Bargain Hunters Take Note: Insider Cluster-Buying At PPD
February 13, 2020 at 10:59 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 PPD Inc (PPD), 4 different insiders purchased 103,400 shares at an average price of $27.00/share, for a total of $2.79M, with the most recent purchase on February 10, 2020.