Bargain Hunters Take Note: Insider Cluster-Buying At SNDA
April 23, 2024 at 11:04 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 Sonida Senior Living Inc (SNDA), 3 different insiders purchased 532,663 shares at an average price of $9.74/share, for a total of $5.19M, with the most recent purchase on April 18, 2024.