Operative Builders
Standard Industrial Classification: SIC 1531
Industry Insider Sentiment Analysis
The Operative Builders sector (SIC 1531) acts as a critical barometer for broader economic health. Our real-time monitoring reveals total transactions. Monitoring "cluster buying" is one of the most reliable leading indicators for future sector performance. By analyzing aggregate data across this specific Standard Industrial Classification, investors can filter out individual company volatility and identify high-conviction trends. When multiple directors and officers within the same industry move capital simultaneously, it often signals an upcoming sector-wide revaluation or a fundamental shift in supply chain dynamics that has yet to be recognized by the broader public market.
| Filing Date | Trade Date | Ticker | Company | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After |
|---|---|---|---|---|---|---|---|---|---|---|
| 2015-08-19 23:45 | 2015-08-18 | PHM | PULTEGROUP INC/MI/ | MARSHALL RYAN | Officer | OPT+S | $22.00 | 13,500 | $297,000 | 107,588 |
| 2015-08-19 19:11 | 2015-08-17 | TOL | Toll Brothers, Inc. | Connor Martin P. | Officer | OPT+S | $40.95 | 4,000 | $163,800 | 4,110 |
| 2015-08-19 19:31 | 2015-08-18 | TOL | Toll Brothers, Inc. | Yearley Douglas C. Jr. | Director, Officer | SELL | $41.48 | 10,000 | $414,750 | 70,762 |
| 2015-08-19 23:21 | 2015-08-18 | PHM | PULTEGROUP INC/MI/ | Ellinghausen James R | Officer | OPT+S | $21.39 | 30,000 | $641,700 | 405,316 |
| 2015-08-13 18:28 | 2015-08-11 | LGIH | LGI Homes, Inc. | Lipar Thomas E | 10% owner | SELL | $24.26 | 88,723 | $2,152,145 | 150,000 |
| 2015-08-11 19:04 | 2015-08-10 | MTH | Meritage Homes CORP | Sarver Robert Gary | Director | SELL | $43.25 | 12,000 | $519,000 | 201,040 |
| 2015-08-03 18:48 | 2015-07-31 | MTH | Meritage Homes CORP | HADDOCK GERALD W | Director | SELL | $44.86 | 5,000 | $224,300 | 41,000 |
| 2015-07-30 23:15 | 2015-07-29 | MHO | M/I HOMES, INC. | SCHOTTENSTEIN ROBERT H | Director, Officer | OPT+S | $24.37 | 14,079 | $343,073 | 58,290 |
| 2015-07-30 00:00 | 2015-07-28 | MHO | M/I HOMES, INC. | SCHOTTENSTEIN ROBERT H | Director, Officer | OPT+S | $24.28 | 25,000 | $606,960 | 58,290 |
| 2015-07-28 23:16 | 2015-07-27 | MHO | M/I HOMES, INC. | SCHOTTENSTEIN ROBERT H | Director, Officer | OPT+S | $24.16 | 5,321 | $128,563 | 58,290 |
| 2015-07-20 16:47 | 2015-07-16 | LGIH | LGI Homes, Inc. | Lipar Thomas E | 10% owner | SELL | $18.57 | 36,900 | $685,325 | 1,250,650 |
| 2015-07-16 17:37 | 2015-07-14 | LGIH | LGI Homes, Inc. | Lipar Thomas E | 10% owner | SELL | $19.10 | 49,112 | $938,054 | 1,287,550 |
| 2015-07-14 18:59 | 2015-07-10 | LGIH | LGI Homes, Inc. | Lipar Thomas E | 10% owner | SELL | $19.45 | 47,916 | $932,081 | 1,336,662 |
| 2015-07-10 20:28 | 2015-07-08 | LGIH | LGI Homes, Inc. | Lipar Thomas E | 10% owner | SELL | $18.72 | 48,235 | $903,007 | 1,384,578 |
| 2015-07-09 23:57 | 2015-07-07 | LGIH | LGI Homes, Inc. | Lipar Eric Thomas | Director, Officer, 10% owner | SELL | $18.62 | 10,000 | $186,200 | 503,357 |
| 2015-07-08 21:55 | 2015-07-06 | LGIH | LGI Homes, Inc. | Lipar Thomas E | 10% owner | SELL | $18.74 | 69,891 | $1,309,555 | 1,432,813 |
| 2015-07-06 22:40 | 2015-07-01 | LGIH | LGI Homes, Inc. | Lipar Thomas E | 10% owner | SELL | $19.10 | 63,568 | $1,213,895 | 1,502,704 |
| 2015-07-03 01:37 | 2015-07-01 | TPH | Tri Pointe Homes, Inc. | BAUER DOUGLAS F. | Director, Officer | SELL | $15.20 | 80,000 | $1,216,000 | 885,744 |
| 2015-07-03 01:12 | 2015-07-01 | TPH | Tri Pointe Homes, Inc. | GRUBBS MICHAEL D. | Officer | SELL | $15.22 | 45,000 | $684,900 | 770,865 |
| 2015-07-02 00:27 | 2015-07-01 | GRBK | Green Brick Partners, Inc. | Farris John R | Director | BUY | $10.00 | 20,000 | $200,000 | 25,727 |
| 2015-07-02 00:23 | 2015-07-01 | GRBK | Green Brick Partners, Inc. | Olsen Kathleen | Director | BUY | $10.00 | 2,000 | $20,000 | 7,727 |
| 2015-07-02 00:31 | 2015-07-01 | GRBK | Green Brick Partners, Inc. | BLAKE ELIZABETH | Director | BUY | $10.00 | 20,000 | $200,000 | 42,592 |
| 2015-07-02 00:07 | 2015-07-01 | GRBK | Green Brick Partners, Inc. | Loeb Daniel S | 10% owner | BUY | $10.00 | 2,840,898 | $28,408,980 | 8,083,022 |
| 2015-07-02 00:33 | 2015-07-01 | GRBK | Green Brick Partners, Inc. | EINHORN DAVID | Director, 10% owner | BUY | $10.00 | 8,476,863 | $84,768,630 | 1,741,395 |
| 2015-07-01 00:47 | 2015-06-26 | GRBK | Green Brick Partners, Inc. | Press Richard S | Director | BUY | $10.11 | 10,000 | $101,131 | 15,727 |
| 2015-06-27 02:22 | 2015-06-24 | TPH | Tri Pointe Homes, Inc. | GRUBBS MICHAEL D. | Officer | SELL | $16.00 | 45,000 | $720,000 | 815,865 |
| 2015-06-27 02:00 | 2015-06-24 | TPH | Tri Pointe Homes, Inc. | MITCHELL THOMAS J. | Officer | SELL | $16.00 | 25,000 | $400,000 | 1,010,822 |
| 2015-06-16 23:02 | 2015-06-15 | DHI | HORTON D R INC /DE/ | Allen Barbara K | Director | SELL | $26.75 | 2,222 | $59,441 | 5,650 |
| 2015-06-15 22:26 | 2015-06-12 | TPH | Tri Pointe Homes, Inc. | BAUER DOUGLAS F. | Director, Officer | SELL | $15.00 | 23,340 | $350,100 | 965,744 |
| 2015-06-05 01:56 | 2015-06-02 | TPH | Tri Pointe Homes, Inc. | Krivanec Ken | Officer | OPT+S | $14.74 | 17,120 | $252,349 | 30,117 |
| 2015-06-04 01:49 | 2015-06-01 | TPH | Tri Pointe Homes, Inc. | Bauer Douglas F. | Director, Officer | SELL | $15.01 | 47,997 | $720,435 | 989,084 |
| 2015-06-01 17:00 | 2015-05-29 | TOL | Toll Brothers, Inc. | BRAEMER RICHARD J | Director | SELL | $36.26 | 15,000 | $543,825 | 128,989 |
| 2015-06-01 17:10 | 2015-05-29 | TOL | Toll Brothers, Inc. | MARBACH CARL B | Director | SELL | $36.33 | 4,000 | $145,326 | 100,959 |
| 2015-05-21 02:45 | 2015-05-19 | TPH | Tri Pointe Homes, Inc. | Bauer Douglas F. | Director, Officer | SELL | $15.01 | 4,000 | $60,040 | 1,037,081 |
| 2015-05-15 00:12 | 2015-05-12 | LGIH | LGI Homes, Inc. | Snider Michael Larry | Officer | SELL | $17.86 | 2,900 | $51,794 | 105,904 |
| 2015-05-13 00:42 | 2015-05-08 | TPH | Tri Pointe Homes, Inc. | Bauer Douglas F. | Director, Officer | SELL | $15.00 | 12,700 | $190,500 | 1,041,081 |
| 2015-04-30 18:23 | 2015-04-27 | PHM | PULTEGROUP INC/MI/ | BLAIR BRYCE | Director | BUY | $20.28 | 4,925 | $99,879 | 82,238 |
| 2015-04-29 18:35 | 2015-04-28 | NVR | NVR INC | Grier Eddie Arthur | Director | BUY | $1,350.00 | 33 | $44,550 | 521 |
| 2015-04-28 23:19 | 2015-04-27 | KBH | KB HOME | Franklin Nicholas S | Officer | BUY | $14.76 | 5,000 | $73,800 | 5,000 |
| 2015-04-28 21:32 | 2015-04-27 | MHO | M/I HOMES, INC. | IGOE THOMAS D | Director | SELL | $23.44 | 9,207 | $215,786 | 0 |
| 2015-04-29 02:18 | 2015-04-27 | MTH | Meritage Homes CORP | SEAY LARRY WAYNE | Officer | SELL | $45.14 | 17,333 | $782,451 | 60,920 |
| 2015-04-24 19:38 | 2015-04-22 | LGIH | LGI Homes, Inc. | Lipar Thomas E | 10% owner | SELL | $17.46 | 53,541 | $934,853 | 2,016,272 |
| 2015-04-22 21:31 | 2015-04-20 | LGIH | LGI Homes, Inc. | Lipar Thomas E | 10% owner | SELL | $17.59 | 46,459 | $817,414 | 2,069,813 |
| 2015-04-20 22:28 | 2015-04-16 | HOV | HOVNANIAN ENTERPRISES INC | HOVNANIAN ARA K | Director, Officer, 10% owner | SELL | $3.57 | 314,937 | $1,122,813 | 3,057,965 |
| 2015-04-08 19:00 | 2015-04-07 | TOL | Toll Brothers, Inc. | TOLL BRUCE E | Director | SELL | $38.98 | 200,000 | $7,796,800 | 98,348 |
| 2015-04-08 23:53 | 2015-04-07 | LGIH | LGI Homes, Inc. | Lipar Eric Thomas | Director, Officer, 10% owner | SELL | $17.55 | 10,000 | $175,500 | 513,357 |
| 2015-04-08 18:48 | 2015-04-06 | TOL | Toll Brothers, Inc. | Yearley Douglas C. Jr. | Director, Officer | SELL | $40.00 | 5,000 | $200,000 | 80,762 |
| 2015-04-04 00:26 | 2015-04-01 | TPH | Tri Pointe Homes, Inc. | GRUBBS MICHAEL D | Officer | SELL | $15.21 | 45,000 | $684,450 | 860,865 |
| 2015-04-04 00:45 | 2015-04-01 | TPH | Tri Pointe Homes, Inc. | MITCHELL THOMAS J | Officer | SELL | $15.52 | 25,000 | $387,993 | 1,035,822 |
| 2015-04-01 19:13 | 2015-03-31 | TOL | Toll Brothers, Inc. | TOLL BRUCE E | Director | SELL | $39.24 | 172,000 | $6,748,420 | 298,348 |
Sector-Wide Insider Alpha
Analyzing insider movements across the Operative Builders sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (1531) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in Operative Builders
Every transaction in the Operative Builders industry is reported via Form 4 disclosures. By filtering these filings by industry, investors can detect institutional-scale sentiment shifts before they are reflected in broader market indices, following the capital flow of those with intimate industry knowledge.
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.