Bargain Hunters Take Note: Insider Cluster-Buying At CNMD
May 13, 2024 at 13:01 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 CONMED Corp (CNMD), 3 different insiders purchased 6,442 shares at an average price of $69.35/share, for a total of $446,733, with the most recent purchase on May 6, 2024.