Bargain Hunters Take Note: Insider Cluster-Buying At ALIM
November 05, 2021 at 11:12 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 Alimera Sciences Inc (ALIM), 3 different insiders purchased 43,005 shares at an average price of $4.38/share, for a total of $188,227, with the most recent purchase on November 3, 2021.