Bargain Hunters Take Note: Insider Cluster-Buying At HIBB
July 19, 2021 at 10:53 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 Hibbett Inc (HIBB), 3 different insiders purchased 5,450 shares at an average price of $87.01/share, for a total of $474,218, with the most recent purchase on July 15, 2021.
