were made as part of a Rule 10b5-1 trading plan adopted during March 2021.

penny stocks, list of penny stocks, NYSE: PRTY, NYSE: LOV, NASDAQ: CPIX, NASDAQ: VYNE, NASDAQ: AESE, penny stocks to watch under $4, CPIX Form 4s, biotech penny stocks, penny stocks to watch

Vyne Therapeutics (NASDAQ: VYNE)

Another one of the biotech penny stocks on this list is Vyne Therapeutics. The company specializes in developing treatments for immuno-inflammatory conditions. Its lead BET inhibitor candidate, VYN201, is expected to enter the clinic next year. This is in addition to an already robust pipeline of other candidates under development.

In the company’s most recent corporate update, Vyne’s CEO, David Domzalski, said that VYN201 demonstrated “a strong ability to effect multiple pro-inflammatory pathways while also appearing to be well tolerated in animal models. As we move toward 2022, creating shareholder value remains front and center for our company, and we look forward to our Phase 2a data readout for FMX114 in Q1 2022 and advancing our lead BET inhibitor candidates.”

This seems to have prompted interest from analysts this month. HC Wainwright recently put a Buy rating on the penny stock along with a price target of $7.

VYNE Stock Insider Buying

In addition, Vyne has also seen insiders growing bullish on the penny stock. Last week, a new Form 4 was filed. It showed Director Patrick Lepore picked up 12,500 shares at an average price of $1.0159. According to the footnotes of the filing, shares were purchased pursuant to a 10b5-1 plan entered into on April 21, 2021. This latest buy brought Lepore’s position to more than 60,000.

penny stocks, list of penny stocks, NYSE: PRTY, NYSE: LOV, NASDAQ: CPIX, NASDAQ: VYNE, NASDAQ: AESE, penny stocks to watch under $4, CPIX Form 4s, biotech penny stocks, penny stocks to watch

Allied Esports Entertainment Inc. (NASDAQ: AESE)

Esports and metaverse stocks have been in focus throughout the second half of the fourth quarter this year. Virtual reality, augmented reality, and digital assets are gaining momentum. Allied Esports specializes in different facets of the budding online gaming ecosystem.

– 5 Penny Stocks To Buy For Under $5 Right Now

In particular, since the sale of its World Poker Tour asset to Element Partners earlier this year, Allied has been looking at strategic alternatives to leverage its position in the digital arena. The company expressly stated that it has sped up its plan for exploring different options for the esports business including its sale. Allied said in its corporate update last month that, “The Company has been in contact with a number of investment banks to assist in the process and expects to officially engage a firm in the near future.”

With a question mark on Allied Esports as a company, speculation may have helped drive momentum for AESE stock in the meantime.

AESE Stock Insider Buying

Last week, Knighted Passtures LLC, a 10% owner, reported the purchase of more than 1 million shares of AESE stock. From November 30 to December 2, the firm bought shares at average prices ranging from $1.80 to $1.87. With an apparent bullishness from firms like Knighted, it will be interesting to see how this story unfolds.

penny stocks, list of penny stocks, NYSE: PRTY, NYSE: LOV, NASDAQ: CPIX, NASDAQ: VYNE, NASDAQ: AESE, penny stocks to watch under $4, CPIX Form 4s, biotech penny stocks, penny stocks to watch

Penny Stocks To Buy Or Avoid

As discussed above, research is key. Obviously, insiders purchasing shares can be seen as a bullish event. However, that isn’t the only item to put on your list of “important events” to consider. Regardless, insider trading has been a gauge to understand how the company or interested parties feel about the future prospects. Will these be on your list of penny stocks to watch heading into the new year?

News Related

OTHER NEWS

The Zacks Analyst Blog Highlights: AbbVie, Edwards Lifesciences and Johnson Controls International

For Immediate Release Chicago, IL – January 27, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the ... Read more »

Check Out These Resources for Aspiring Entrepreneurs

While there are plenty of free resources online to glean good advice about different aspects of business, reading a bunch of articles isn’t exactly going to get you over the ... Read more »

3 Reasons Growth Investors Will Love Chevron (CVX)

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market’s attention and produce exceptional returns. But finding a great growth stock is ... Read more »

SL Green's (SLG) Q4 FFO and Revenues Fall Shy of Estimates

SL Green Realty Corp. SLG delivered fourth-quarter 2021 funds from operations (FFO) per share of $1.52, lagging the Zacks Consensus Estimate of $1.57. Further, the reported figure compares unfavorably with ... Read more »

After the Sell-Off, are Growth Stocks now Values?

– Zacks (0:45) – Finding Attractive Value Stocks During The Market Sell Off (4:30) – Breaking Down Current Valuations On High Flying Growth Stocks: Top Stock Picks (19:10) – Episode ... Read more »

5 Ways to Make the Most of Professional-Development Workshops

If you’re a corporate manager, you know that talent needs constant updating of their skillsets — perhaps most importantly people skills, including leadership, communication and teamwork. In the days of ... Read more »

The Zacks Analyst Blog Highlights: NVIDIA Corp, Qualcomm, Broadcom, Advanced Micro Devices and Analog Devices

For Immediate Release Chicago, IL – January 27, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the ... Read more »

4 ‘Must Watch' Penny Stocks Making Big Moves After Latest News

What’s going on in the stock market today? You probably know that things have been very volatile if you’ve been watching the trading action over the last month. And no ... Read more »

Looking for a Growth Stock? 3 Reasons Why Vertex (VRTX) is a Solid Choice

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market’s attention and produce exceptional returns. But finding a great growth stock is ... Read more »

Is the Rate-Related Rout in Tech ETFs Over?

The Nasdaq, heavy on technology and growth stocks, has been downbeat this year. The index is now off more than 10% from its November record, ensuring the fact that it ... Read more »

DraftKings (DKNG) Surges 5.2%: Is This an Indication of Further Gains?

DraftKings DKNG shares rallied 5.2% in the last trading session to close at $20.33. This move can be attributable to notable volume with a higher number of shares being traded ... Read more »

Is NMI Holdings (NMIH) a Solid Growth Stock? 3 Reasons to Think " Yes "

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market’s attention and produce exceptional returns. But finding a growth stock that can ... Read more »

Groupon (GRPN) Moves 20% Higher: Will This Strength Last?

Groupon GRPN shares soared 20% in the last trading session to close at $26.68. The move was backed by solid volume with far more shares changing hands than in a ... Read more »

Crown Castle's (CCI) Q4 FFO and Revenue Surpass Estimates

Crown Castle International Corp.’s CCI fourth-quarter 2021 adjusted funds from operations (AFFO) per share of $1.77 surpassed the Zacks Consensus Estimate of $1.71. However, the figure was 26.6% lower than ... Read more »

The Zacks Analyst Blog Highlights: Tesla and Intel

For Immediate Release Chicago, IL – January 27, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the ... Read more »

Murphy Oil (MUR) Q4 Earnings Lag, Revenues & Dividends Rise Y/Y

Murphy Oil Corporation MUR posted fourth-quarter 2021 adjusted net income of 40 cents per share, missing the Zacks Consensus Estimate of 47 cents by 14.9%. However, the bottom line bounced ... Read more »

The Zacks Analyst Blog Highlights: Five Below, Zumiez, Signet Jewelers and Tilly's

For Immediate Release Chicago, IL – January 27, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the ... Read more »

Why the stock market hates the idea of rising interest rates

Traders work on the floor of the New York Stock Exchange at the opening bell Jan. 25, 2022. TIMOTHY A. CLARY | AFP | Getty Images The specter of rising ... Read more »

Still no decision on Norway's new central bank governor

The Norwegian Ministry of Finance now had more than a month to put a new central bank governor in place. The current central bank governor, Øystein Olsen, is scheduled to ... Read more »

Most Americans say work and life balance is more important than a higher salary. How to manage if you need to take a pay cut

Westend61 | Westend61 | Getty Images The pandemic has upended millions of American lives, and for many has made them reconsider priorities around work. That's prompted many to quit jobs ... Read more »

Elon Musk Reportedly Offered a 19-Year-Old $5,000 to Delete His Twitter Account

Elon Musk has been vocal lately about the dangers of his travel schedule being made public, particularly for his family’s safety. Theo Wargo | Getty Images Earlier this month, one Twitter ... Read more »

A. O. Smith (AOS) Q4 Earnings & Revenues Beat Estimates

A. O. Smith Corporation AOS has reported better-than-expected fourth-quarter 2021 results, wherein adjusted earnings of 87 cents per share beat the Zacks Consensus Estimate of 77 cents. The bottom line ... Read more »

Clorox (CLX) to Report Q2 Earnings: What's in the Offing?

The Clorox Company CLX is expected to report a year-over-year decline in its top and bottom lines when it releases second-quarter fiscal 2022 results on Feb 3, after market close.The ... Read more »

Why Earnings Season Could Be Great for Sensata Technologies (ST)

Investors are always looking for stocks that are poised to beat at earnings season and Sensata Technologies Holding plc ST, may be one such company. The firm has earnings coming ... Read more »

4 Consumer Defensive Stocks to Buy to Protect Your Portfolio as the Nasdaq Enters Correction Territory

Concerns over high inflation and the Federal Reserve’s plan to raise interest rates has led to the tech-heavy Nasdaq into correction territory lately. Therefore, we think it could be wise ... Read more »

ServiceNow (NOW) Q4 Earnings & Revenues Surpass Estimates

ServiceNow NOW reported fourth-quarter 2021 adjusted earnings of $1.46 per share, which beat the Zacks Consensus Estimate by 2.1% and improved 24.8% year over year.Revenues of $1.61 billion surpassed the ... Read more »

AmerisourceBergen (ABC) to Post Q1 Earnings: What's in Store?

AmerisourceBergen Corporation ABC is scheduled to release first-quarter fiscal 2022 results on Feb 2, before the opening bell.In the last reported quarter, the company delivered an earnings surprise of 1.3%. ... Read more »

Thermo Fisher (TMO) Base Sales Rebound, Bioproduction in Focus

Thermo Fisher Scientific, Inc. TMO is rapidly boosting its inorganic growth profile through strategic acquisitions. Its strong focus on emerging markets is also encouraging. The stock has a Zacks Rank ... Read more »

GDP Grew Better than Expected in Q4

We have lots of economic data to absorb this morning, from jobless claims to Durable Goods Orders to a new GDP print. Most of this hits the tape better than ... Read more »

This is Why Horizon Bancorp (HBNC) is a Great Dividend Stock

Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor’s dream. However, when you’re an income investor, your primary ... Read more »

What's in Store for Quest Diagnostics (DGX) in Q4 Earnings?

Quest Diagnostics Incorporated DGX is scheduled to report fourth-quarter 2021 earnings on Feb 3, before the opening bell. – Zacks In the last reported quarter, the company’s earnings of $3.96 outpaced ... Read more »

Inflation Is a Risk for Your Business, But Doesn't Have to Spell Doom

Even if the pandemic and attendant quarantine measures begin to relax, businesses must nevertheless prepare for the possibility of continued and significant inflation.  Inflation has a lot of consequences on the economy. ... Read more »

Southwest (LUV) Q4 Earnings Beat Mark, Revenues Surge Y/Y

Southwest Airlines LUV reported fourth-quarter 2021 earnings (excluding 3 cents from non-recurring items) of 14 cents per share, which surpassed the Zacks Consensus Estimate of 5 cents. This marks the ... Read more »

Why First Guaranty Bancshares (FGBI) is a Top Dividend Stock for Your Portfolio

Whether it’s through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you’re an income investor, your primary focus is ... Read more »

Whirlpool (WHR) Q4 Earnings Surpass Estimates, Sales Miss

Whirlpool Corporation WHR posted mixed fourth-quarter 2021 results, wherein earnings beat the Zacks Consensus Estimate, while the top line missed the same. Sales increased marginally, while earnings took a dive.The ... Read more »

Is Blue Apron Holdings a Buy Under $10?

Home-meal specialist Blue Apron (APRN) has been making several operational improvements, but its losses widened in the third quarter. So, let’s discuss if it is wise to buy the stock, ... Read more »

U.S. Economy Grew 5.7% In 2021, Fastest Rate Since Reagan Days

The U.S. Economy had a strong recovery from the Covid mayhem by the end of 2021 as the gross domestic product grew 5.7%. This is the fastest growth rate since ... Read more »

Brand-New Isn't Always Better: This Is Why You Need an Aged Domain

Startup founders too often neglect the power of a domain’s age, history and authority. Aged domains, also called expired domains in the SEO community, are an enormous competitive advantage that anyone ... Read more »

Plan now to avoid a tax bomb later. Why your asset location matters

skynesher Whether you're a beginner or seasoned investor, you need to consider asset location, as income in some accounts can trigger a surprise tax bill. While your 401(k) plan or ... Read more »

Business Leaders Are Critical to the Success of AI

As commerce has become paramount to the progress of modern civilization, it is safe to infer that the overall success of artificial intelligence (AI) will largely depend on how well it’s ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic