Bargain Hunters Take Note: Insider Cluster-Buying At MOD
November 22, 2019 at 10:58 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 Modine Manufacturing Co (MOD), 3 different insiders purchased 20,000 shares at an average price of $6.85/share, for a total of $136,922, with the most recent purchase on November 20, 2019.