Bargain Hunters Take Note: Insider Cluster-Buying At AFI
March 13, 2020 at 12:12 PM 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 Armstrong Flooring Inc (AFI), 5 different insiders purchased 151,234 shares at an average price of $1.92/share, for a total of $290,545, with the most recent purchase on March 11, 2020.