Bargain Hunters Take Note: Insider Cluster-Buying At PCRX
August 14, 2024 at 11:04 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 Pacira BioSciences Inc (PCRX), 3 different insiders purchased 13,064 shares at an average price of $12.02/share, for a total of $157,040, with the most recent purchase on August 12, 2024.