Bargain Hunters Take Note: Insider Cluster-Buying At SHLX
August 18, 2021 at 10:49 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 Shell Midstream Partners LP (SHLX), 3 different insiders purchased 8,599 shares at an average price of $12.34/share, for a total of $106,148, with the most recent purchase on August 16, 2021.
