Bargain Hunters Take Note: Insider Cluster-Buying At PAY
June 01, 2021 at 10:56 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 Paymentus Holdings Inc Class A (PAY), 3 different insiders purchased 88,094 shares at an average price of $21.00/share, for a total of $1.85M, with the most recent purchase on May 28, 2021.