Bargain Hunters Take Note: Insider Cluster-Buying At CWT
Posted on September 21, 2012 at 13:51 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 California Water Service Group (CWT), 4 different insiders purchased 11,289 shares at an average price of $17.93/share, for a total of $202,420, with the most recent purchase on September 11, 2012.