Bargain Hunters Take Note: Insider Cluster-Buying At SBIG
June 02, 2023 at 15:52 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 SpringBig Holdings, Inc (SBIG), 3 different insiders purchased 920,498 shares at an average price of $0.30/share, for a total of $278,886, with the most recent purchase on May 31, 2023.