Bargain Hunters Take Note: Insider Cluster-Buying At MEC
November 08, 2024 at 15:48 PM EST
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 Mayville Engineering Co Inc (MEC), 4 different insiders purchased 9,675 shares at an average price of $16.41/share, for a total of $158,752, with the most recent purchase on November 7, 2024.
