Bargain Hunters Take Note: Insider Cluster-Buying At PXD

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 Pioneer Natural Resources Co (PXD), 3 different insiders purchased 1,200 shares at an average price of $134.25/share, for a total of $161,098, with the most recent purchase on August 15, 2017.