Services-Business Services, NEC
Standard Industrial Classification: SIC 7389
Industry Insider Sentiment Analysis
The Services-Business Services, NEC sector (SIC 7389) 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-14 02:15 | 2024-03-11 | ACVA | ACV Auctions Inc. | Hirsch Brian | Director | SELL | $17.51 | 103,226 | $1,807,074 | 275,452 |
| 2024-03-14 04:20 | 2024-03-11 | PAYS | Paysign, Inc. | Topline Capital Management, LLC | BUY | $3.01 | 104,398 | $314,739 | 6,048,017 | |
| 2024-03-14 04:14 | 2024-03-11 | PAYS | Paysign, Inc. | Topline Capital Partners, LP | 10% owner | BUY | $3.01 | 104,398 | $314,739 | 6,048,017 |
| 2024-03-14 00:18 | 2024-03-11 | PAYO | Payoneer Global Inc. | Galit Scott H. | Director | OPT+S | $4.53 | 647,342 | $2,935,502 | 3,127,981 |
| 2024-03-14 02:54 | 2024-03-04 | FLT | CORPAY, INC. | Clarke Ronald | Director, Officer | OPT+S | $282.38 | 157,435 | $44,456,511 | 2,023,491 |
| 2024-03-13 23:05 | 2024-02-27 | LQDT | LIQUIDITY SERVICES INC | ELLIS GEORGE H | Director | SELL | $17.50 | 6,000 | $105,000 | 19,402 |
| 2024-03-12 14:56 | 2024-03-07 | NOTE | FiscalNote Holdings, Inc. | Slabaugh Jon | Officer | SELL | $2.19 | 866 | $1,897 | 141,305 |
| 2024-03-12 14:56 | 2024-03-07 | NOTE | FiscalNote Holdings, Inc. | Resnik Josh | Officer | SELL | $2.19 | 875 | $1,916 | 464,323 |
| 2024-03-13 03:45 | 2024-03-08 | RELY | Remitly Global, Inc. | Sinha Ankur | Officer | SELL | $21.00 | 1,112 | $23,352 | 247,699 |
| 2024-03-13 00:00 | 2024-03-08 | RPAY | Repay Holdings Corp | Murphy Timothy John | Officer | SELL | $10.00 | 47,195 | $471,950 | 588,112 |
| 2024-03-13 00:23 | 2024-03-12 | MAX | MediaAlpha, Inc. | INSIGNIA CAPITAL PARTNERS GP, L.L.C. | 10% owner | SELL | $19.85 | 2,950,000 | $58,557,500 | 50,000 |
| 2024-03-12 23:28 | 2024-03-08 | FLYW | Flywire Corp | Butterfield Peter | Officer | SELL | $26.63 | 15,720 | $418,587 | 198,133 |
| 2024-03-13 00:10 | 2024-03-08 | CART | Maplebear Inc. | Ramsay Alan | Officer | SELL | $34.33 | 12,113 | $415,855 | 114,205 |
| 2024-03-13 00:09 | 2024-03-08 | CART | Maplebear Inc. | Giovanni Nick | Officer | SELL | $34.67 | 10,000 | $346,685 | 586,977 |
| 2024-03-13 00:06 | 2024-03-08 | CART | Maplebear Inc. | Fong Morgan | Officer | OPT+S | $34.32 | 98,200 | $3,370,175 | 283,068 |
| 2024-03-12 23:31 | 2024-03-08 | AMWL | American Well Corporation | McNeice Paul Francis | Officer | SELL | $1.03 | 5,418 | $5,572 | 197,865 |
| 2024-03-12 23:29 | 2024-03-11 | FLYW | Flywire Corp | Riese Phillip John | Director | OPT+S | $26.37 | 50,000 | $1,318,270 | 282,037 |
| 2024-03-12 23:41 | 2024-03-07 | FLT | CORPAY, INC. | King Alan | Officer | OPT+S | $290.45 | 7,004 | $2,034,345 | 19,114 |
| 2024-03-12 23:38 | 2024-03-11 | AKAM | Akamai Technologies Inc. | Ahola Aaron | Officer | SELL | $110.63 | 10,944 | $1,210,770 | 16,178 |
| 2024-03-12 23:38 | 2024-03-11 | AKAM | Akamai Technologies Inc. | McGowan Edward J | Officer | SELL | $110.55 | 4,651 | $514,168 | 23,255 |
| 2024-03-12 22:48 | 2024-03-11 | SGRP | SPAR Group, Inc. | BROWN ROBERT G/ | 10% owner | SELL | $1.02 | 500 | $510 | 3,398,163 |
| 2024-03-11 23:40 | 2024-03-08 | SEZL | Sezzle Inc. | Paradis Paul | Director, Officer | SELL | $63.34 | 1,645 | $104,196 | 210,964 |
| 2024-03-11 23:34 | 2024-03-07 | PAY | Paymentus Holdings, Inc. | Kalra Sanjay | Officer | SELL | $18.64 | 65,855 | $1,227,294 | 409,205 |
| 2024-03-09 00:02 | 2024-03-06 | RELY | Remitly Global, Inc. | Sinha Ankur | Officer | SELL | $21.04 | 32,826 | $690,633 | 248,811 |
| 2024-03-09 00:30 | 2024-03-06 | ADV | Advantage Solutions Inc. | Growe Christopher | Officer | BUY | $3.49 | 10,000 | $34,868 | 110,000 |
| 2024-03-09 01:39 | 2024-03-06 | ALIT | Alight Inc. | Rooney Katie J. | Officer | SELL | $8.98 | 31,618 | $283,813 | 2,958,240 |
| 2024-03-09 00:18 | 2024-03-07 | SEZL | Sezzle Inc. | Paradis Paul | Director, Officer | SELL | $63.25 | 1,470 | $92,973 | 212,609 |
| 2024-03-09 02:15 | 2024-03-06 | ACVA | ACV Auctions Inc. | Hirsch Brian | Director | SELL | $18.23 | 347,290 | $6,332,694 | 301,258 |
| 2024-03-09 01:09 | 2024-03-06 | EXLS | ExlService Holdings, Inc. | Bhalla Vikas | Officer | SELL | $31.51 | 23,760 | $748,678 | 127,046 |
| 2024-03-09 01:12 | 2024-03-06 | DASH | DoorDash, Inc. | Brown Shona L | Director | SELL | $133.09 | 703 | $93,562 | 70,811 |
| 2024-03-09 03:14 | 2024-03-07 | FLT | CORPAY, INC. | Vickery Alissa B | Officer | OPT+S | $290.31 | 2,794 | $811,130 | 1,885 |
| 2024-03-09 00:34 | 2024-03-08 | AKAM | Akamai Technologies Inc. | Karon Adam | Officer | OPT+S | $112.46 | 21,709 | $2,441,394 | 29,440 |
| 2024-03-09 00:32 | 2024-03-07 | AKAM | Akamai Technologies Inc. | Sundaram Mani | Officer | OPT+S | $111.95 | 1,313 | $146,990 | 16,867 |
| 2024-03-08 00:08 | 2024-03-05 | RELY | Remitly Global, Inc. | Sharma Pankaj | Officer | SELL | $20.34 | 2,000 | $40,680 | 124,019 |
| 2024-03-08 01:13 | 2024-03-05 | ACVA | ACV Auctions Inc. | Mehta Vikas | Officer | OPT+S | $18.62 | 342,500 | $6,377,795 | 333,327 |
| 2024-03-08 01:12 | 2024-03-05 | ACVA | ACV Auctions Inc. | Waterman Michael | Officer | SELL | $18.47 | 10,130 | $187,101 | 234,234 |
| 2024-03-08 02:22 | 2024-03-05 | PAYS | Paysign, Inc. | Topline Capital Management, LLC | BUY | $2.93 | 181,701 | $533,165 | 5,943,619 | |
| 2024-03-08 02:14 | 2024-03-05 | PAYS | Paysign, Inc. | Topline Capital Partners, LP | 10% owner | BUY | $2.93 | 181,701 | $533,165 | 5,943,619 |
| 2024-03-08 01:11 | 2024-03-05 | ACVA | ACV Auctions Inc. | ZERELLA WILLIAM | Officer | OPT+S | $18.72 | 50,000 | $936,000 | 323,286 |
| 2024-03-07 22:27 | 2024-03-07 | BR | BROADRIDGE FINANCIAL SOLUTIONS, INC. | DESCHUTTER DOUGLAS RICHARD | Officer | SELL | $204.71 | 12,200 | $2,497,474 | 32,480 |
| 2024-03-08 01:50 | 2024-03-05 | WEX | WEX Inc. | Narula Jagtar | Officer | SELL | $221.07 | 1,725 | $381,346 | 1,759 |
| 2024-03-07 02:49 | 2024-03-04 | FLYW | Flywire Corp | Orgel Rob | Officer | SELL | $27.28 | 20,972 | $572,057 | 464,463 |
| 2024-03-07 02:40 | 2024-03-04 | FLYW | Flywire Corp | King David R. | Officer | SELL | $27.27 | 12,868 | $350,859 | 618,066 |
| 2024-03-07 02:38 | 2024-03-04 | FLYW | Flywire Corp | Butterfield Peter | Officer | SELL | $27.28 | 5,555 | $151,548 | 213,853 |
| 2024-03-07 02:37 | 2024-03-04 | FLYW | Flywire Corp | Massaro Michael | Director, Officer | SELL | $27.27 | 36,466 | $994,566 | 1,735,388 |
| 2024-03-07 00:52 | 2024-03-04 | PAYO | Payoneer Global Inc. | Galit Scott H. | Director | SELL | $4.64 | 14,073 | $65,307 | 3,127,981 |
| 2024-03-07 00:30 | 2024-03-04 | ADV | Advantage Solutions Inc. | PEACOCK DAVID A | Director, Officer | BUY | $3.60 | 15,000 | $54,026 | 1,968,112 |
| 2024-03-07 00:49 | 2024-03-06 | AKAM | Akamai Technologies Inc. | Sundaram Mani | Officer | OPT+S | $110.29 | 6,148 | $678,063 | 16,459 |
| 2024-03-07 00:46 | 2024-03-06 | AKAM | Akamai Technologies Inc. | McGowan Edward J | Officer | OPT+S | $110.29 | 11,730 | $1,293,702 | 25,601 |
| 2024-03-06 02:52 | 2024-02-01 | NOTE | FiscalNote Holdings, Inc. | Hwang Tim | Director, Officer, 10% owner | SELL | $1.60 | 59,415 | $95,195 | 2,808,999 |
Sector-Wide Insider Alpha
Analyzing insider movements across the Services-Business Services, NEC sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (7389) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in Services-Business Services, NEC
Every transaction in the Services-Business Services, NEC 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.