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Company Analysis

LAZ Insider Trading

Lazard, Inc. | Investment Advice

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Lazard, Inc. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Investment Advice sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2026-03-19 23:37 2026-03-18 Hogbin Christopher Officer - CEO Asset Management OPT+S $40.04 11,829 $473,593 11,829 0.0%
2026-03-18 21:58 2026-03-17 Orszag Peter Richard Director, Officer - CEO & Chairman OPT+S $40.76 69,170 $2,819,272 210,942 0.0%
2025-09-18 03:06 2025-09-16 Orszag Peter Richard Director, Officer - CEO & Chairman OPT+S $54.09 32,475 $1,756,573 183,274 0.0%
2025-09-12 02:26 2025-09-10 Gathy Michael Officer - Chief Accounting Officer SELL $55.37 617 $34,163 0 -100.0%
2025-09-12 02:27 2025-09-10 Russo Evan L Officer - CEO of Asset Management SELL $56.54 75,000 $4,240,260 227,915 -24.8%
2025-06-14 00:47 2025-06-11 Soto Alexandra Officer - Chief Operating Officer SELL $43.81 85,894 $3,763,016 113,872 -43.0%
2025-03-18 01:43 2025-03-14 Orszag Peter Richard Director, Officer - CEO & Chairman OPT+S $45.40 129,078 $5,859,922 170,285 0.0%
2025-02-15 00:47 2025-02-12 Russo Evan L Officer - CEO of Asset Management SELL $53.92 125,000 $6,740,425 19,336 -86.6%
2024-09-06 00:09 2024-09-03 JACOBS KENNETH M Director, Officer - Executive Chairman SELL $48.11 189,004 $9,093,606 1,523,722 -11.0%
2024-08-28 01:00 2024-08-23 JACOBS KENNETH M Director, Officer - Executive Chairman SELL $50.02 142,996 $7,152,202 276,010 -34.1%
2024-07-19 00:39 2024-07-16 JACOBS KENNETH M Director, Officer - Executive Chairman SELL $45.23 334,000 $15,105,818 330,279 -50.3%
2024-07-11 23:54 2024-07-09 JACOBS KENNETH M Director, Officer - Executive Chairman SELL $40.19 74,395 $2,989,585 457,279 -14.0%
2024-06-05 02:28 2024-05-31 JACOBS KENNETH M Director, Officer - Executive Chairman SELL $40.20 259,605 $10,436,978 485,567 -34.8%
2024-03-14 00:27 2024-03-13 Russo Evan L Officer - CEO of Asset Management OPT+S $39.35 75,000 $2,951,250 227,448 0.0%
2024-02-23 02:58 2024-02-14 Gathy Michael Officer - Chief Accounting Officer OPT+S $37.95 385 $14,610 0 0.0%
2024-02-16 03:47 2024-02-14 Gathy Michael Officer - Chief Accounting Officer OPT+S $37.22 385 $14,330 0 0.0%
2022-12-02 03:10 2022-11-29 Stern Alexander F. Officer - President SELL $36.39 49,000 $1,783,110 50,258 -49.4%
2022-06-03 00:16 2022-05-31 Stern Alexander F. Officer - President SELL $35.29 70,000 $2,470,300 209,258 -25.1%
2021-11-24 02:08 2021-11-23 Hoffman Scott D Officer - CAO and General Counsel SELL $46.20 25,000 $1,155,000 68,096 -26.9%
2021-09-03 01:15 2021-08-31 RAGONE DOMINICK Officer - Chief Accounting Officer SELL $47.54 19,892 $945,586 6,230 -76.2%
2021-08-25 01:15 2021-08-20 Stern Alexander F. Officer - President SELL $45.50 90,000 $4,095,000 127,577 -41.4%
2021-03-04 02:59 2021-03-01 Stern Alexander F. Officer - President OPT+S $38.69 50,000 $1,934,500 215,821 0.0%
2021-03-04 02:54 2021-03-02 Hoffman Scott D Officer - CAO and General Counsel OPT+S $40.52 25,000 $1,013,000 92,450 0.0%
2021-03-04 02:53 2021-03-02 BHUTANI ASHISH Director, Officer - CEO of Lazard Asset Management OPT+S $40.52 200,000 $8,104,000 711,799 0.0%
2020-08-21 01:28 2020-08-18 Stern Alexander F. Officer - President SELL $31.49 127,000 $3,999,243 188,221 -40.3%
2020-08-14 01:09 2020-08-11 Hoffman Scott D Officer - CAO and General Counsel SELL $32.63 80,000 $2,610,760 76,298 -51.2%
2020-03-04 03:10 2020-03-03 Stern Alexander F. Officer - President OPT+S $37.95 50,000 $1,897,500 315,221 0.0%
2019-11-13 02:00 2019-11-12 RAGONE DOMINICK Officer - Chief Accounting Officer SELL $38.62 4,293 $165,791 13,531 -24.1%
2019-11-13 01:59 2019-11-08 Hoffman Scott D Officer - CAO and General Counsel SELL $38.25 40,000 $1,530,136 114,909 -25.8%
2019-08-23 03:28 2019-08-21 Hoffman Scott D Officer - CAO and General Counsel OPT+S $34.04 30,000 $1,021,296 154,909 0.0%
2018-03-06 02:51 2018-03-02 Stern Alexander F. Officer - Chief Operating Officer OPT+S $53.12 65,160 $3,461,605 125,702 0.0%
2018-03-06 02:49 2018-03-02 Hoffman Scott D Officer - CAO and General Counsel OPT+S $52.13 15,000 $781,950 88,734 0.0%
2017-05-19 01:48 2017-05-16 Hoffman Scott D Officer - General Counsel SELL $45.13 35,000 $1,579,480 43,607 -44.5%
2017-05-16 01:09 2017-05-11 Stern Alexander F. Officer - Chief Operating Officer SELL $44.75 65,000 $2,908,555 101,184 -39.1%
2017-03-04 01:33 2017-03-01 Stern Alexander F. Officer - Chief Operating Officer OPT+S $43.06 30,206 $1,300,670 166,184 0.0%
2017-03-04 01:24 2017-03-02 Hoffman Scott D Officer - General Counsel OPT+S $43.16 20,000 $863,200 78,607 0.0%
2016-08-12 01:06 2016-08-09 Hoffman Scott D Officer - General Counsel SELL $34.92 42,000 $1,466,451 30,424 -58.0%
2016-08-04 23:09 2016-08-02 Mendillo Jane L Director BUY $35.22 1,400 $49,308 1,400 +100.0%
2015-03-05 01:43 2015-03-03 Stern Alexander F. Officer - Chief Operating Officer OPT+S $50.80 63,000 $3,200,400 62,101 0.0%
2014-02-21 02:46 2014-02-20 Stern Alexander F. Officer - Chief Operating Officer OPT+S $44.56 44,312 $1,974,543 0 0.0%
2014-02-21 02:38 2014-02-18 BHUTANI ASHISH Director, Officer - CEO of Lazard Asset Management OPT+S $45.15 145,947 $6,589,507 306,597 0.0%
2014-02-14 02:42 2014-02-11 Stern Alexander F. Officer - Chief Operating Officer OPT+S $42.87 61,877 $2,652,636 21,757 0.0%
2013-05-07 01:24 2013-05-02 BHUTANI ASHISH Director, Officer - Vice Chairman SELL $32.77 253,761 $8,316,636 388,975 -39.5%
2013-03-14 03:10 2013-03-11 Stern Alexander F. Officer - Chief Operating Officer SELL $36.56 60,000 $2,193,576 61,079 -49.6%
2013-03-06 02:55 2013-03-04 Hoffman Scott D Officer - General Counsel SELL $36.02 22,000 $792,440 56,711 -28.0%
2012-11-16 03:34 2012-11-15 Hoffman Scott D Officer - General Counsel SELL $27.39 61,091 $1,673,282 8,395 -87.9%
2012-03-06 02:50 2012-03-01 Hittner Richard Officer - Chief Accounting Officer OPT+S $30.73 963 $29,593 0 0.0%
2011-09-17 00:05 2011-09-14 Hoffman Scott D Officer - General Counsel SELL $25.42 14,267 $362,641 0 -100.0%
2010-11-09 00:16 2010-11-04 Parr Gary Director SELL $35.77 35,000 $1,251,950 348,883 -9.1%
2010-11-09 00:16 2010-11-04 Stern Alexander F. Officer - Chief Operating Officer SELL $35.77 94,174 $3,368,604 17,835 -84.1%
SHOW ENTRIES

How to Interpret $LAZ Trades

Not every insider transaction in Lazard, Inc. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $LAZ shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for LAZ

Insider activity data for Lazard, Inc. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $LAZ, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.