Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
Some energy companies, including a supermajor, have seen some insider buying.
Chief executive officers were among those stepping up to the buy window during the week.
When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Companies Reporting Before The Bell
• ASML Holding (NASDAQ:ASML) is likely to report quarterly earnings at $3.02 per share on revenue of $4.60 billion.