Insider & Smart-Money Digest — Nov 06, 2026
Top signal: notable sale: NFLX $1.81M (C-suite sale of $1.81M); selling against a green register (register Buy (green), thesis Intact, value Undervalued) — routine/plan selling unless size says otherwise; forming (2 buyers): ACN.
NYSE: OPEN · Form 4 filings through 06:11 AM PT · Edition window: filings dated Nov 05–Nov 06Top signal: notable sale: NFLX $1.81M (C-suite sale of $1.81M); selling against a green register (register Buy (green), thesis Intact, value Undervalued) — routine/plan selling unless size says otherwise; 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 |
|---|---|---|---|---|---|---|---|
| NFLX | Sarandos Theodore A | director, officer: Co-CEO | 2026-11-04 | 27,312 | $1.81M | 178,954 sh (~$11.85M) | C-suite sale of $1.81M |
⚠️ NFLX: cluster selling — 4 distinct insiders sold in the last 14 days ($3.94M total). Weight with care: broad officer selling is often vest-cycle flow, not a coordinated exit.
⚠️ CRWD: cluster selling — 3 distinct insiders sold in the last 14 days ($32.93M total). Weight with care: broad officer selling is often vest-cycle flow, not a coordinated exit.
Filtered as noise this edition: 2 routine open-market sales ($1.39M total); 15 option exercises; 12 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 |
|---|---|---|---|---|---|---|---|
| AAPL | Shelley Moore Capito | Senate | Sale | $1,001 - $15,000 | 2026-10-21 | 2026-11-05 | Spouse |
| META | Shelley Moore Capito | Senate | Sale | $1,001 - $15,000 | 2026-10-21 | 2026-11-05 | Spouse |
| MSFT | Shelley Moore Capito | Senate | Sale | $1,001 - $15,000 | 2026-10-21 | 2026-11-05 | Spouse |
| NVDA | Daniel Meuser | House | Sale | $1,001 - $15,000 | 2026-09-25 | 2026-11-05 | Spouse |
| NVDA | Maria Elvira Salazar | House | Purchase | $1,001 - $15,000 | 2026-10-23 | 2026-11-05 | — |
| NVDA | Maria Elvira Salazar | House | Purchase | $1,001 - $15,000 | 2026-10-23 | 2026-11-05 | — |
| 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 | — |
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 10 sales (last quarter: 0 vs 6) · free float 96.4% of 0.61B shares out · next earnings 2026-12-17 (41d)
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
NFLX — Insider stats 2026 Q4: 0 open-market purchases vs 6 sales (last quarter: 0 vs 10) · free float 97.9% of 4.16B shares out · 14d open-market sales: $3.94M by 4 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 | $0 | $3.20M | forming |
| TSM | 15 | 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.
