Bargain Hunters Take Note: Insider Cluster-Buying At TMCI
May 14, 2024 at 10:47 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 Treace Medical Concepts Inc (TMCI), 4 different insiders purchased 503,000 shares at an average price of $4.54/share, for a total of $2.28M, with the most recent purchase on May 13, 2024.
