undamentalytics Newsletter

LPL Financial Holdings Inc. insider trading

Every open-market purchase and sale by LPL Financial Holdings Inc.'s officers, directors and largest shareholders since November 4, 2021, and what the share price did next.

Insider purchase Insider sale Marker size reflects trade value. Weekly closes adjusted for splits; may be delayed.
LPL Financial Holdings Inc. insider open-market trades
DateInsiderTrade SharesPriceValue 1M after 3M after 6M after

From insiders' Form 4 filings with the SEC: open-market purchases and sales only (awards, option exercises and shares withheld for tax are excluded), combined to one line per insider per day. "Plan" marks trades the filing says were made under a pre-set Rule 10b5-1 trading plan, which are scheduled in advance. Price changes run from the close on the trade date; hover a figure for the change relative to the S&P 500. Past moves don't predict future ones.

Does following LPL Financial Holdings Inc.’s insiders pay?

From November 19, 2010 to September 14, 2026, 39 insiders reported 10 open-market purchases and 140 sales not made under a pre-set plan in LPL Financial Holdings Inc. Twelve months after each purchase was reported, the shares were +9.2% against the S&P 500 on average (median +4.4%), over 10 purchases with a full year of prices; 50% beat the index. After sales, the shares moved 0.0% 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 May 9, 2012 into $34,987 by November 2, 2026, +9.1% a year. It held shares 43% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $25,340 (+6.7% a year), and held throughout $71,597 (+14.6%).

$0$20.0k$40.0k$60.0k 20122014201620182020202220242026 $71.6k$35.0k$25.3k
Copying LPL Financial Holdings Inc.'s insidersS&P 500, same days investedS&P 500, held throughout $10,000 copying every open-market purchase by LPL Financial Holdings Inc.'s insiders from May 9, 2012, before costs and taxes, marked weekly. Uninvested money earns the Treasury bill rate; the portfolio held shares 43% of the time.
LPL Financial Holdings Inc.: each insider's record
InsiderRolePurchases12 months after their purchasesBeat the S&P 500Sales12 months after their salesLatest report
Eaton Jonathan MD, Custom Clearing Services 0 — — 45 −11.9% (45) May 2, 2012
Stearns Esther M President & COO 0 — — 9 −16.7% (9) January 19, 2012
Casady Mark S Chairman & Chief Exec. Officer 1 −33.2% (1) 0% 7 +18.6% (7) March 6, 2017
Putnam James S Director 0 — — 7 +6.2% (7) April 12, 2013
Arnold Dan H. President & CEO 0 — — 6 −6.2% (6) March 15, 2017
Calder Tracy Managing Director 0 — — 6 +10.0% (6) November 26, 2019
Hellman Marco Director 0 — — 5 +20.0% (5) March 8, 2018
Dwyer William E III Pres., Nat'l Sales & Mktg. 0 — — 4 −10.5% (4) March 5, 2012
Enyedi Matthew Managing Director 0 — — 4 +22.1% (4) March 16, 2022
White George Burton Managing Director 0 — — 4 +38.1% (4) February 9, 2022
Bonderman David Other 0 — — 3 −22.8% (3) December 14, 2015
Brown Stephanie L MD & General Counsel 0 — — 3 −9.3% (3) April 12, 2012
Glavin William Francis Jr Director 3 +11.0% (3) 67% 0 — May 5, 2023
Gooley Thomas Managing Director 0 — — 3 +4.1% (3) March 15, 2019
Tpg Group Holdings (sbs) Advisors, Inc. 10% owner 0 — — 3 +11.6% (3) September 6, 2013
Bruton Derek MD, Independent Advisor Svcs 0 — — 2 +5.3% (2) February 19, 2014
Cohen Marc Eliot Group Managing Director 0 — — 2 −33.2% (1) March 11, 2026
Coulter James G 10% owner 1 −6.1% (1) 0% 1 −12.1% (1) November 8, 2013
Feeney Christopher MD, Chief Information Officer 0 — — 2 +6.3% (2) December 10, 2012
Gates Greg Group Managing Director 0 — — 2 +17.6% (1) August 21, 2026
Jambusaria Aneri Managing Director 0 — — 2 +1.9% (2) December 9, 2024
Moore Robert J. President & COO 1 +13.4% (1) 100% 1 −32.4% (1) February 14, 2014
Morrissey William P. JR. Managing Director 0 — — 2 +21.2% (2) June 5, 2017
Riepe James S Director 0 — — 2 +26.0% (2) December 14, 2018
Simonich Brent EVP, CAO and Treasurer 2 +7.0% (2) 50% 0 — November 21, 2022
Steinmeier Richard Managing Director 0 — — 2 +17.0% (2) March 10, 2021
Stiefler Jeffrey E Director 0 — — 2 +34.5% (2) June 6, 2013
Thomas Lux EVP, CAO 0 — — 2 −21.6% (2) March 4, 2014
Abood Denise M. MD, Human Capital 0 — — 1 −13.6% (1) November 19, 2010
Buchheister Jeffrey R. EVP, Chief Accounting Officer 0 — — 1 −26.4% (1) December 16, 2015
Dinh Viet D Director 1 +73.5% (1) 100% 0 — March 2, 2016
Fandrey Edward Managing Director 0 — — 1 +44.2% (1) June 16, 2021
Hellman & Friedman LLC Director 0 — — 1 −6.1% (1) May 8, 2012
Kalbaugh John Andrew MD, Divisional President NSC 0 — — 1 +52.9% (1) February 23, 2017
Khoury Joan D MD, Chief Marketing Officer 1 −3.1% (1) 0% 0 — May 14, 2012
Larsen Sallie R. Managing Director 0 — — 1 +10.4% (1) November 14, 2023
Oroschakoff Michelle Managing Director 0 — — 1 +11.0% (1) May 15, 2018
Reeping Katharine Principal Accounting Officer 0 — — 1 — September 14, 2026
Seese Scott Managing Director 0 — — 1 +44.2% (1) June 16, 2021

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.

When several insiders traded LPL Financial Holdings Inc.

Months when 2 or more insiders became net buyers, or 3 or more net sellers, of LPL Financial Holdings 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 the 1 buying crowd with six months of prices, it averaged −19.9% against the index. After 11 selling crowds, −2.3%. One company's history is too short to judge by; the test across every company is the better guide.

MonthCrowd3 months on, vs S&P 5006 months12 months
November 30, 20222 buying+8.4%−19.9%−20.1%
June 30, 20213 selling+16.3%+7.3%+48.1%
February 28, 20193 selling+9.7%−8.1%−1.6%
March 29, 20183 selling+5.2%−5.0%+8.2%
February 28, 20174 selling−2.8%+14.9%+49.2%
December 31, 20153 selling−42.4%−50.8%−26.2%
November 29, 20134 selling+23.5%+4.2%−16.0%
June 28, 20133 selling−4.2%+9.8%+9.9%
February 28, 20133 selling+7.9%+11.2%+48.0%
December 30, 20113 selling+11.0%+8.7%−16.0%
May 31, 20113 selling−11.1%−10.4%−6.4%
November 30, 20108 selling−15.2%−6.9%−19.0%

Colours show whether the crowd was right: green when buyers were followed by a rise above the index, or sellers by a fall below it. Total returns from the month end; past patterns are not a forecast.

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