Bargain Hunters Take Note: Insider Cluster-Buying At ACER
July 28, 2020 at 10:50 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 Acer Therapeutics Inc (ACER), 4 different insiders purchased 223,570 shares at an average price of $3.50/share, for a total of $782,495, with the most recent purchase on July 24, 2020.