Insider & Smart-Money Digest — Nov 04, 2026
Top signal: notable sale: ANET $15.82M (mega sale of $15.82M); forming (2 buyers): ACN.
NYSE: OPEN · Form 4 filings through 06:11 AM PT · Edition window: filings dated Nov 03–Nov 04Top signal: notable sale: ANET $15.82M (mega sale of $15.82M); forming (2 buyers): ACN.
A · Cluster buys — 3+ insiders, 14 days
No active clusters today — no ticker has 3+ distinct insiders buying within 14 days.
B · Today's Form 4 flow — the tracked universe
No new open-market buys filed since the last edition.
Notable sales — the ones that are not noise (1)
| Ticker | Insider | Role | Txn dates | Shares | Total value | Stake after | Why flagged |
|---|---|---|---|---|---|---|---|
| ANET | Bechtolsheim Andreas | 10 percent owner | 2026-10-30 | 91,746 | $15.82M | 180,306,720 sh (~$31.10B) | mega sale of $15.82M |
Filtered as noise this edition: 23 routine open-market sales ($36.58M total); 15 grants/awards; 4 tax-withholding share payments.
C · High-conviction singles
No non-cluster buys tripped a conviction filter in this edition.
D · Clusters forming — one buyer away
| Ticker | Buyers (14d) | $ bought | Window | Buyers |
|---|---|---|---|---|
| ACN | 2 | $3.20M | 2026-10-26 → 2026-10-26 | Price Paula A, Sweet Julie Spellman |
E · Congress — newly disclosed (last 7 days)
| Ticker | Member | Chamber | Type | Amount | Traded | Disclosed | Owner |
|---|---|---|---|---|---|---|---|
| MSFT | Sheldon Whitehouse | Senate | Sale | $1,001 - $15,000 | 2026-10-15 | 2026-11-03 | Spouse |
| AVGO | John McGuire | House | Sale | $1,001 - $15,000 | 2026-09-24 | 2026-11-02 | Spouse |
| LRCX | David Taylor | House | Purchase | $1,001 - $15,000 | 2026-10-15 | 2026-10-30 | — |
| V | David Taylor | House | Sale | $1,001 - $15,000 | 2026-10-15 | 2026-10-30 | — |
| ASML | Kevin Hern | House | Sale | $15,001 - $50,000 | 2026-10-23 | 2026-10-29 | Joint |
| GOOGL | Pete Sessions | House | Sale | $100,001 - $250,000 | 2026-10-02 | 2026-10-28 | Spouse |
| AMZN | Pete Sessions | House | Sale | $100,001 - $250,000 | 2026-10-02 | 2026-10-28 | Spouse |
| AMZN | Pete Sessions | House | Sale | $15,001 - $50,000 | 2026-10-27 | 2026-10-28 | — |
| AAPL | Pete Sessions | House | Sale | $250,001 - $500,000 | 2026-10-02 | 2026-10-28 | Spouse |
| COST | Pete Sessions | House | Sale | $250,001 - $500,000 | 2026-10-02 | 2026-10-28 | Spouse |
| COST | Pete Sessions | House | Sale | $100,001 - $250,000 | 2026-10-13 | 2026-10-28 | — |
| MA | Pete Sessions | House | Sale | $15,001 - $50,000 | 2026-10-02 | 2026-10-28 | Spouse |
| MSFT | Pete Sessions | House | Sale | $250,001 - $500,000 | 2026-10-02 | 2026-10-28 | Spouse |
| NVDA | Pete Sessions | House | Sale | $15,001 - $50,000 | 2026-10-02 | 2026-10-28 | Spouse |
| TSLA | Pete Sessions | House | Sale | $15,001 - $50,000 | 2026-10-02 | 2026-10-28 | Spouse |
| V | Pete Sessions | House | Sale | $15,001 - $50,000 | 2026-10-02 | 2026-10-28 | Spouse |
STOCK Act disclosures lag the trade by up to ~45 days and amounts are ranges — corroborating sentiment, not a timing signal.
F · Smart-money context — active names
ACN — Insider stats 2026 Q4: 3 open-market purchases vs 9 sales (last quarter: 0 vs 6) · free float 96.4% of 0.61B shares out · next earnings 2026-12-17 (43d) · 14d open-market sales: $1.63M by 2 insider(s) vs buys $3.20M
TSM — Insider stats 2026 Q4: 32 open-market purchases vs 0 sales (last quarter: 114 vs 1) · free float 99.9% of 5.19B shares out
ANET — Insider stats 2026 Q4: 0 open-market purchases vs 36 sales (last quarter: 0 vs 233) · free float 83.3% of 1.26B shares out · 14d open-market sales: $45.86M by 1 insider(s) vs buys $0
G · 14-day leaderboard — open-market insider flow
| Ticker | Score | Buyers (14d) | $ bought | $ sold | Net $ | Signal |
|---|---|---|---|---|---|---|
| ACN | 35 | 2 | $3.20M | $1.63M | $1.57M | forming |
| TSM | 20 | 1 | $71k | $0 | $71k | single |
Method: Only open-market purchases (Form 4 code P) count as buy signals; sales are shown only when a notable-sale filter trips (C-suite ≥ $1M, any sale ≥ $10M, ≥25% of the seller's position, or 3+ sellers in 14 days), with the seller's post-sale stake shown for scale. Option exercises, grants, gifts and tax-withholding dispositions are counted as noise. Clusters require ≥3 distinct insiders (by reporting CIK) with purchase transaction dates inside a rolling 14-day window, computed over a 120-day local store of Form 4 rows for the tracked tickers. Signal score (0–100): cluster size (40/50/60), $ bought (5/10/15), buyer seniority (3–10), stake increase ≥10%/25% (5/10), buying within 10% of the 52-week low (10), freshness ≤3 days (5). Every row links to its SEC EDGAR filing. Sources: FMP insider trading (latest feed + per-symbol history + statistics), senate/house disclosures, shares float, batch quotes, earnings calendar — 16 API calls this run.
Research for information only — not investment advice; see Disclosures.
