Bargain Hunters Take Note: Insider Cluster-Buying At SFM
December 03, 2018 at 11:08 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 Sprouts Farmers Market Inc (SFM), 3 different insiders purchased 103,500 shares at an average price of $22.86/share, for a total of $2.37M, with the most recent purchase on November 30, 2018.