Bargain Hunters Take Note: Insider Cluster-Buying At PDYN
July 02, 2024 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 Palladyne AI Corp (PDYN), 3 different insiders purchased 89,808 shares at an average price of $1.67/share, for a total of $149,888, with the most recent purchase on June 28, 2024.