Bargain Hunters Take Note: Insider Cluster-Buying At SUN
May 29, 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 Sunoco LP (SUN), 3 different insiders purchased 15,000 shares at an average price of $50.13/share, for a total of $751,956, with the most recent purchase on May 24, 2024.