{"scope": "industry", "title": "Health Information Services", "sector": "Healthcare", "industry": "Health Information Services", "intelligence": {"score": 28, "label": "Concentrated distribution", "tone": "negative", "stance": "Review exposure and filing context", "brief": "Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.", "confidence": 93, "confidence_label": "Deep evidence", "filings": 451, "companies": 25, "insiders": 145, "signal_events": 222, "acquisition_events": 24, "disposal_events": 198, "acquisition_share": 10.8, "disposal_share": 89.2, "acquisition_value": 9761775.96, "disposal_value": 56823095.0674, "net_value": -47061319.1074, "acquisition_value_label": "$9.8M", "disposal_value_label": "$56.8M", "net_value_label": "-$47.1M", "data_quality": 52, "priced_common_share": 51, "latest_date": "2026-09-10", "latest_signal_date": "2026-09-10", "oldest_date": "2026-06-22", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 360, "bar_width": 100.0}, {"key": "equity_award", "label": "Equity compensation", "count": 55, "bar_width": 15.3}, {"key": "derivative", "label": "Options and derivatives", "count": 36, "bar_width": 10.0}, {"key": "other", "label": "Other securities", "count": 0, "bar_width": 0.0}], "roles": [{"label": "Director", "count": 173, "bar_width": 100.0}, {"label": "Other executive", "count": 172, "bar_width": 99.4}, {"label": "CEO and chair", "count": 36, "bar_width": 20.8}, {"label": "Finance leadership", "count": 31, "bar_width": 17.9}, {"label": "Large holder", "count": 22, "bar_width": 12.7}, {"label": "Other or unspecified", "count": 17, "bar_width": 9.8}], "supports": ["24 distinct acquisition events survive duplicate and security-type controls.", "Participation spans 145 named insiders rather than one filing source.", "The latest qualifying evidence is fresh, dated 10 Sep 2026."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight."]}, "timeline": [{"start": "2026-06-29", "label": "29 Jun", "acquisitions": 27, "disposals": 41, "qualified_acquisitions": 13, "qualified_disposals": 29, "total": 68, "height": 81.0, "acquisition_height": 39.7, "disposal_height": 60.3}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 1, "disposals": 27, "qualified_acquisitions": 1, "qualified_disposals": 26, "total": 28, "height": 33.3, "acquisition_height": 3.6, "disposal_height": 96.4}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 12, "disposals": 23, "qualified_acquisitions": 0, "qualified_disposals": 16, "total": 35, "height": 41.7, "acquisition_height": 34.3, "disposal_height": 65.7}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 7, "disposals": 4, "qualified_acquisitions": 2, "qualified_disposals": 3, "total": 11, "height": 13.1, "acquisition_height": 63.6, "disposal_height": 36.4}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 2, "disposals": 3, "qualified_acquisitions": 2, "qualified_disposals": 3, "total": 5, "height": 6.0, "acquisition_height": 40.0, "disposal_height": 60.0}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 10, "disposals": 14, "qualified_acquisitions": 2, "qualified_disposals": 10, "total": 24, "height": 28.6, "acquisition_height": 41.7, "disposal_height": 58.3}, {"start": "2026-08-10", "label": "10 Aug", "acquisitions": 17, "disposals": 43, "qualified_acquisitions": 1, "qualified_disposals": 30, "total": 60, "height": 71.4, "acquisition_height": 28.3, "disposal_height": 71.7}, {"start": "2026-08-17", "label": "17 Aug", "acquisitions": 7, "disposals": 23, "qualified_acquisitions": 1, "qualified_disposals": 17, "total": 30, "height": 35.7, "acquisition_height": 23.3, "disposal_height": 76.7}, {"start": "2026-08-24", "label": "24 Aug", "acquisitions": 9, "disposals": 29, "qualified_acquisitions": 2, "qualified_disposals": 25, "total": 38, "height": 45.2, "acquisition_height": 23.7, "disposal_height": 76.3}, {"start": "2026-08-31", "label": "31 Aug", "acquisitions": 38, "disposals": 46, "qualified_acquisitions": 0, "qualified_disposals": 19, "total": 84, "height": 100.0, "acquisition_height": 45.2, "disposal_height": 54.8}, {"start": "2026-09-07", "label": "07 Sep", "acquisitions": 0, "disposals": 6, "qualified_acquisitions": 0, "qualified_disposals": 6, "total": 6, "height": 7.1, "acquisition_height": 0.0, "disposal_height": 100.0}, {"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": "Drug Manufacturers - General", "score": 55, "confidence": 94}, {"label": "Pharmaceutical Retailers", "score": 50, "confidence": 14}, {"label": "Biotechnology", "score": 48, "confidence": 93}, {"label": "Medical Devices", "score": 47, "confidence": 92}, {"label": "Medical Instruments & Supplies", "score": 41, "confidence": 92}, {"label": "Diagnostics & Research", "score": 36, "confidence": 96}, {"label": "Drug Manufacturers - Specialty & Generic", "score": 34, "confidence": 95}, {"label": "Medical Care Facilities", "score": 32, "confidence": 87}, {"label": "Healthcare Plans", "score": 30, "confidence": 92}, {"label": "Medical Distribution", "score": 30, "confidence": 78}, {"label": "Health Information Services", "score": 28, "confidence": 93}], "leaders": {"constructive": [{"symbol": "DRIO", "name": "DarioHealth Corp", "score": 72, "confidence": 28}, {"symbol": "PHR", "name": "Phreesia Inc", "score": 64, "confidence": 82}, {"symbol": "PRVA", "name": "Privia Health Group Inc", "score": 54, "confidence": 68}], "cautious": [{"symbol": "GDRX", "name": "Goodrx Holdings\u00a0Inc", "score": 12, "confidence": 80}, {"symbol": "TXG", "name": "10X Genomics Inc", "score": 12, "confidence": 98}, {"symbol": "TDOC", "name": "Teladoc Inc", "score": 13, "confidence": 89}, {"symbol": "DOCS", "name": "Doximity Inc", "score": 14, "confidence": 78}, {"symbol": "AMWL", "name": "American Well\u00a0Corp", "score": 16, "confidence": 74}, {"symbol": "OPRX", "name": "OPTIMIZERx Corp", "score": 17, "confidence": 62}, {"symbol": "OMCL", "name": "Omnicell Inc", "score": 17, "confidence": 62}, {"symbol": "DH", "name": "Definitive Healthcare Corp", "score": 19, "confidence": 66}], "active": [{"symbol": "SOPH", "name": "Sophia Genetics SA", "score": 32, "confidence": 99}, {"symbol": "GDRX", "name": "Goodrx Holdings\u00a0Inc", "score": 12, "confidence": 80}, {"symbol": "TXG", "name": "10X Genomics Inc", "score": 12, "confidence": 98}, {"symbol": "PRVA", "name": "Privia Health Group Inc", "score": 54, "confidence": 68}, {"symbol": "VEEV", "name": "Veeva Systems Inc Class A", "score": 44, "confidence": 89}, {"symbol": "PHR", "name": "Phreesia Inc", "score": 64, "confidence": 82}, {"symbol": "TDOC", "name": "Teladoc Inc", "score": 13, "confidence": 89}, {"symbol": "HQY", "name": "HealthEquity Inc", "score": 36, "confidence": 86}]}, "method": "Group reads measure breadth and conviction across controlled company-level insider evidence; they are classifications, not forecasts."}