Insiders Are Buying These 5 Penny Stocks

2. ALTUS Power Inc (NYSE:AMPS)

Number of Hedge Fund Investors: 14

Clean energy solutions company ALTUS Power Inc (NYSE:AMPS) ranks second in our list of the penny stocks with latest insider purchases. ALTUS Power Inc’s (NYSE:AMPS) co-founder and co-CEO Gregg Felton on March 28 bought 12,500 shares of ALTUS Power Inc (NYSE:AMPS) at $4.78 per share. Since then the stock is up 1%.

As of the end of the last quarter of 2023, 14 hedge funds out of the 933 funds in Insider Monkey’s database had stakes in ALTUS Power Inc (NYSE:AMPS).