Bargain Hunters Take Note: Insider Cluster-Buying At CSII
August 17, 2020 at 13:59 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 Cardiovascular Systems, Inc (CSII), 4 different insiders purchased 6,000 shares at an average price of $32.14/share, for a total of $192,821, with the most recent purchase on August 13, 2020.
