There are few tried-and-true indicators in the market.

One I rely on is insider buying.

And right now, this indicator is heating up in many sectors.

That doesn’t mean the market is going higher – but it usually means certain sectors may outperform regardless of the market’s direction.

These insiders are putting up serious cash: millions of dollars of their own money.

More importantly, they’re buying shares on the open market, competing with everyday investors.

When they do that, it means they really want those shares…

And have shown insiders buy for one reason and one reason only: they think their shares are cheap and going higher.

They’re not right all the time. But in my experience, they’re right about 80% of the time. And when they buy in clusters, they outperform the market by a country mile.

I’ll tell you who’s buying right now in a minute. But first – what exactly is cluster buying, and why does it matter?

What Is Cluster Buying?

Cluster buying is when several company insiders – at least two officers and three total buyers – buy a significant amount of their company’s shares on the open market.

We’re talking millions of dollars. This type of trading signals enormous confidence in the company’s future.

The thinking behind my cluster buying strategy is simple: insiders have intimate, day-to-day knowledge of what’s happening at their company. They know about deals coming down the pike. They know what big things are in the offing.

Now, here’s where it gets interesting – because right now, the signal is flashing in some very specific places.

Where Insiders Are Buying Now

Insiders are showing cluster buying patterns in companies such as Norwegian Cruise Line Holdings (NCLH), Hamilton Lane (HLNE), CEVA, Inc. (CEVA).

Here’s why these buys are notable…

Norwegian Cruise Line Holdings (NCLH) – Seven insiders piled into NCLH over a recent three-month span, buying a combined $1.8 million worth of shares on the open market. The most notable: Independent Director Zillah Byng-Thorne scooped up $525,000 worth at $18.11 a share.

Hamilton Lane (HLNE) – Co-CEO Juan Delgado-Moreira put over $1 million of his own money into HLNE in November 2025, buying 8,000 shares at $130.35. Over the last week, five more insiders have also poured in, buying shares valued at a $4.25 million total.

CEVA, Inc. (CEVA) – This one is a textbook cluster buy. Within the past week, three insiders have bought shares and not a single one has sold. The CEO purchased $100,000 worth. The CFO put in $48,000. And a director added another $25,000 – from February 19 to February 23.

Now… before you act on any of these names, there’s something important to understand about how to trade them…

When I make a trade based on a cluster buy, it might appear the strategy isn’t working in the short term.

This often leads to War Room members asking me…

“Should we dump it and move on?”

My answer is almost always a resounding “no.”

Here’s why…

Patience Is Key

When insiders buy, they are not allowed to sell for at least six months – and many don’t sell for years.

They are not buying shares today expecting to trade out of them in a week or a month. When the market was rocking, investors could make that bet, buying when insiders bought and selling on the pop that almost always followed.

Now we’re back to the traditional form of insider investing. Insiders are buying because:

1. They think the shares are cheap.
2. They think the shares are going higher in the long term.

The long term is not a day or a week later. It could be months later.

It’s not the insiders who need to adjust their expectations – it’s us, the outsiders.

YOUR ACTION PLAN

The bottom line on cluster buying is this: when multiple insiders put millions of their own dollars into their company’s shares on the open market, that’s one of the strongest signals the market produces.

They have the information, they have the conviction, and they have skin in the game.

In my experience, that combination is right about 80% of the time — and when it’s right, it tends to be right in a big way.

The key is patience. Follow the insiders’ lead, match their time horizon, and let the thesis play out.