What is a cluster buy in insider trading?

A cluster buy occurs when multiple corporate insiders at the same company purchase stock within a short timeframe, typically 30 days. This pattern signals broad management confidence rather than a single individual's view.

Why are cluster buys considered a strong bullish signal?

Cluster buys represent consensus among multiple insiders who independently decided to invest their own money. Research shows that stocks with cluster buying activity tend to significantly outperform the market over the following 6-12 months.

Cluster Buys

Stocks where 2 or more distinct insiders have bought shares in the last 30 days. Cluster buying is considered one of the most bullish insider trading signals.

SPG

11 Insiders

Simon Property Group, Inc.

Total Value

$533.1K

Sector

Real Estate

First Buy

Jul 1, 2026

Last Buy

Jul 1, 2026

YORW

7 Insiders

The York Water Company

Total Value

$10.5K

Sector

Utilities

First Buy

Jul 17, 2026

Last Buy

Jul 20, 2026

FSBC

6 Insiders

Five Star Bancorp

Total Value

$6.28M

Sector

Financial Services

First Buy

Jul 24, 2026

Last Buy

Jul 24, 2026

MPB

6 Insiders

Mid Penn Bancorp, Inc.

Total Value

$27.6K

Sector

Financial Services

First Buy

Jul 2, 2026

Last Buy

Jul 2, 2026

FNWD

6 Insiders

Finward Bancorp

Total Value

$3.9K

Sector

Financial Services

First Buy

Jul 1, 2026

Last Buy

Jul 2, 2026

BYRN

5 Insiders

Byrna Technologies Inc.

Total Value

$316.9K

Sector

Industrials

First Buy

Jul 23, 2026

Last Buy

Jul 28, 2026

PCSA

5 Insiders

Processa Pharmaceuticals, Inc.

Total Value

$25.9K

Sector

Healthcare

First Buy

Jul 1, 2026

Last Buy

Jul 1, 2026

GLOO

4 Insiders

Gloo Holdings, Inc.

Total Value

$9.00M

Sector

Technology

First Buy

Jul 10, 2026

Last Buy

Jul 13, 2026

RBKB

4 Insiders

Rhinebeck Bancorp, Inc.

Total Value

$656.4K

Sector

Financial Services

First Buy

Jul 23, 2026

Last Buy

Jul 23, 2026

CHCO

4 Insiders

City Holding Company

Total Value

$59.7K

Sector

Financial Services

First Buy

Jul 21, 2026

Last Buy

Jul 21, 2026

AUBN

4 Insiders

Auburn National Bancorporation, Inc.

Total Value

$5.6K

Sector

Financial Services

First Buy

Jul 2, 2026

Last Buy

Jul 2, 2026

CTM

4 Insiders

Castellum, Inc.

Total Value

$3.0K

Sector

Technology

First Buy

Jul 2, 2026

Last Buy

Jul 2, 2026

GRML

3 Insiders

GRML

Total Value

$326.0K

Sector

—

First Buy

Jul 17, 2026

Last Buy

Jul 23, 2026

SWZ

3 Insiders

Total Return Securities Fund

Total Value

$88.7K

Sector

Technology

First Buy

Jul 7, 2026

Last Buy

Jul 24, 2026

GABC

3 Insiders

German American Bancorp, Inc.

Total Value

$60.0K

Sector

Financial Services

First Buy

Jul 17, 2026

Last Buy

Jul 17, 2026

NTSK

2 Insiders

Netskope, Inc. Class A Common Stock

Total Value

$21.96M

Sector

Technology

First Buy

Jul 10, 2026

Last Buy

Jul 14, 2026

ACI

2 Insiders

Albertsons Companies, Inc.

Total Value

$2.41M

Sector

Consumer Defensive

First Buy

Jul 28, 2026

Last Buy

Jul 30, 2026

ELV

2 Insiders

Elevance Health Inc.

Total Value

$1.37M

Sector

Healthcare

First Buy

Jul 17, 2026

Last Buy

Jul 17, 2026

NVCT

2 Insiders

Nuvectis Pharma, Inc.

Total Value

$1.17M

Sector

Healthcare

First Buy

Jul 1, 2026

Last Buy

Jul 1, 2026

CRDF

2 Insiders

Cardiff Oncology, Inc.

Total Value

$959.8K

Sector

Healthcare

First Buy

Jul 16, 2026

Last Buy

Jul 16, 2026

CREX

2 Insiders

Creative Realities, Inc.

Total Value

$800.0K

Sector

Technology

First Buy

Jul 2, 2026

Last Buy

Jul 2, 2026

WRAP

2 Insiders

Wrap Technologies, Inc.

Total Value

$364.2K

Sector

Technology

First Buy

Jul 9, 2026

Last Buy

Jul 10, 2026

CAPS

2 Insiders

Capstone Holding Corp.

Total Value

$334.0K

Sector

Basic Materials

First Buy

Jul 22, 2026

Last Buy

Jul 24, 2026

YPF

2 Insiders

YPF Sociedad Anónima

Total Value

$333.2K

Sector

Energy

First Buy

Jul 6, 2026

Last Buy

Jul 6, 2026

BUKS

2 Insiders

BUTLER NATL CORP

Total Value

$157.2K

Sector

Technology

First Buy

Jul 13, 2026

Last Buy

Jul 16, 2026

HNRG

2 Insiders

Hallador Energy Company

Total Value

$127.1K

Sector

Utilities

First Buy

Jul 10, 2026

Last Buy

Jul 15, 2026

ANIX

2 Insiders

Anixa Biosciences, Inc.

Total Value

$122.4K

Sector

Healthcare

First Buy

Jul 13, 2026

Last Buy

Jul 28, 2026

SNES

2 Insiders

SenesTech, Inc.

Total Value

$105.7K

Sector

Basic Materials

First Buy

Jul 2, 2026

Last Buy

Jul 22, 2026

RANI

2 Insiders

Rani Therapeutics Holdings, Inc.

Total Value

$50.0K

Sector

Healthcare

First Buy

Jul 21, 2026

Last Buy

Jul 23, 2026

CULP

2 Insiders

Culp, Inc.

Total Value

$26.5K

Sector

Consumer Cyclical

First Buy

Jul 10, 2026

Last Buy

Jul 14, 2026

CUEN

2 Insiders

CUENTAS INC

Total Value

$24.3K

Sector

Technology

First Buy

Jul 1, 2026

Last Buy

Jul 27, 2026

RDGL

2 Insiders

VIVOS INC

Total Value

$20.8K

Sector

Healthcare

First Buy

Jul 10, 2026

Last Buy

Jul 22, 2026

AVBC

2 Insiders

Avidia Bancorp, Inc.

Total Value

$19.5K

Sector

Financial Services

First Buy

Jul 30, 2026

Last Buy

Jul 30, 2026

QNBC

2 Insiders

Q N B CORP

Total Value

$19.2K

Sector

Technology

First Buy

Jul 1, 2026

Last Buy

Jul 13, 2026

KWY

2 Insiders

KWY

Total Value

$8.1K

Sector

—

First Buy

Jul 1, 2026

Last Buy

Jul 16, 2026

CZNC

2 Insiders

Citizens & Northern Corporation

Total Value

$4.8K

Sector

Financial Services

First Buy

Jul 10, 2026

Last Buy

Jul 10, 2026

INTZ

2 Insiders

Intrusion Inc.

Total Value

$3.9K

Sector

Technology

First Buy

Jul 7, 2026

Last Buy

Jul 7, 2026

KDOZF

2 Insiders

KIDOZ INC

Total Value

$798.75

Sector

Communication Services

First Buy

Jul 21, 2026

Last Buy

Jul 30, 2026

RGCO

2 Insiders

RGC Resources, Inc.

Total Value

$436.86

Sector

Utilities

First Buy

Jul 2, 2026

Last Buy

Jul 2, 2026