Bargain Hunters Take Note: Insider Cluster-Buying At XHR
November 25, 2015 at 11:10 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 Xenia Hotels & Resorts Inc (XHR), 3 different insiders purchased 19,600 shares at an average price of $16.14/share, for a total of $316,383, with the most recent purchase on November 24, 2015.