The Dow Jones index closed lower by around 0.1% on Wednesday. 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. Allied Gaming & EntertainmentThe Trade: Allied Gaming & Entertainment Inc. (NASDAQ:AGAE) 10% owner Knighted Pastures LLC bought a total of 360,000 shares at an …