Bargain Hunters Take Note: Insider Cluster-Buying At TPC
June 01, 2020 at 10:51 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 Tutor Perini Corp (TPC), 4 different insiders purchased 241,982 shares at an average price of $8.31/share, for a total of $2.01M, with the most recent purchase on May 21, 2020.
