insider cluster buying
ORN Orion Group Holdings, Inc.
ORN — 4 insiders bought $321K over 1 day
Orin's take
A cluster purchase of $321K by the CFO, general counsel, and two directors after a 28% post-earnings collapse aligns with the oversold RSI of 19, but the 53% base-rate win rate on such signals and the heavy technical damage make it a supporting foot, not a catalyst, consistent with the existing hold verdict.
What would change this read
Subsequent filings revealing incremental insider buying that pushes the aggregate to over $1M within 30 days, or the stock reclaiming the $12.07 200-day moving average on weekly volume above 2x the daily average.
The facts
Sources
Signals are informational research, not individualized investment advice.