Bargain Hunters Take Note: Insider Cluster-Buying At ATEC
September 06, 2024 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 Alphatec Holdings Inc (ATEC), 4 different insiders purchased 189,796 shares at an average price of $6.07/share, for a total of $1.15M, with the most recent purchase on August 23, 2024.