This leaderboard ranks stocks with multiple insiders buying at the same time, grouping SEC Form 4 filings into insider cluster buys whenever three or more distinct insiders bought the same stock in the same window. Toggle Buys vs Sells and expand any stock to see the individual Form 4 filings. Right now 30.0% of active insiders are buyers.
Cluster data is derived from public SEC Form 4 filings (open-market transactions only). A cluster is a stock with three or more distinct insider buyers (or sellers) in the selected window. Not investment advice.
Insider buying clusters: when several insiders buy the same stock
A cluster buy is when multiple distinct insiders at the same company purchase its stock in the same window. Because several directors and officers are each independently committing their own money, cluster buying is watched as a stronger signal than an isolated purchase. This page surfaces the stocks insiders are buying most heavily: the top insider buying stocks where three or more distinct insider buyers (or sellers) traded in the selected period, with the total dollars traded and the individual buyers named. For the full open-market feed of every insider buy and sell, see Insider Trading Tracker.
Buying participation
Across the whole market, 30.0% of active insiders were buyers (5,361 of 17,863) in the selected window. Buying participation is the share of active insiders who bought: distinct insiders who bought divided by distinct insiders who traded. It is a cleaner read of insider sentiment than raw dollar totals, which are dominated by routine, compensation-driven selling. A rising participation rate means a larger fraction of insiders chose to buy.
Recent insider buying: notable clusters over the past year
- 32 insiders bought Taiwan Semiconductor Manufacturing (NYSE: TSM) for a combined $2.7M across 182 purchases, most recently 19 AUG 2026, including Hwang Yuan-Ko, He Jun, Lu Lee-Chung, Fang Shu-Hua, Tien Bor-Zen, Huang Jen-Chau.
- 20 insiders bought E. W. Scripps Co Class A (NASDAQ: SSP) for a combined $8.2M across 47 purchases, most recently 14 MAY 2026, including Granado Geraldine Scripps, Peirce Mary, Granado Anthony S., Barmonde Charles L., Evans Peggy Scripps, Brickner Samantha J..
- 18 insiders bought F & M Bank Corp (OTCQX: FMBM) for a combined $780K across 49 purchases, most recently 18 JUN 2026, including WRAY PETER H, Eberly Paul E., BURKHOLDER EDWARD RAY, Black Barton E., Driest Charles C., Thomas Daphyne S..
- 17 insiders bought Central Bancompany, Inc. (NASDAQ: CBC) for a combined $6.1M across 20 purchases, most recently 06 FEB 2026, including Digges Charles William Jr., KRUSE CHARLES E, Goldammer Russell Lee, Sprong Bradley Nixon, Hallgren Eric Andrew, Ross John Thomas.
- 16 insiders bought Columbia Financial, Inc./MD/ (NASDAQ: CLBK) for a combined $4.8M across 28 purchases, most recently 20 JUL 2026, including WAINWRIGHT JIM HOBART, Splaine Thomas Jr, Klein Steven M, Kemly Thomas J., Randall Elizabeth E., Klimowich John.
- 16 insiders bought WesBanco, Inc. (NASDAQ: WSBC) for a combined $1.9M across 23 purchases, most recently 08 MAY 2026, including Burdman Lee J., NELSON F ERIC JR, Clossin Todd, CORNELSEN JAMES W, Jackson Jeffrey H, Proctor Gregory S JR.
- 15 insiders bought SpyGlass Pharma, Inc. for a combined $221.5M across 17 purchases, most recently 09 FEB 2026, including Florence Anthony A. Jr., Pardo Geoffrey B, Behbahani Ali, New Enterprise Associates 17, L.P. / NEA Partners 17, L.P. / NEA 17 GP, LLC, Vensana Capital I GP, LLC / Vensana Capital I, L.P. / Nielsen Kirk G. / Klein Peter Justin, RA CAPITAL MANAGEMENT, L.P. / RA Capital Healthcare Fund LP / RA Capital Nexus Fund III, L.P. / Kolchinsky Peter / Shah Rajeev M..
- 15 insiders bought Matador Resources Company (NYSE: MTDR) for a combined $3.5M across 51 purchases, most recently 17 AUG 2026, including Ehrman Monika U, Stetson Glenn W, Harvey Paul W, Macalik Robert T, Baty Robert Gaines, Singleton Van H II.
- 15 insiders bought First Carolina Financial Services, Inc. for a combined $1.7M across 23 purchases, most recently 18 JUN 2026, including Gussenhoven John Walter, Shannon Kevin Meek, Ford Douglas IV, Pritchard Patrick Wayne, Floyd Gregory Everette, Andracchio Vincent Charles II.
- 15 insiders bought QNB Corp (OTCQX: QNBC) for a combined $292K across 27 purchases, most recently 01 JUL 2026, including Cattie Christopher T, Mcdonald Christina, BAYLES AUTUMN R, Ray-Chaudhuri Ranajoy, Major Joseph W, Lehocky Jeffrey.
Frequently asked questions
What is a cluster buy (insider cluster buying)?
A cluster buy is when several different insiders at the same company buy its stock within a short window, rather than one insider acting alone. Because multiple directors and officers are each independently committing their own money, cluster buying is widely watched as a stronger conviction signal than an isolated purchase. This page lists stocks with three or more distinct insider buyers in the selected period.
How many insiders make a cluster?
On this page a stock qualifies as a cluster when three or more distinct insiders traded the same side (all buys, or all sells) within the selected window. Counting distinct people rather than filings is what separates a genuine cluster from one insider making several purchases.
What does buying participation mean?
Buying participation is the share of active insiders who were buyers: the number of distinct insiders who bought divided by the number of distinct insiders who traded (bought or sold) in the period. It is a cleaner read of insider sentiment than raw dollar totals, which are dominated by routine, compensation-driven selling. A rising participation rate means a larger fraction of insiders chose to buy.
Are cluster buys a reliable signal?
Cluster buying is one of the more closely watched insider signals because several insiders are independently putting their own money into the same stock at the same time. It is context, not a recommendation. Clusters can still be wrong, and cluster selling is noisier than buying because insiders sell for many routine reasons. Always do your own research.
Not investment advice. Cluster data is derived from public SEC Form 4 filings, which are filed with a short delay and may be amended. A cluster is a stock with three or more distinct insider buyers (or sellers) in the selected window. Always do your own research and consult a licensed financial advisor before making investment decisions.

