Bargain Hunters Take Note: Insider Cluster-Buying At VNR
March 25, 2015 at 15:56 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 Vanguard Natural Resources LLC (VNR), 3 different insiders purchased 67,684 shares at an average price of $14.22/share, for a total of $962,466, with the most recent purchase on March 25, 2015.