Lazard, Inc. insider trading
Every open-market purchase and sale by Lazard, Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
| Date | Insider | Trade | Shares | Price | Value | 1M after | 3M after | 6M after |
|---|
Does following Lazard, Inc.’s insiders pay?
From March 23, 2010 to September 11, 2025, 14 insiders reported 1 open-market purchase and 47 sales not made under a pre-set plan in Lazard, Inc. Twelve months after each purchase was reported, the shares were +26.3% against the S&P 500 on average (median +26.3%), over 1 purchase with a full year of prices; 100% beat the index. After sales, the shares moved −7.4% against the index over 12 months (a negative figure means selling was the right call). That rests on fewer than 20 purchases, too few to read much into. Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on August 5, 2016 into $18,223 by November 2, 2026, +6.0% a year. It held shares 10% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $14,856 (+4.0% a year), and held throughout $40,805 (+14.8%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Hoffman Scott D | CAO and General Counsel | 0 | — | — | 15 | −4.3% (15) | November 23, 2021 |
| Stern Alexander F. | President | 0 | — | — | 14 | −7.0% (14) | December 1, 2022 |
| Bhutani Ashish | CEO of Lazard Asset Management | 0 | — | — | 3 | +5.1% (3) | March 3, 2021 |
| Russo Evan L | CEO of Asset Management | 0 | — | — | 3 | −15.4% (3) | September 11, 2025 |
| Gathy Michael | Chief Accounting Officer | 0 | — | — | 2 | −12.3% (2) | September 11, 2025 |
| Parr Gary | Director | 0 | — | — | 2 | −26.8% (2) | November 8, 2010 |
| Ragone Dominick | Chief Accounting Officer | 0 | — | — | 2 | −12.2% (2) | September 2, 2021 |
| Bucaille Matthieu | Chief Financial Officer | 0 | — | — | 1 | +7.6% (1) | June 1, 2017 |
| Castellano Michael J | Chief Financial Officer | 0 | — | — | 1 | −33.4% (1) | November 8, 2010 |
| Hittner Richard | Chief Accounting Officer | 0 | — | — | 1 | +11.1% (1) | March 5, 2012 |
| Jordan Vernon E Jr | Director | 0 | — | — | 1 | −20.3% (1) | August 6, 2010 |
| Mendillo Jane L | Director | 1 | +26.3% (1) | 100% | 0 | — | August 4, 2016 |
| Soto Alexandra | Chief Operating Officer | 0 | — | — | 1 | −22.6% (1) | June 13, 2025 |
| Ward Charles | President | 0 | — | — | 1 | +4.8% (1) | March 23, 2010 |
When several insiders traded Lazard, Inc.
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Lazard, Inc. in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After 4 selling crowds, +1.8%. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| March 31, 2021 | 3 selling | −3.3% | −1.5% | −31.2% |
| June 30, 2017 | 3 selling | −5.9% | +3.9% | −2.2% |
| May 31, 2013 | 3 selling | +3.8% | +12.5% | +35.2% |
| November 30, 2010 | 4 selling | +10.8% | −7.7% | −34.7% |