Insiders Are Buying These 5 Penny Stocks

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This article presents an overview of Insiders Are Buying These 5 Penny Stocks. For a detailed overview of the 15 such stocks read our article, Insiders Are Buying These 11 Penny Stocks.

5. Gain Therapeutics Inc (NASDAQ:GANX)

Number of Hedge Fund Investors: 5

Maryland-based biotechnology company Gain Therapeutics Inc (NASDAQ:GANX) ranks fifth in our list of the penny stocks with latest insider purchases. On March 28, Jeffrey Riley, a board member at Gain Therapeutics Inc (NASDAQ:GANX), bought 30,000 shares of Gain Therapeutics Inc (NASDAQ:GANX) at $3.86 per share. Since then the stock is up 1.6%.

As of the end of the fourth quarter of 2023, five hedge funds in Insider Monkey’s database had stakes in Gain Therapeutics Inc (NASDAQ:GANX).

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