Bargain Hunters Take Note: Insider Cluster-Buying At LXP
May 16, 2022 at 10:58 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 LXP Industrial Trust (LXP), 3 different insiders purchased 16,450 shares at an average price of $11.12/share, for a total of $182,946, with the most recent purchase on May 10, 2022.