Posts  / #POST-243017
REDDIT

I built a script to track insider buying clusters on small caps ...is this actually useful or am I overthinking it?

Been trading small caps for a while and got tired of manually checking

SEC filings for insider buying, so I built a script that pulls Form 4 data and flags when 2+ insiders buy the same stock within a week of each other (excluding scheduled 10b5-1 plan sales, since those aren't real signal).

Ran it on the last few weeks of data and found stuff like this :

3 insiders (CEO, CFO, and a director) all bought a $180M market cap company within a 4-day window, $380K combined. Didn't see anyone

talking about this one anywhere.

Genuinely asking ..... is this the kind of thing you'd actually check before making a trade, or is insider buying data already priced in /not useful for small caps specifically? I know large caps it's mostly

noise (execs sell for a million reasons but only buy for one), curious if small cap community here thinks differently.

Not selling anything, just trying to figure out if this is worth turning into something more organized or if it's a solved problem already.