Bargain Hunters Take Note: Insider Cluster-Buying At QEP

A particularly strong insider buying signal is what we call a "cluster-buy" where three or more different insiders make open market purchases within a short period of one another. At QEP Resources Inc (QEP), 3 different insiders purchased 12,450 shares at an average price of $28.78/share, for a total of $358,282, with the most recent purchase on February 28, 2014.