Bargain Hunters Take Note: Insider Cluster-Buying At RPID
August 09, 2024 at 10:52 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 Rapid Micro Biosystems Inc (RPID), 3 different insiders purchased 110,000 shares at an average price of $0.83/share, for a total of $91,535, with the most recent purchase on August 8, 2024.