{"scope": "sector", "title": "Consumer Cyclical", "sector": "Consumer Cyclical", "industry": null, "intelligence": {"score": 45, "label": "Balanced insider tape", "tone": "neutral", "stance": "Wait for clearer clustering", "brief": "Acquisition and disposal evidence is mixed after low-information compensation and derivative activity is separated out.", "confidence": 94, "confidence_label": "Deep evidence", "filings": 5855, "companies": 296, "insiders": 1682, "signal_events": 3228, "acquisition_events": 693, "disposal_events": 2535, "acquisition_share": 21.5, "disposal_share": 78.5, "acquisition_value": 319418119.4795, "disposal_value": 8954403465.4995, "net_value": -8634985346.02, "acquisition_value_label": "$319.4M", "disposal_value_label": "$9.0B", "net_value_label": "-$8.6B", "data_quality": 61, "priced_common_share": 57, "latest_date": "2026-09-11", "latest_signal_date": "2026-09-11", "oldest_date": "2026-06-21", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 4578, "bar_width": 100.0}, {"key": "equity_award", "label": "Equity compensation", "count": 808, "bar_width": 17.6}, {"key": "derivative", "label": "Options and derivatives", "count": 310, "bar_width": 6.8}, {"key": "other", "label": "Other securities", "count": 159, "bar_width": 3.5}], "roles": [{"label": "Director", "count": 1742, "bar_width": 100.0}, {"label": "Other executive", "count": 1722, "bar_width": 98.9}, {"label": "Other or unspecified", "count": 810, "bar_width": 46.5}, {"label": "CEO and chair", "count": 774, "bar_width": 44.4}, {"label": "Finance leadership", "count": 476, "bar_width": 27.3}, {"label": "Large holder", "count": 331, "bar_width": 19.0}], "supports": ["693 distinct acquisition events survive duplicate and security-type controls.", "Participation spans 1682 named insiders rather than one filing source.", "The latest qualifying evidence is fresh, dated 11 Sep 2026."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight."]}, "timeline": [{"start": "2026-06-29", "label": "29 Jun", "acquisitions": 349, "disposals": 373, "qualified_acquisitions": 78, "qualified_disposals": 267, "total": 722, "height": 100.0, "acquisition_height": 48.3, "disposal_height": 51.7}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 186, "disposals": 192, "qualified_acquisitions": 32, "qualified_disposals": 166, "total": 378, "height": 52.4, "acquisition_height": 49.2, "disposal_height": 50.8}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 100, "disposals": 172, "qualified_acquisitions": 60, "qualified_disposals": 145, "total": 272, "height": 37.7, "acquisition_height": 36.8, "disposal_height": 63.2}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 175, "disposals": 160, "qualified_acquisitions": 56, "qualified_disposals": 99, "total": 335, "height": 46.4, "acquisition_height": 52.2, "disposal_height": 47.8}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 215, "disposals": 286, "qualified_acquisitions": 56, "qualified_disposals": 202, "total": 501, "height": 69.4, "acquisition_height": 42.9, "disposal_height": 57.1}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 222, "disposals": 459, "qualified_acquisitions": 104, "qualified_disposals": 356, "total": 681, "height": 94.3, "acquisition_height": 32.6, "disposal_height": 67.4}, {"start": "2026-08-10", "label": "10 Aug", "acquisitions": 202, "disposals": 466, "qualified_acquisitions": 69, "qualified_disposals": 315, "total": 668, "height": 92.5, "acquisition_height": 30.2, "disposal_height": 69.8}, {"start": "2026-08-17", "label": "17 Aug", "acquisitions": 149, "disposals": 362, "qualified_acquisitions": 45, "qualified_disposals": 291, "total": 511, "height": 70.8, "acquisition_height": 29.2, "disposal_height": 70.8}, {"start": "2026-08-24", "label": "24 Aug", "acquisitions": 233, "disposals": 284, "qualified_acquisitions": 76, "qualified_disposals": 180, "total": 517, "height": 71.6, "acquisition_height": 45.1, "disposal_height": 54.9}, {"start": "2026-08-31", "label": "31 Aug", "acquisitions": 257, "disposals": 391, "qualified_acquisitions": 77, "qualified_disposals": 290, "total": 648, "height": 89.8, "acquisition_height": 39.7, "disposal_height": 60.3}, {"start": "2026-09-07", "label": "07 Sep", "acquisitions": 88, "disposals": 112, "qualified_acquisitions": 42, "qualified_disposals": 79, "total": 200, "height": 27.7, "acquisition_height": 44.0, "disposal_height": 56.0}, {"start": "2026-09-14", "label": "14 Sep", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}], "peers": [{"label": "Financials", "score": 74, "confidence": 78}, {"label": "Real Estate", "score": 69, "confidence": 93}, {"label": "Utilities", "score": 63, "confidence": 96}, {"label": "Basic Materials", "score": 60, "confidence": 95}, {"label": "Financial Services", "score": 52, "confidence": 95}, {"label": "Consumer Defensive", "score": 50, "confidence": 94}, {"label": "Energy", "score": 46, "confidence": 94}, {"label": "Industrials", "score": 45, "confidence": 94}, {"label": "Consumer Cyclical", "score": 44, "confidence": 94}, {"label": "Healthcare", "score": 40, "confidence": 95}, {"label": "Communication Services", "score": 33, "confidence": 92}, {"label": "Technology", "score": 27, "confidence": 95}], "leaders": {"constructive": [{"symbol": "PRTS", "name": "CarParts.Com Inc", "score": 88, "confidence": 94}, {"symbol": "HMC", "name": "Honda Motor Co Ltd ADR", "score": 88, "confidence": 93}, {"symbol": "TM", "name": "Toyota Motor Corporation ADR", "score": 88, "confidence": 92}, {"symbol": "LEG", "name": "Leggett & Platt Incorporated", "score": 88, "confidence": 88}, {"symbol": "GPI", "name": "Group 1 Automotive Inc", "score": 88, "confidence": 87}, {"symbol": "AAP", "name": "Advance Auto Parts Inc", "score": 85, "confidence": 81}, {"symbol": "MED", "name": "MEDIFAST INC", "score": 85, "confidence": 59}, {"symbol": "WH", "name": "Wyndham Hotels & Resorts Inc", "score": 84, "confidence": 79}], "cautious": [{"symbol": "BH-A", "name": "Biglari Holdings Inc", "score": 12, "confidence": 66}, {"symbol": "BH", "name": "Biglari Holdings Inc", "score": 12, "confidence": 66}, {"symbol": "KEQU", "name": "Kewaunee Scientific Corporation", "score": 12, "confidence": 69}, {"symbol": "MLKN", "name": "MillerKnoll Inc", "score": 12, "confidence": 71}, {"symbol": "LOCO", "name": "El Pollo Loco Holdings Inc", "score": 12, "confidence": 76}, {"symbol": "OLPX", "name": "Olaplex Holdings Inc", "score": 12, "confidence": 78}, {"symbol": "RL", "name": "Ralph Lauren Corp Class A", "score": 12, "confidence": 79}, {"symbol": "BURL", "name": "Burlington Stores Inc", "score": 12, "confidence": 79}], "active": [{"symbol": "SE", "name": "Sea Ltd", "score": 12, "confidence": 100}, {"symbol": "ABNB", "name": "Airbnb\u00a0Inc", "score": 18, "confidence": 88}, {"symbol": "LEG", "name": "Leggett & Platt Incorporated", "score": 88, "confidence": 88}, {"symbol": "DASH", "name": "DoorDash, Inc. Class A Common Stock", "score": 29, "confidence": 88}, {"symbol": "LZB", "name": "La-Z-Boy Incorporated", "score": 21, "confidence": 94}, {"symbol": "CVNA", "name": "Carvana Co", "score": 44, "confidence": 90}, {"symbol": "WEYS", "name": "Weyco Group Inc", "score": 61, "confidence": 96}, {"symbol": "FLXS", "name": "Flexsteel Industries Inc", "score": 26, "confidence": 95}]}, "method": "Group reads measure breadth and conviction across controlled company-level insider evidence; they are classifications, not forecasts."}