Bargain Hunters Take Note: Insider Cluster-Buying At JOAN
September 20, 2021 at 10:52 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 JOANN Inc (JOAN), 3 different insiders purchased 13,000 shares at an average price of $10.47/share, for a total of $136,173, with the most recent purchase on September 15, 2021.