Bargain Hunters Take Note: Insider Cluster-Buying At AOBC
March 12, 2020 at 10:59 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 American Outdoor Brands Corp (AOBC), 3 different insiders purchased 13,386 shares at an average price of $6.08/share, for a total of $81,379, with the most recent purchase on March 10, 2020.