Bargain Hunters Take Note: Insider Cluster-Buying At RBNC
February 03, 2020 at 13:51 PM 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 Reliant Bancorp Inc (RBNC), 3 different insiders purchased 7,000 shares at an average price of $21.66/share, for a total of $151,632, with the most recent purchase on January 31, 2020.
