Bargain Hunters Take Note: Insider Cluster-Buying At INSY
June 05, 2017 at 10:58 AM EDT
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 Insys Therapeutics Inc (INSY), 3 different insiders purchased 16,500 shares at an average price of $12.62/share, for a total of $208,187, with the most recent purchase on June 1, 2017.