Bargain Hunters Take Note: Insider Cluster-Buying At LKQ
March 09, 2016 at 10:55 AM 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 LKQ Corp (LKQ), 3 different insiders purchased 8,500 shares at an average price of $30.24/share, for a total of $257,042, with the most recent purchase on March 7, 2016.