Bargain Hunters Take Note: Insider Cluster-Buying At SIX
November 20, 2019 at 10:52 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 Six Flags Entertainment Corp (SIX), 3 different insiders purchased 18,787 shares at an average price of $45.27/share, for a total of $850,415, with the most recent purchase on November 18, 2019.