May. 26 at 6:22 PM
$LULU
Because these insider buys happened in the
$151 to
$165 range, the current market price of
$126.73 means you can now acquire the stock at a 16% to 23% discount relative to what the company's top executives paid out of their own pockets just weeks ago. On Wall Street, when cluster buying occurs during a steep stock dip, it is viewed as a highly reliable signal that management believes the market has heavily undervalued the underlying business.
