Bargain Hunters Take Note: Insider Cluster-Buying At BRY
November 25, 2019 at 10:51 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 Berry Petroleum Corp (BRY), 3 different insiders purchased 41,000 shares at an average price of $7.05/share, for a total of $289,124, with the most recent purchase on November 22, 2019.