Bargain Hunters Take Note: Insider Cluster-Buying At FOE
May 16, 2019 at 10:52 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 Ferro Corp (FOE), 4 different insiders purchased 29,000 shares at an average price of $15.77/share, for a total of $457,445, with the most recent purchase on May 13, 2019.