Bargain Hunters Take Note: Insider Cluster-Buying At MRBK
September 10, 2018 at 15:45 PM 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 Meridian Corp (MRBK), 3 different insiders purchased 10,000 shares at an average price of $17.41/share, for a total of $174,063, with the most recent purchase on September 6, 2018.
