J Lindsey Alley, Chief Financial Officer at Houlihan Lokey, bought HLI on Aug 3, 2026

Data as of Oct 16

▲ BUY$501K4,020 shares at $124.52J Lindsey Alley Chief Financial OfficerHLI Houlihan Lokey, Inc.

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Traded: Aug 3, 2026
Disclosed: Aug 5, 2026
Filed: 2 days after the trade

Form 4s are due within two business days.

Official filing (SEC Form 4) ↗

The price around the disclosure

HLISimilar stocks (XLF — its sector index fund), rebased to HLI's price on the disclosure day

HLI since disclosure

+1.1%

Similar stocks (XLF) since disclosure

−4.3%

XLF — its sector index fund

Change in closing price from Aug 5, 2026 (the first trading day on or after disclosure) to Oct 16, 2026. Dividends excluded. Not a return anyone earned.

Our take

⚪ CFO buys $25K+ of own stock — fired on this trade
Not enough evidence · In past tests: 3.6 percentage points better than similar stocks over 3 months · 2,178 tries
⚪ CFO buys $25K+ of own liquid stock — fired on this trade
Not enough evidence · In past tests: 2.0 percentage points better than similar stocks over 3 months · 1,426 tries

What this rule is doing with HLI right now

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