10 Cheapest Stocks Insiders Are Buying Recently

8. Heritage Distilling Holding Company, Inc. (NASDAQ:CASK)

Average price per share: $1.21

Market capitalization: $6.45 million

A craft distillery, Heritage Distilling, is one of the top 10 cheapest stocks insiders have been investing in lately. The Gig Harbor, Washington-based company is among the most awarded craft distilleries in the U.S. The company makes whiskeys, gins, vodkas, rums and ready-to-drink canned cocktails. It also operates distillery tasting rooms in Washington and Oregon.

The stock went public in November 2024.

In December, Heritage Distilling announced expansion into the Western Colorado market via strategic collaboration with Innermountain Distributing Co., and also into the Kentucky market in partnership with Keg 1 River City.

In January, Heritage Distilling became the first publicly traded distillery to accept cryptocurrency bitcoin. The company allowed bitcoin as a form of payment via its e-commerce platform as part of its broader corporate sales and treasury diversification strategy.

In February, four insiders, among which is Heritage Distilling’s CEO and Treasurer, bought roughly $81,895 worth of shares at an average price of $1.21 per share. Out of the total amount, the company’s CEO, B Justin Stiefel, acquired 10,732 shares worth around $13,025. With this purchase, Stiefel increased his holdings to 67,294 shares.

Since the beginning of the year, Heritage Distilling’s shares dropped 30.81%, and are now trading at $1.19 per share.

There is no analyst coverage available for this stock at the moment, probably because this is a new stock on the market. We should expect analyst reports as the company matures in the market.