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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021-11-19 00:11 | 2021-11-17 | FHI | FEDERATED HERMES, INC. | Germain Peter J | Officer | SELL | $34.94 | 3,233 | $112,956 | 158,506 |
| 2021-11-19 00:09 | 2021-11-17 | FHI | FEDERATED HERMES, INC. | FISHER JOHN B | Director, Officer | SELL | $34.89 | 8,494 | $296,342 | 521,113 |
| 2021-11-19 00:08 | 2021-11-17 | FHI | FEDERATED HERMES, INC. | Dudiak Dolores D | Officer | SELL | $34.93 | 804 | $28,085 | 64,193 |
| 2021-11-19 00:06 | 2021-11-17 | FHI | FEDERATED HERMES, INC. | Ceresino Gordon J | Officer | SELL | $34.91 | 7,681 | $268,141 | 179,350 |
| 2021-11-17 20:24 | 2021-11-15 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $319.27 | 12,062 | $3,850,983 | 13,381,251 |
| 2021-11-17 00:37 | 2021-11-16 | BEN | FRANKLIN RESOURCES INC | Shaneyfelt Gwen L | Officer | SELL | $35.82 | 10,000 | $358,246 | 61,079 |
| 2021-11-16 01:02 | 2021-11-12 | VRTS | VIRTUS INVESTMENT PARTNERS, INC. | BRADLEY WILLIAM PATRICK III | Officer | SELL | $335.00 | 300 | $100,500 | 9,242 |
| 2021-11-15 21:25 | 2021-11-11 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $315.72 | 19,645 | $6,202,398 | 13,393,313 |
| 2021-11-12 20:07 | 2021-11-09 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $312.19 | 16,248 | $5,072,539 | 13,412,958 |
| 2021-11-12 20:05 | 2021-11-11 | MORN | Morningstar, Inc. | Kaplan Steven N | Director | SELL | $312.87 | 1,000 | $312,870 | 44,130 |
| 2021-11-12 20:58 | 2021-02-01 | MORN | Morningstar, Inc. | TSAY CAROLINE J | Director | BUY | $234.68 | 5 | $1,152 | 6,039 |
| 2021-11-12 20:55 | 2020-05-01 | MORN | Morningstar, Inc. | FRANCIS CHERYL A | Director | OPT+S | $151.83 | 874 | $132,699 | 31,340 |
| 2021-11-11 00:27 | 2021-11-08 | AMP | Ameriprise Financial, Inc. | THISSEN KAREN WILSON | Officer | SELL | $308.03 | 1,500 | $462,039 | 10,157 |
| 2021-11-11 01:52 | 2021-11-09 | CG | Carlyle Group Inc. | Rubenstein David M. | Director | SELL | $58.00 | 2,000,000 | $116,000,000 | 31,249,644 |
| 2021-11-11 04:07 | 2021-11-08 | ARES | Ares Management Corporation | deVeer R. Kipp | Director, Officer | SELL | $85.74 | 89,354 | $7,660,944 | 845,112 |
| 2021-11-09 21:43 | 2021-11-05 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $312.89 | 7,005 | $2,191,782 | 13,429,206 |
| 2021-11-08 23:57 | 2021-11-05 | BEN | FRANKLIN RESOURCES INC | Plafker Jed A. | Officer | SELL | $35.86 | 21,705 | $778,363 | 111,607 |
| 2021-11-09 00:56 | 2021-11-05 | VRTS | VIRTUS INVESTMENT PARTNERS, INC. | BRADLEY WILLIAM PATRICK III | Officer | SELL | $333.75 | 300 | $100,125 | 9,542 |
| 2021-11-09 00:23 | 2021-11-04 | IVZ | Invesco Ltd. | Meadows Colin | Officer | SELL | $25.84 | 47,210 | $1,219,906 | 135,937 |
| 2021-11-06 00:56 | 2021-11-03 | STEP | StepStone Group Inc. | Keck Thomas | Director | SELL | $46.94 | 44,082 | $2,069,209 | 0 |
| 2021-11-05 23:15 | 2021-11-04 | PJT | PJT Partners Inc. | Skaugen Grace Reksten | Director | BUY | $84.30 | 500 | $42,150 | 500 |
| 2021-11-05 17:13 | 2021-11-03 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $312.66 | 14,645 | $4,578,963 | 13,436,211 |
| 2021-11-06 01:49 | 2021-11-03 | ARES | Ares Management Corporation | deVeer R. Kipp | Director, Officer | SELL | $85.97 | 108,836 | $9,356,794 | 934,466 |
| 2021-11-06 00:48 | 2021-11-03 | WHG | WESTWOOD HOLDINGS GROUP INC | FRANK RICHARD M | Director | BUY | $17.75 | 5,000 | $88,750 | 53,366 |
| 2021-11-06 02:02 | 2021-11-03 | KKR | KKR & Co. Inc. | ROBERTS GEORGE R | Director, Officer, 10% owner | SELL | $82.25 | 4,667,166 | $383,874,404 | 0 |
| 2021-11-06 02:01 | 2021-11-03 | KKR | KKR & Co. Inc. | KRAVIS HENRY R | Director, Officer, 10% owner | SELL | $82.25 | 4,667,166 | $383,874,404 | 0 |
| 2021-11-05 00:11 | 2021-11-02 | VRTS | VIRTUS INVESTMENT PARTNERS, INC. | BRADLEY WILLIAM PATRICK III | Officer | SELL | $327.85 | 1,059 | $347,193 | 9,842 |
| 2021-11-04 16:00 | 2021-11-03 | RILY | BRC Group Holdings, Inc. | Young Kenneth M | Officer | BUY | $78.31 | 1,000 | $78,313 | 17,100 |
| 2021-11-04 23:48 | 2021-11-02 | HLI | HOULIHAN LOKEY, INC. | ALLEY J LINDSEY | Officer | SELL | $116.93 | 10,000 | $1,169,300 | 0 |
| 2021-11-05 01:53 | 2021-11-03 | CG | Carlyle Group Inc. | ROBERTSON THOMAS S | Director | SELL | $56.68 | 30,000 | $1,700,400 | 21,930 |
| 2021-11-03 19:14 | 2021-11-01 | MORN | Morningstar, Inc. | Mansueto Joseph D | Director, Officer, 10% owner | SELL | $316.03 | 6,024 | $1,903,769 | 13,450,856 |
| 2021-11-04 00:58 | 2021-11-01 | WHG | WESTWOOD HOLDINGS GROUP INC | WOOLDRIDGE RAYMOND E | Director | BUY | $17.49 | 10,000 | $174,887 | 77,597 |
| 2021-11-04 00:55 | 2021-11-01 | WHG | WESTWOOD HOLDINGS GROUP INC | CASEY BRIAN O | Director, Officer | BUY | $17.25 | 3,022 | $52,130 | 366,217 |
| 2021-11-04 00:08 | 2021-11-01 | EVR | Evercore Inc. | SCHLOSSTEIN RALPH | Director, Officer | SELL | $154.89 | 18,612 | $2,882,880 | 428,918 |
| 2021-11-03 15:07 | 2021-11-02 | AMG | Affiliated Managers Group Inc. | Jeffery Reuben III | Director | BUY | $188.39 | 2,700 | $508,653 | 23,197 |
| 2021-11-03 03:00 | 2021-10-29 | STEP | StepStone Group Inc. | Keck Thomas | Director | SELL | $47.26 | 166,485 | $7,867,382 | 44,082 |
| 2021-11-02 23:38 | 2021-10-29 | AMP | Ameriprise Financial, Inc. | CRACCHIOLO JAMES M | Director, Officer | OPT+S | $303.67 | 30,632 | $9,302,121 | 171,880 |
| 2021-11-03 02:54 | 2021-10-29 | ARES | Ares Management Corporation | deVeer R. Kipp | Director, Officer | SELL | $84.45 | 101,810 | $8,597,580 | 1,043,302 |
| 2021-11-02 01:57 | 2021-10-28 | MC | Moelis & Co | Shropshire Kenneth | Director | SELL | $71.71 | 2,142 | $153,603 | 5,235 |
| 2021-11-01 23:15 | 2021-10-28 | AMP | Ameriprise Financial, Inc. | Berman Walter Stanley | Officer | OPT+S | $302.37 | 15,986 | $4,833,688 | 15,343 |
| 2021-10-29 02:09 | 2021-10-27 | STEP | StepStone Group Inc. | Keck Thomas | Director | SELL | $46.39 | 77,765 | $3,607,868 | 210,567 |
| 2021-10-28 00:56 | 2021-10-25 | PX | Ridgepost Capital, Inc. | Poston Edwin A. | Director | SELL | $12.00 | 1,805,430 | $21,665,160 | 0 |
| 2021-10-28 00:55 | 2021-10-25 | PX | Ridgepost Capital, Inc. | Blatherwick Nell M. | SELL | $12.00 | 2,268,141 | $27,217,692 | 0 | |
| 2021-10-28 00:55 | 2021-10-25 | PX | Ridgepost Capital, Inc. | Souder William F. | Director, Officer | SELL | $12.00 | 474,540 | $5,694,480 | 0 |
| 2021-10-28 01:25 | 2021-10-27 | STEP | StepStone Group Inc. | Waldo Robert | 10% owner | SELL | $45.38 | 1,262 | $57,274 | 5,018,044 |
| 2021-10-28 00:57 | 2021-10-25 | PX | Ridgepost Capital, Inc. | Gehl Jeff Patrick | Officer | SELL | $12.00 | 474,540 | $5,694,480 | 0 |
| 2021-10-28 00:56 | 2021-10-25 | PX | Ridgepost Capital, Inc. | 210 Capital, LLC | 10% owner | SELL | $12.00 | 1,172,884 | $14,074,608 | 0 |
| 2021-10-27 03:02 | 2021-10-22 | STEP | StepStone Group Inc. | Keck Thomas | Director | SELL | $44.77 | 64,279 | $2,877,912 | 288,332 |
| 2021-10-27 02:58 | 2021-10-22 | STEP | StepStone Group Inc. | McCabe Michael I | Director, Officer | SELL | $44.52 | 105,059 | $4,677,437 | 0 |
| 2021-10-27 02:57 | 2021-10-25 | STEP | StepStone Group Inc. | Park David Y | Officer | SELL | $45.01 | 3,000 | $135,030 | 28,300 |
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.