Performant Financial Corporation

The Dow Jones closed slightly lower on Friday. 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. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Paramount Gold Nevada The Trade: Paramount Gold Nevada Corp. (NYSE: PZG) 10% owner Albert Friedberg acquired a total 4,300,000 shares an average price of $0.32. To acquire these shares, it cost around $1.38 million. What’s Happening: The company’s stock dropped 17% over the past month. What Paramount Gold Nevada Does: Paramount Gold ...

Related tickers: PZG, SWIM, PFMT, INKT.

The most overbought stocks in the industrials sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. Performant Financial Corporation (NASDAQ: PFMT) Lake Street recently assumed Performant Finl with a Buy rating and announced a price target of $8. The company’s ...

Related tickers: WLFC, PFMT, BGSF, AJRD, ZTO.