Bargain Hunters Take Note: Insider Cluster-Buying At ESL
November 16, 2017 at 15:50 PM EST
A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At Esterline Technologies Corp (ESL), 3 different insiders purchased 5,350 shares at an average price of $70.13/share, for a total of $375,190, with the most recent purchase on November 14, 2017.