Bargain Hunters Take Note: Insider Cluster-Buying At TBN
July 03, 2024 at 11:23 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 Tamboran Resources Corporation (TBN), 8 different insiders purchased 557,350 shares at an average price of $24.00/share, for a total of $13.38M, with the most recent purchase on June 28, 2024.
