5 Penny Stocks with Insider Buying

3. OPKO Health, Inc. (NASDAQ:OPK)

Total Value of Insider Purchases: ~$1.1 million

Number of Hedge Fund Investors in Q4 2022: 15

OPKO Health, Inc. (NASDAQ:OPK) is an American healthcare company headquartered in Miami, Florida. The firm provides laboratory testing services, diagnostics for cancer, and treatments for hyperthyroidism.

OPKO Health, Inc. (NASDAQ:OPK)’s chief executive officer Mr. Phillip Frost bought one million shares for $1.1 million in March 2023. As part of their December quarter of 2022 investments, 15 of the 943 hedge funds polled by Insider Monkey had invested in the company.

OPKO Health, Inc. (NASDAQ:OPK)’s largest investor in our database is D.E. Shaw’s D E Shaw which owns 5.7 million shares that are worth $7.2 million.

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