Home / Blog / Cluster buys

Cluster buys: 102 stocks where three or more insiders bought together in the last six weeks

Cluster buysPublished Tuesday, October 6, 2026Data through 2026-10-06

A cluster is a window of at most 60 days in which three or more insiders bought the same stock on the open market. Since Aug 22, 2026, 102 such windows have closed. The strongest, by the members-area score, is GameStop Corp. (GME): 5 buyers, $76.4M in total, score 100 out of 100.

The ten strongest clusters

TickerCompanyWindowBuyersFilingsBoughtScoreSince start
GMEGameStop Corp.2026-09-08 → 2026-10-0259$76.4M100+2.2%
BBDBANK BRADESCO2026-08-25 → 2026-09-282224$67.3M95+29.4%
DKSDICK'S SPORTING GOODS, INC.2026-08-26 → 2026-09-3078$5.6M91+2.1%
CAMPCamp4 Therapeutics Corp2026-08-03 → 2026-08-3156$5.0M91+1.3%
AMRZAmrize Ltd2026-08-11 → 2026-09-021111$2.6M89-13.4%
RWTREDWOOD TRUST INC2026-09-15 → 2026-09-2167$1.4M86-11.0%
LUCKLucky Strike Entertainment Corp2026-08-28 → 2026-09-2255$875k85-1.1%
GAMGENERAL AMERICAN INVESTORS CO INC2026-09-15 → 2026-09-2356$672k84-1.3%
AVBCAvidia Bancorp, Inc.2026-08-11 → 2026-09-1456$587k84-1.1%
BSXBOSTON SCIENTIFIC CORP2026-07-31 → 2026-08-2545$9.5M83-15.0%

"Since start" is the share price change from the first buy in the window to the latest close. Score weights the number of buyers, who they are (officers over funds), the dollar size relative to the company, conviction (buying the dip, first-ever buys) and penalises offerings and placements. The cluster guide has the full recipe.

Bar chart of dollars bought in the ten strongest insider clusters
Dollar totals are the sum of every open-market purchase inside the window.

Spotlight: GameStop Corp. (GME)

Between Sep 8, 2026 and Oct 2, 2026, 5 distinct insiders filed 9 purchases of GME worth $76.4M. The largest: Cohen Ryan (President, CEO and Chairman) — $74.4M at $22.94; Cheng Lawrence — $1.0M at $18.80; Attal Alain — $502k at $22.97. Score breakdown — buyers 50, who 15, size 25, conviction 10, offering penalty 0. The stock has moved +2.2% since the first buy in the window.

GME share price with the cluster of insider purchases marked
The cluster is the run of green triangles between 2026-09-08 and 2026-10-02.

Second on the list, BANK BRADESCO (BBD): 22 buyers, $67.3M, score 95. Third, DICK'S SPORTING GOODS, INC. (DKS) with 7 buyers and $5.6M.

Every cluster, every buyer, on the chart

The members Cluster Buys page lists every window since 2024 with the buyers, the score breakdown and the price chart, filterable by buyer count, role and recency. Email alerts fire the morning a new cluster scores 55 or more.

See the clustersFree sample

Questions this post answers

What is an insider cluster buy?

Three or more insiders buying the same company's stock on the open market within a window of no more than 60 days. It is the strongest single pattern in insider filings, because several people with inside knowledge independently decided the price was wrong at the same time.

Which stocks had the strongest insider cluster buying recently?

Top by score in the last 45 days: GME (5 buyers, $76.4M), BBD (22 buyers, $67.3M), DKS (7 buyers, $5.6M), CAMP (5 buyers, $5.0M), AMRZ (11 buyers, $2.6M).

How is the cluster score calculated?

Out of 100: up to 50 for the number of buyers, up to 15 for who they are (officers and directors over funds), up to 25 for dollar size relative to the company, up to 10 for conviction signals such as buying a dip or a first-ever purchase, with a penalty when the buying is tied to an offering or placement.

Do cluster buys predict returns?

In the historical event study, purchases that were part of a cluster ran ahead of single purchases on a market-adjusted basis over the following quarter, in both the pre-2022 and holdout years. It is an average tilt with wide dispersion, not a forecast for any one stock.

Related

← OlderInsider buying report — Monday, October 5, 2026: 39 open-market buys w
Built from SEC EDGAR ownership filings. Only open-market purchases (transaction code P) and sales of $1M or more are counted; grants, option exercises and tax withholding are excluded because they run on schedules set years earlier. Historical description, not a prediction, and not investment advice.