Bargain Hunters Take Note: Insider Cluster-Buying At DCP
March 10, 2020 at 16:00 PM 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 DCP Midstream LP (DCP), 4 different insiders purchased 86,775 shares at an average price of $8.61/share, for a total of $747,366, with the most recent purchase on March 10, 2020.