Influence Sentiment
Influence Sentiment is a data page on the People & Money desk of Glassbox Auditing. Whether executives, directors, members of Congress and the big funds are buying or selling more than usual, pooled by industry, sector and state against each group's own history, the companies where three or more insiders bought on the open market within a month, and how much each state's public funds hold in big tech. It shows where the best-connected money is leaning, to set beside earnings, jobs and the official numbers.
Last updated: .
What is on this page today?
- Retail: buys were 15.3% of insiders' and Congress members' trading by value in the last 12 months, against an average of 1.7% in earlier years — Buying more than usual (25%+ above its own average) · 39 buyers, 104 sellers · net selling $678M · 8 Nov 2025 to 7 Nov (SEC Form 4, House disclosures, Senate disclosures, 27 Oct 2026)
- Energy: buys were 0.1% of insiders' and Congress members' trading by value in the last 12 months, against an average of 8.9% in earlier years — Selling more than usual (25%+ below its own average) · 19 buyers, 78 sellers · net selling $8.4B · 8 Nov 2025 to 7 Nov (SEC Form 4, House disclosures, Senate disclosures, 27 Oct 2026)
- Autos, aircraft & transport equipment: buys were 0.4% of insiders' and Congress members' trading by value in the last 12 months, against an average of 14.1% in earlier years — Selling more than usual (25%+ below its own average) · 30 buyers, 106 sellers · net selling $3.47B · 8 Nov 2025 to 7 Nov (SEC Form 4, House disclosures, Senate disclosures, 27 Oct 2026)
- Construction: buys were 0.5% of insiders' and Congress members' trading by value in the last 12 months, against an average of 10.8% in earlier years — Selling more than usual (25%+ below its own average) · 15 buyers, 36 sellers · net selling $353M · 8 Nov 2025 to 7 Nov (SEC Form 4, House disclosures, Senate disclosures, 27 Oct 2026)
- Health care: buys were 2.5% of insiders' and Congress members' trading by value in the last 12 months, against an average of 21.8% in earlier years — Selling more than usual (25%+ below its own average) · 49 buyers, 60 sellers · net selling $6.82B · 8 Nov 2025 to 7 Nov (SEC Form 4, House disclosures, Senate disclosures, 27 Oct 2026)
- Communications & media: buys were 0.6% of insiders' and Congress members' trading by value in the last 12 months, against an average of 4.7% in earlier years — Selling more than usual (25%+ below its own average) · 14 buyers, 51 sellers · net selling $658M · 8 Nov 2025 to 7 Nov (SEC Form 4, House disclosures, Senate disclosures, 27 Oct 2026)
- Services: buys were 1.7% of insiders' and Congress members' trading by value in the last 12 months, against an average of 13.2% in earlier years — Selling more than usual (25%+ below its own average) · 47 buyers, 134 sellers · net selling $1.58B · 8 Nov 2025 to 7 Nov (SEC Form 4, House disclosures, Senate disclosures, 27 Oct 2026)
- Chemicals: buys were 5.6% of insiders' and Congress members' trading by value in the last 12 months, against an average of 32.0% in earlier years — Selling more than usual (25%+ below its own average) · 15 buyers, 31 sellers · net selling $34.2M · 8 Nov 2025 to 7 Nov (SEC Form 4, House disclosures, Senate disclosures, 27 Oct 2026)
- Washington: buys were 19.0% of insiders' and Congress members' trading by value in the last 12 months, against an average of 1.5% in earlier years, the furthest above usual of any state — Buying more than usual (25%+ above its own average) · 5 buyers, 40 sellers · net selling $456M · next: Arizona 47%, Pennsylvania 28%, Idaho 3% · trades in companies headquartered there plus the state's House members'… (SEC Form 4, House disclosures, Senate disclosures, 27 Oct 2026)
- 2 companies had 3 or more insiders purchase shares on the open market within 30 days — DKL: 5 insiders, 13 Aug; Ezra Uzi Yemin, Avigal Soreq, Mark Wayne Hobbs and 2 more; $750,000 in 5 purchases · APTV: 4 insiders, 5 Aug to 13 Aug; Paul M. Meister, Kevin P. Clark, Sean O. Mahoney and 1 more; $8.25M in 6… (SEC Form 4, 12 Aug 2026) DKL APTV
- State and local public funds held $405B in big-tech stock at the end of June 2026, 47.0% of the stock they report, +5% on the quarter before — California's funds hold the most ($80.8B) · the same big-tech and AI supply-chain companies the corporate footprint follows · only funds that file a 13F count: a low number can mean the money sits with outside managers (SEC Form 13F, 29 Jun 2026)
Where does the data come from?
Items on this page come from SEC Form 4, House disclosures, Senate disclosures; SEC Form 4; SEC Form 13F. Each item links to its own source. All sources, how items are checked.
What does this page lead to?
- SPY History (Markets): Studies find insider buying across many companies tends to rise after market declines and to precede above-average market returns (Seyhun, 1988). (moves the same way; 6-12 months; economy scale) Source: SEC Insider Transactions Data Sets.
- Company (Companies): Three or more insiders of one company buying on the open market within 30 days (Form 4 code P) are listed with links to the company's page, beside how many such clusters it has had before. (either way, depending on the cause; weeks; company scale) Source: SEC Form 4 insider filings.
- Company Reports (Calendar): Executives see their own orders and costs before results are published, so an industry whose insiders are buying more than usual is one read on what its next reports contain. (moves the same way; 1-2 quarters; sector scale) Source: SEC Insider Transactions Data Sets.
- Health Board (Domestic Intelligence): Each state's insider and public-fund readings feed the Health Board's money and influence category, one of the measures that roll up into the state's and the nation's condition. (moves the same way; same quarter; economy scale) Source: SEC Form 13F holdings reports (EDGAR).
- Well-being (Domestic Intelligence): State pension funds hold large stakes in big tech, so swings in those few stocks change the contributions states must make, money that competes with roads, parks and police in their budgets. (moves the same way; 1-3 years; economy scale) Source: Census Annual Survey of State and Local Government Finances.
What feeds this page?
- Company Research (Companies): Executives' open-market trades shown here are the same Form 4 records Influence Sentiment counts, so a run of insider buying or selling appears on both. (moves the same way; days; company scale) Source: SEC Insider Transactions Data Sets.
- Retail vs Institutions (Markets): Institutions' trades show on the tape day to day as blocks and off-exchange prints, and their positions surface in 13F holdings reports up to 45 days after each quarter ends. (either way, depending on the cause; up to 45 days after quarter end; company scale) Source: SEC Form 13F holdings reports (EDGAR).
- Profiles (People & Money): Each profile's open-market trades are among the rows Influence Sentiment pools by industry and state, so many profiled insiders buying at once lifts their industry's reading. (moves the same way; same quarter; sector scale) Source: SEC Insider Transactions Data Sets.