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Bargain Hunters Take Note: Insider Cluster-Buying At AKBA

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 Akebia Therapeutics Inc (AKBA), 5 different insiders purchased 147,800 shares at an average price of $3.46/share, for a total of $511,854, with the most recent purchase on November 20, 2019.
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