Wrap Technologies And 2 Other Stocks Under $2 Insiders Are Aggressively Buying

4/26/23 7:21:26 AM ET

Biotechnology: In Vitro & In Vivo Diagnostic Substances

Health Care

Biotechnology: Pharmaceutical Preparations

Health Care

Get the next $CEMI alert in real time by email

The Dow Jones closed lower by more than 300 points on Tuesday. 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.

Wrap Technologies

The Trade: Wrap Technologies, Inc. (NASDAQ:WRAP) 10% owner Elwood G Norris acquired a total 20,000 shares an average price of $1.31. To acquire these shares, it cost around $26.1 thousand.
What’s Happening: Wrap Technologies announced CEO change and preliminary estimated financial results for Q1.
What Wrap Technologies Does: Wrap Technologies Inc offers public safety technologies and services. The firm develops policing solutions to law enforcement and security personnel.

Chembio Diagnostics

The Trade: Chembio Diagnostics, Inc. (NASDAQ:CEMI) 10% owner Joseph Edelman acquired a total of 243,448 shares at an average price of $0.45. The insider spent around $109.41 thousand to buy those shares.
What’s Happening: The company’s stock jumped 32% over the past month.
What Chembio Diagnostics Does: Chembio Diagnostics Inc is a company that develops, manufactures, and commercializes point-of-care diagnostic tests that detect infectious diseases.

GeoVax Labs

The Trade: GeoVax Labs, Inc. (NASDAQ:GOVX) President, CEO David A Dodd acquired a total of 32,000 shares at an average price of $0.64. To acquire these shares, it cost around $20.44 thousand.
What’s Happening: GeoVax announced expansion of next-generation COVID-19 vaccine rights to include omicron variants and use against orthopoxviruses.
What GeoVax Labs Does: Geovax Labs Inc is a clinical-stage biotechnology company developing human vaccines and immunotherapies against infectious diseases and solid tumor cancers using novel proprietary platforms.

Check This Out: Top 5 Financial Stocks Which Could Rescue Your Portfolio This Month

Get the next $CEMI alert in real time by email

Crush Q1 2026 with the Best AI Superconnector

Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

AI-Powered Inbox

Context-aware email replies

Strategic Decision Support

Get Started with Standout.work

Recent Analyst Ratings for
$CEMI
$GOVX
$WRAP

Company	Date	Price Target	Rating	Analyst
GeoVax Labs Inc. $GOVX	4/15/2025	$18.00 → $14.00	Buy	D. Boral Capital
GeoVax Labs Inc. $GOVX	4/15/2025	$15.00 → $8.50	Buy	Alliance Global Partners
GeoVax Labs Inc. $GOVX	11/11/2024	$15.00	Buy	Alliance Global Partners
GeoVax Labs Inc. $GOVX	7/16/2024	$20.00	Buy	ROTH MKM
Wrap Technologies Inc. $WRAP	3/11/2022	$6.25 → $5.25	Buy	Ladenburg Thalmann
Wrap Technologies Inc. $WRAP	1/25/2022		Buy → Hold	Maxim Group
Chembio Diagnostics Inc. $CEMI	7/22/2021		Buy → Neutral	Colliers Securities

More analyst ratings

$CEMI
$GOVX
$WRAP
Press Releases

Fastest customizable press release news feed in the world

Loveland Police Department Expands to Department-Wide Deployment of BolaWrap® 150 as Part of Comprehensive Non-Lethal Response Strategy for All Sworn Officers

MIAMI, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in Non-Lethal Response ("NLR") and public safety technology, today announced the full department-wide deployment of its BolaWrap® 150 device at the Loveland Police Department ("Loveland") in Colorado, marking a milestone in the department's transition to standardized, Non-Lethal Response across all sworn officers. The expansion marks a transition from a limited, role-based deployment to the integration of a comprehensive NLR program, with the goal of ensuring all sworn officers have access to BolaWrap as part of the department's layered approach to de-escalation, offi

2/13/26 7:30:00 AM ET

Ordnance And Accessories

Industrials

Wrap Technologies Conducts Instructor Retraining and Program Expansion with Malta National Police Force

MIAMI, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in non-lethal response and public safety technology, today announced the successful completion of instructor retraining and new instructor certification with the Malta National Police Force, conducted in Malta. The two-day training initiative was designed to reinforce Wrap's Non-Lethal Response solution, enhance instructor proficiency, and support the agency's prospective expansion of Wrap's products and services across districts and into the national police academy. Training emphasized decision-making, defensive tactics, and integration of BolaWrap® within the agency

2/10/26 7:30:00 AM ET

Ordnance And Accessories

Industrials

Wrap Technologies Highlights Clinton County Probation Services' Adoption of WrapReality™ to Advance Non-Lethal Response Training in Corrections

MIAMI, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in non-lethal response and public safety technology, today highlighted the successful implementation of its WrapReality™ virtual reality platform by Clinton County Probation Services ("Clinton County"), a Pennsylvania-based corrections agency. Led by Ed Hosler, a 20-year probation professional and certified instructor across defensive tactics, firearms, and other tools for law enforcement, Clinton County adopted WrapReality with the goal to enhance realism, improve decision-making under stress, and support consistent Non-Lethal Response training across probation offic

2/6/26 7:30:00 AM ET

Ordnance And Accessories

Industrials

$CEMI
$GOVX
$WRAP
Leadership Updates

Live Leadership Updates

Institutional Investor and Juggernaut Capital Founder John Shulman Joins Wrap Technologies Board of Directors

MIAMI, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in non-lethal tools, training and policies, today announced the expansion of its Board of Directors to six (6) members and the appointment of John D. Shulman, Founder and Managing Partner of Juggernaut Capital Partners ("JCP"), to serve as a member of the Company's Board. John was part of the original outside investor group and continues to increase his exposure. In connection with this appointment, the Company also announced that Jerry Ratigan, who served as Chief Financial Officer, Principal Accounting Officer, and Principal Financial Officer, has mutually agreed wit

10/27/25 9:00:00 AM ET

Ordnance And Accessories

Industrials

Wrap Appoints Internationally Recognized Strategic Communications and Technology Expert Braden Frame as Chief Commercial Officer

MIAMI, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) ("Wrap" or the "Company"), a global leader in public safety and counter-drone technologies, today announced the appointment of Braden Frame as Chief Commercial Officer (CCO) of the Company. This appointment comes as the Company evolves beyond its flagship BolaWrap® device and introduces integrated subscription-based services and counter-unmanned aircraft system (C-UAS) solutions. These advancements are expected to position Wrap to serve law enforcement, private security, and the U.S. Department of Defense through scalable, recurring offerings designed to meet the complex demands of modern public safety and

9/25/25 7:00:00 AM ET

Ordnance And Accessories

Industrials

Wrap Appoints Experienced Law Enforcement Leader Joseph Cameron as CRO to Capture Expanding Growth Opportunities

MIAMI, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety and counter-UAS solutions, today announced the appointment of Joseph Cameron as Chief Revenue Officer. Cameron brings more than two decades of combined experience in law enforcement, union leadership, political advocacy, and public safety technology to the role. Cameron has extensive experience leading public safety technology companies — identifying government requirements, securing associated funding, and driving revenue growth across the ecosystem of public safety solutions. His deep knowledge of the legislative process is expected to

9/24/25 7:00:00 AM ET

Ordnance And Accessories

Industrials

$CEMI
$GOVX
$WRAP
Financials

Live finance-specific insights

Wrap Reports $2M Gross Revenue in Q3 With Non-Lethal Response Launch

MIAMI, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in non-lethal response and public-safety technology solutions, today announced financial and operating results for the third quarter ended September 30, 2025. Highlights of Financial Results: Revenue Growth:Total gross revenue for the three months ended September 30, 2025, was $2.0 million, representing an increase of 241% compared to $0.6 million for the same period in 2024. The growth was primarily driven by stronger BolaWrap® product sales and the addition of managed services revenue. Total net revenue for the quarter was $1.5 million, up 151% from the prior-year p

11/12/25 4:05:00 PM ET

Ordnance And Accessories

Industrials

Wrap Technologies, Inc. Plans to Hold a Conference Call to Discuss Third Quarter 2025 Financial Results on Wednesday, November 12, 2025, at 4:30 p.m. ET

MIAMI, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ:WRAP) ("Wrap" or the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announced it plans to hold a conference call on Wednesday, November 12, 2025, at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial and operational results for the three months ended September 30, 2025. The financial and operational results are expected to be announced in a press release before the call. Wrap management will host the presentation, followed by a question-and-answer period. If interested, you may submit questions to the Company before the call at [email protected] by

9/30/25 7:00:00 AM ET

Ordnance And Accessories

Industrials

Wrap Technologies, Inc. Plans to Hold a Conference Call to Discuss Second Quarter 2025 Financial Results on Thursday, August 14, 2025 at 4:30 p.m. ET

MIAMI, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ:WRAP) ("Wrap" or, the "Company"), a global leader in innovative public safety technologies and non-lethal tools, today announces it plans to hold a conference call on Thursday, August 14, 2025 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss its financial and operational results for the three months ended June 30, 2025. The financial and operational results are expected to be issued in a press release prior to the call. Wrap management will host the presentation, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call at [email protected] by 5:

8/7/25 9:15:00 AM ET

Ordnance And Accessories

Industrials