Bargain Hunters Take Note: Insider Cluster-Buying At MEG
July 30, 2020 at 10:55 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 Montrose Environmental Group Inc (MEG), 7 different insiders purchased 155,500 shares at an average price of $15.00/share, for a total of $2.33M, with the most recent purchase on July 27, 2020.