The insider buying is too small to warrant a directional trade. Monitor for larger open-market purchases (e.g., >$5M or >0.1% of market cap) or a catalyst such as earnings or a material agreement before adjusting positioning.
Price Chart
Executive Summary
Two insiders at Hamilton Lane (HLNE) made open-market purchases totaling $1.24M, but this represents only ~0.03% of the company's $4.4B market cap — a trivial amount with no material signal. The buying is too small relative to company size to indicate informed conviction, especially given the firm's strong institutional support (85% analyst bullish) and prior insider cluster reports that underperformed.
Key Financial Metrics
Key Facts
- Director David J. Berkman purchased 15,000 shares for $1.14M at $76.27 on 2026-06-11.
- COO Andrea Anigati Kramer purchased 1,283 shares for $99K at $77.46 on the same day.
- Total insider buying of $1.24M is only ~0.028% of HLNE's $4.4B market cap.
- HLNE has strong analyst consensus (85% bullish) and top institutional holders including BlackRock ($405M) and Kayne Anderson ($339M).
Financial Impact
Insider purchases total $1.24M, negligible relative to $4.4B market cap.
Risk Factors
- Market cap is large relative to trade size, so signal-to-noise ratio is very low.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HLNE-1781554508605 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | Institutional Cluster | $85.31 | awaiting T+20 | — | $81.32 (−4.68%) |
Oct 15, 2026 11d ago | 8-K | $83.50 | awaiting T+20 | — | $81.32 (−2.61%) |
Oct 6, 2026 20d ago | Press Release | $86.50 | awaiting T+20 | — | $81.32 (−5.99%) |
Aug 4, 2026 11w ago | 8-K | $101.61 $102.99 | ▲ +1.36% | ▲ +2.60% | $81.32 (−19.97%) |
Jun 15, 2026 19w ago | Insider Cluster | $87.22 $82.42 | ▼ −5.50% | ▼ −5.70% | $81.32 (−6.76%) |
Jun 12, 2026 19w ago | Institutional Cluster | $80.10 $81.09 | ▲ +1.24% | ▼ −0.54% | $81.32 (+1.52%) |
Feb 20, 2026 35w ago | Insider Cluster | $106.45 $99.59 | ▼ −6.44% | ▼ −0.49% | $81.32 (−23.61%) |
Feb 20, 2026 35w ago | Insider Cluster | $106.45 $99.59 | ▼ −6.44% | ▼ −0.49% | $81.32 (−23.61%) |
Feb 20, 2026 35w ago | Insider Cluster | $106.45 $99.59 | ▼ −6.44% | ▼ −0.49% | $81.32 (−23.61%) |
US Market Status
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