Investment Advice
Standard Industrial Classification: SIC 6282
Industry Insider Sentiment Analysis
The Investment Advice sector (SIC 6282) 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022-05-20 21:40 | 2022-05-19 | MORN | Morningstar, Inc. | TSAY CAROLINE J | Director | SELL | $235.63 | 963 | $226,912 | 5,750 |
| 2022-05-20 18:02 | 2022-05-19 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $236.18 | 11,846 | $2,797,821 | 12,529,784 |
| 2022-05-21 00:00 | 2022-05-19 | RILY | BRC Group Holdings, Inc. | ASHER DANIEL | 10% owner | BUY | $49.95 | 1,200 | $59,940 | 1,351,993 |
| 2022-05-19 22:59 | 2022-05-18 | RILY | BRC Group Holdings, Inc. | ASHER DANIEL | 10% owner | BUY | $50.42 | 21,200 | $1,068,896 | 1,350,793 |
| 2022-05-18 19:23 | 2022-05-16 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $242.21 | 12,218 | $2,959,367 | 12,541,630 |
| 2022-05-19 00:06 | 2022-05-17 | RILY | BRC Group Holdings, Inc. | ASHER DANIEL | 10% owner | BUY | $49.41 | 6,000 | $296,430 | 1,329,593 |
| 2022-05-19 00:06 | 2022-05-17 | RILY | BRC Group Holdings, Inc. | ASHER DANIEL | 10% owner | SELL | $51.00 | 300 | $15,300 | 1,323,593 |
| 2022-05-17 21:49 | 2022-05-16 | MORN | Morningstar, Inc. | Diamonte Robin | Director | SELL | $241.00 | 600 | $144,600 | 8,467 |
| 2022-05-17 23:43 | 2022-05-16 | RILY | BRC Group Holdings, Inc. | ASHER DANIEL | 10% owner | BUY | $49.09 | 5,290 | $259,701 | 1,323,893 |
| 2022-05-17 23:08 | 2022-05-17 | FHI | FEDERATED HERMES, INC. | Ceresino Gordon J | Officer | SELL | $32.49 | 27,493 | $893,140 | 20,000 |
| 2022-05-16 23:55 | 2022-05-12 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $237.98 | 21,845 | $5,198,669 | 12,553,848 |
| 2022-05-16 21:33 | 2022-05-16 | VALU | VALUE LINE INC | ANASTASIO STEPHEN | Director, Officer | BUY | $73.00 | 600 | $43,800 | 600 |
| 2022-05-14 00:09 | 2022-05-13 | RILY | BRC Group Holdings, Inc. | RILEY BRYANT R | Director, Officer | BUY | $48.30 | 50,000 | $2,414,860 | 5,839,609 |
| 2022-05-12 19:04 | 2022-05-11 | RILY | BRC Group Holdings, Inc. | KELLEHER THOMAS J /ADV | Officer | BUY | $46.14 | 5,000 | $230,684 | 29,300 |
| 2022-05-12 16:59 | 2022-05-10 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $237.49 | 15,991 | $3,797,691 | 12,575,693 |
| 2022-05-12 19:04 | 2022-05-11 | RILY | BRC Group Holdings, Inc. | RILEY BRYANT R | Director, Officer, 10% owner | BUY | $45.70 | 16,296 | $744,791 | 5,789,609 |
| 2022-05-11 23:02 | 2022-05-10 | IVZ | Invesco Ltd. | Vacheron Terry | Officer | BUY | $17.40 | 4,000 | $69,600 | 10,696 |
| 2022-05-11 04:23 | 2022-05-09 | BX | Blackstone Inc. | Porat Ruth | Director | BUY | $98.73 | 50 | $4,964 | 15,992 |
| 2022-05-10 21:32 | 2022-05-09 | RILY | BRC Group Holdings, Inc. | Labran Renee E | Director | BUY | $48.98 | 408 | $19,984 | 1,646 |
| 2022-05-10 19:35 | 2022-05-06 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $251.71 | 100 | $25,171 | 12,591,684 |
| 2022-05-10 19:38 | 2022-05-09 | RILY | BRC Group Holdings, Inc. | RILEY BRYANT R | Director, Officer, 10% owner | BUY | $46.99 | 75,000 | $3,523,988 | 5,773,313 |
| 2022-05-07 00:36 | 2022-05-04 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $258.12 | 9,007 | $2,324,843 | 12,591,784 |
| 2022-05-04 18:29 | 2022-05-02 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $254.00 | 22,409 | $5,691,859 | 12,600,791 |
| 2022-05-04 20:23 | 2022-05-03 | RILY | BRC Group Holdings, Inc. | PAULSON RANDALL E | Director | BUY | $48.46 | 10,000 | $484,592 | 184,417 |
| 2022-05-03 18:55 | 2022-05-02 | RILY | BRC Group Holdings, Inc. | Moore Andrew | Officer | BUY | $45.94 | 10,000 | $459,377 | 244,758 |
| 2022-05-03 18:52 | 2022-05-02 | RILY | BRC Group Holdings, Inc. | ANTIN ROBERT L | Director | BUY | $45.53 | 10,000 | $455,300 | 24,008 |
| 2022-05-03 18:53 | 2022-05-02 | RILY | BRC Group Holdings, Inc. | Sheldon Michael Joseph | Director | BUY | $47.68 | 10,000 | $476,792 | 43,164 |
| 2022-05-03 18:53 | 2022-05-02 | RILY | BRC Group Holdings, Inc. | Young Kenneth M | Officer | BUY | $46.69 | 2,500 | $116,734 | 29,600 |
| 2022-05-03 18:52 | 2022-05-02 | RILY | BRC Group Holdings, Inc. | PAULSON RANDALL E | Director | BUY | $46.03 | 20,000 | $920,520 | 174,417 |
| 2022-05-03 22:14 | 2022-05-03 | RILY | BRC Group Holdings, Inc. | RILEY BRYANT R | Director, Officer, 10% owner | BUY | $48.71 | 48,814 | $2,377,662 | 5,698,313 |
| 2022-05-03 18:57 | 2022-05-02 | RILY | BRC Group Holdings, Inc. | RILEY BRYANT R | Director, Officer, 10% owner | BUY | $46.85 | 192,529 | $9,020,138 | 5,649,499 |
| 2022-05-03 20:03 | 2022-05-02 | TROW | PRICE T ROWE GROUP INC | Hiebler Jessica M | Officer | OPT+S | $125.00 | 730 | $91,253 | 13,089 |
| 2022-05-02 22:00 | 2022-04-28 | DHIL | DIAMOND HILL INVESTMENT GROUP INC | BRILLIANT HEATHER E | Director, Officer | BUY | $172.01 | 736 | $126,601 | 38,041 |
| 2022-04-29 01:00 | 2022-04-27 | BX | Blackstone Inc. | Porat Ruth | Director | BUY | $109.69 | 5,000 | $548,450 | 15,942 |
| 2022-04-07 03:14 | 2022-04-04 | ARES | Ares Management Corporation | Arougheti Michael J | Director, Officer | SELL | $85.06 | 26,879 | $2,286,328 | 473,121 |
| 2022-04-05 19:15 | 2022-04-04 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $273.34 | 15,077 | $4,121,182 | 12,623,200 |
| 2022-04-05 17:01 | 2022-04-01 | SLGD | Horizon Kinetics Holding Corp | GOLDSTEIN MARK E | 10% owner | SELL | $0.98 | 127,000 | $124,460 | 2,584,538 |
| 2022-04-05 00:34 | 2022-03-31 | IVZ | Invesco Ltd. | TRIAN FUND MANAGEMENT, L.P. | 10% owner | BUY | $23.12 | 3,724,600 | $86,125,043 | 55,745,000 |
| 2022-04-04 18:06 | 2022-03-31 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $276.75 | 5,907 | $1,634,753 | 12,638,277 |
| 2022-04-01 19:21 | 2022-04-01 | DHIL | DIAMOND HILL INVESTMENT GROUP INC | BRILLIANT HEATHER E | Director, Officer | SELL | $187.30 | 297 | $55,628 | 38,341 |
| 2022-04-01 19:17 | 2022-04-01 | DHIL | DIAMOND HILL INVESTMENT GROUP INC | Line Thomas Edward | Officer | SELL | $187.30 | 166 | $31,092 | 19,969 |
| 2022-04-01 00:56 | 2022-03-29 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $279.85 | 29,786 | $8,335,561 | 12,644,184 |
| 2022-04-01 00:12 | 2022-03-29 | JHG | JANUS HENDERSON GROUP PLC | PELTZ NELSON | Director, 10% owner | BUY | $35.63 | 682,514 | $24,321,045 | 31,867,800 |
| 2022-04-01 00:13 | 2022-03-29 | JHG | JANUS HENDERSON GROUP PLC | GARDEN EDWARD P | Director, 10% owner | BUY | $35.63 | 682,514 | $24,321,045 | 31,867,800 |
| 2022-03-31 23:04 | 2022-03-30 | FHI | FEDERATED HERMES, INC. | DONAHUE THOMAS R | Director, Officer | SELL | $34.18 | 30,000 | $1,025,511 | 605,830 |
| 2022-03-31 00:46 | 2022-03-28 | IVZ | Invesco Ltd. | TRIAN FUND MANAGEMENT, L.P. | 10% owner | BUY | $23.04 | 3,529,920 | $81,330,769 | 52,020,400 |
| 2022-03-30 23:16 | 2022-03-28 | AMP | Ameriprise Financial, Inc. | Berman Walter Stanley | Officer | SELL | $312.01 | 8,711 | $2,717,958 | 10,751 |
| 2022-03-29 23:19 | 2022-03-25 | AMP | Ameriprise Financial, Inc. | Alvero Gumer | Officer | OPT+S | $314.30 | 2,044 | $642,425 | 7,717 |
| 2022-03-29 20:33 | 2022-03-25 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $269.98 | 19,026 | $5,136,544 | 12,673,970 |
| 2022-03-29 23:22 | 2022-03-25 | AMP | Ameriprise Financial, Inc. | CRACCHIOLO JAMES M | Director, Officer | SELL | $314.16 | 56,622 | $17,788,520 | 160,597 |
Sector-Wide Insider Alpha
Analyzing insider movements across the Investment Advice sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (6282) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in Investment Advice
Every transaction in the Investment Advice 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.