Chair Hartley R. Rogers buys $5 million of Hamilton Lane INC (HLNE)
Hartley R. Rogers, chair, bought $5 million of stock after a 18.9% fall. WallStPal Score 69.
Hartley R. Rogers, chair of Hamilton Lane INC, bought 55,000 shares on the open market on May 26, 2026 at an average of $90.05 a share, for a total of $5 million. The purchase was reported to the SEC on Form 4 on May 28, 2026.
It is a new position: the filing shows no shares held directly before this purchase.
The purchase came after a fall: Hamilton Lane INC stock was down 18.9% over the 13 weeks before.
2 other insiders also bought at least $10,000 of HLNE within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Hamilton Lane INC insiders reported 4 open-market purchases and 0 sales.
WallStPal Score: 69 out of 100, because of a brand-new position; a large purchase; 2 other insiders also bought; the stock had fallen 18.9% in the 13 weeks before.
What happened next: after 1 month the stock was down 8.7% (7.4 points worse than the S&P 500); after 3 months the stock was up 14.4% (13.2 points better than the S&P 500). Based on weekly prices from the week of the purchase.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Hartley R. Rogers helps run Hamilton Lane INC. Spending $5 million of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all HLNE insider trades · Hartley R. Rogers's track record