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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023-05-19 23:29 | 2023-05-18 | MA | Mastercard Inc | Malhotra Raghuvir | Officer | OPT+S | $390.00 | 1,536 | $599,040 | 9,465 |
| 2023-05-19 20:06 | 2023-05-17 | QNST | QUINSTREET, INC | Glickman Matthew | Director | BUY | $7.29 | 10,000 | $72,900 | 10,000 |
| 2023-05-19 23:40 | 2023-05-17 | AKAM | Akamai Technologies Inc. | LEIGHTON F THOMSON | Director, Officer | BUY | $87.19 | 862 | $75,161 | 86,517 |
| 2023-05-19 03:58 | 2023-05-17 | PAYO | Payoneer Global Inc. | Perry Itai | Officer | SELL | $4.47 | 4,273 | $19,096 | 170,322 |
| 2023-05-18 23:14 | 2023-05-16 | FLYW | Flywire Corp | Massaro Michael | Director, Officer | SELL | $29.70 | 22,914 | $680,436 | 1,185,565 |
| 2023-05-19 04:49 | 2023-05-17 | WEX | WEX Inc. | Kimball Jennifer | Officer | OPT+S | $176.08 | 939 | $165,343 | 512 |
| 2023-05-18 22:18 | 2023-05-18 | NUTX | Nutex Health Inc. | Waters John J | Director | BUY | $0.47 | 50,000 | $23,450 | 196,262 |
| 2023-05-18 21:09 | 2023-05-17 | QNST | QUINSTREET, INC | SMITH HILLARY B | Director | BUY | $7.50 | 3,350 | $25,125 | 3,350 |
| 2023-05-18 21:09 | 2023-05-17 | QNST | QUINSTREET, INC | Ahmed Asmau | Director | BUY | $7.40 | 1,020 | $7,548 | 33,666 |
| 2023-05-19 00:54 | 2023-05-18 | RBA | RB GLOBAL INC. | Fandozzi Ann | Director, Officer | BUY | $54.06 | 18,522 | $1,001,299 | 116,607 |
| 2023-05-19 00:53 | 2023-05-18 | RBA | RB GLOBAL INC. | Elton Robert George | Director | BUY | $54.15 | 1,471 | $79,655 | 1,471 |
| 2023-05-17 23:30 | 2023-05-15 | GETY | Getty Images Holdings, Inc. | Hoel Chris | Officer | OPT+S | $6.12 | 47,372 | $289,917 | 29,506 |
| 2023-05-17 23:04 | 2023-05-16 | PAY | Paymentus Holdings, Inc. | Gerber Andrew A. | Officer | SELL | $9.40 | 998 | $9,380 | 65,809 |
| 2023-05-18 00:30 | 2023-05-15 | DASH | DoorDash, Inc. | Xu Tony | Director, Officer, 10% owner | OPT+S | $66.00 | 132,300 | $8,732,065 | 0 |
| 2023-05-17 23:18 | 2023-05-15 | FLYW | Flywire Corp | King David R. | Officer | SELL | $30.55 | 35,375 | $1,080,784 | 418,654 |
| 2023-05-17 23:16 | 2023-05-15 | FLYW | Flywire Corp | Orgel Rob | Officer | OPT+S | $30.28 | 60,000 | $1,816,548 | 275,751 |
| 2023-05-17 23:41 | 2023-05-16 | ACVA | ACV Auctions Inc. | ZERELLA WILLIAM | Officer | OPT+S | $16.25 | 67,500 | $1,096,875 | 333,567 |
| 2023-05-17 23:30 | 2023-05-15 | ADV | Advantage Solutions Inc. | PEACOCK DAVID A | Director, Officer | BUY | $1.61 | 160,000 | $257,760 | 1,858,112 |
| 2023-05-17 23:36 | 2023-05-15 | CBZ | CBIZ, Inc. | DIMARTINO JOSEPH S | Director | SELL | $49.98 | 15,000 | $749,637 | 25,872 |
| 2023-05-17 23:16 | 2023-05-16 | MA | Mastercard Inc | Mastercard Foundation | 10% owner | SELL | $380.48 | 251,632 | $95,740,641 | 99,556,565 |
| 2023-05-17 22:48 | 2023-05-15 | JANL | JANEL CORP | van Kesteren Gerard | Director | BUY | $30.03 | 3,633 | $109,090 | 83,020 |
| 2023-05-18 02:38 | 2023-05-15 | QNST | QUINSTREET, INC | PAULDINE DAVID J | Director | BUY | $7.55 | 15,904 | $120,075 | 118,806 |
| 2023-05-17 22:18 | 2023-05-17 | RBA | RB GLOBAL INC. | RAISS SARAH E. | Director | BUY | $51.67 | 560 | $28,935 | 710 |
| 2023-05-16 23:17 | 2023-05-12 | FLYW | Flywire Corp | Ellis Michael G | Officer | OPT+S | $29.55 | 12,000 | $354,592 | 232,084 |
| 2023-05-17 01:57 | 2023-05-15 | AMWL | American Well Corporation | Schoenberg Ido | Director, Officer | OPT+S | $2.04 | 250,610 | $512,447 | 1,566,299 |
| 2023-05-17 01:55 | 2023-05-15 | AMWL | American Well Corporation | Schoenberg Roy | Director, Officer | OPT+S | $2.04 | 233,427 | $477,312 | 2,426,926 |
| 2023-05-17 00:00 | 2023-05-16 | AKAM | Akamai Technologies Inc. | Joseph Paul C | Officer | SELL | $85.50 | 1,500 | $128,250 | 32,065 |
| 2023-05-16 23:58 | 2023-05-15 | AKAM | Akamai Technologies Inc. | LEIGHTON F THOMSON | Director, Officer | BUY | $85.42 | 586 | $50,056 | 85,655 |
| 2023-05-16 23:51 | 2023-05-12 | LQDT | LIQUIDITY SERVICES INC | ELLIS GEORGE H | Director | SELL | $15.54 | 8,500 | $132,090 | 18,775 |
| 2023-05-16 23:18 | 2023-05-12 | EBAY | EBAY INC | Boone Cornelius | Officer | SELL | $44.67 | 5,500 | $245,699 | 44,982 |
| 2023-05-16 19:22 | 2023-05-16 | RBA | RB GLOBAL INC. | DeWitt Adam | Director | BUY | $52.40 | 2,000 | $104,800 | 2,000 |
| 2023-05-16 19:21 | 2023-05-15 | RBA | RB GLOBAL INC. | Stephenson Carol | Director | BUY | $52.62 | 1,220 | $64,196 | 1,220 |
| 2023-05-16 19:19 | 2023-05-15 | RBA | RB GLOBAL INC. | RAISS SARAH E. | Director | BUY | $53.31 | 150 | $7,997 | 150 |
| 2023-05-16 19:16 | 2023-05-15 | RBA | RB GLOBAL INC. | Olsson Erik | Director | BUY | $52.85 | 2,000 | $105,700 | 2,000 |
| 2023-05-16 19:12 | 2023-05-15 | RBA | RB GLOBAL INC. | Hook Lisa | Director | BUY | $53.72 | 1,860 | $99,919 | 1,860 |
| 2023-05-16 19:29 | 2023-05-15 | MMS | MAXIMUS, INC. | Link Michelle F. | Officer | SELL | $79.53 | 1,968 | $156,515 | 2,081 |
| 2023-05-15 23:09 | 2023-05-11 | DASH | DoorDash, Inc. | Fang Andy | Director | OPT+S | $67.74 | 134,000 | $9,077,120 | 54,015 |
| 2023-05-15 23:30 | 2023-05-12 | ADV | Advantage Solutions Inc. | Growe Christopher | Officer | BUY | $1.43 | 50,000 | $71,265 | 50,000 |
| 2023-05-15 23:08 | 2023-05-11 | DASH | DoorDash, Inc. | Lee Gordon S | Officer | SELL | $68.94 | 1,000 | $68,940 | 113,276 |
| 2023-05-16 00:00 | 2023-05-11 | ACVA | ACV Auctions Inc. | Bessemer Venture Partners IX L.P. | 10% owner | SELL | $16.03 | 3,000,000 | $48,090,000 | 0 |
| 2023-05-15 23:32 | 2023-05-11 | FLYW | Flywire Corp | Finkelstein Alex | Director | SELL | $29.50 | 34,060 | $1,004,709 | 226,230 |
| 2023-05-16 03:31 | 2023-05-11 | FLYW | Flywire Corp | Agarwal Ajay | 10% owner | SELL | $29.51 | 2,850,000 | $84,103,500 | 8,795,388 |
| 2023-05-16 03:30 | 2023-05-11 | FLYW | Flywire Corp | Harris Matthew C | Director | SELL | $29.51 | 2,850,000 | $84,103,500 | 8,795,388 |
| 2023-05-16 03:33 | 2023-05-11 | FLYW | Flywire Corp | BAIN CAPITAL VENTURE INVESTORS, LLC | 10% owner | SELL | $29.51 | 2,850,000 | $84,103,500 | 8,795,388 |
| 2023-05-16 03:31 | 2023-05-11 | FLYW | Flywire Corp | Salem Enrique T | 10% owner | SELL | $29.51 | 2,850,000 | $84,103,500 | 8,795,388 |
| 2023-05-15 23:55 | 2023-05-11 | ACVA | ACV Auctions Inc. | GOODMAN ROBERT P | Director | SELL | $16.00 | 300,000 | $4,800,000 | 0 |
| 2023-05-15 23:32 | 2023-05-11 | MA | Mastercard Inc | Mastercard Foundation | 10% owner | SELL | $381.83 | 377,448 | $144,121,385 | 99,808,197 |
| 2023-05-15 22:45 | 2023-05-11 | JANL | JANEL CORP | van Kesteren Gerard | Director | BUY | $27.60 | 2,528 | $69,784 | 79,387 |
| 2023-05-12 23:17 | 2023-05-10 | FLYW | Flywire Corp | King David R. | Officer | SELL | $30.59 | 4,625 | $141,485 | 454,029 |
| 2023-05-12 23:47 | 2023-05-10 | ETSY | ETSY INC | Silverman Josh | Director, Officer | OPT+S | $94.54 | 20,850 | $1,971,155 | 114,674 |
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.