Evidence in favour
- Participation spans 5 named insiders rather than one filing source.
Company insider dossier
Hercules Capital, Inc. insider intelligence
HCXY filings assessed for conviction, transaction quality, insider breadth, clustering, freshness, and price confirmation.
29/100
Concentrated distribution
82/100 confidence- Exchange
- NYSE
- Sector
- Financials
- Industry
- Investment Banking & Investment Services
- Latest evidence
- 9 Jul 2026
Investment committee read
Concentrated distribution
Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.
Review exposure and filing contextDecision risks
- Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.
- The latest qualifying filing is more than 30 days old.
Price confirmation map
Weekly price with common-share events
Acquisitions and disposals are aligned to the nearest completed weekly bar.
Feb 2025Aug 2026
Weekly closeCommon-share acquisitionCommon-share disposal
Market confirmation
Price and trend context
- Latest close
- 25.00 USD
- One-week move
- +0.0%
- Four-week move
- +1.6%
- Fair-value gap
- +8.5%
- Trend signal
- Inactive
- Relative strength
- -9.6
Directional balance
Controlled event mix
10.0%acquisition
- Acquisition events
- 1
- Disposal events
- 9
- Net value
- -$436.4K
Cadence
Twelve-week filing pressure
Volume shows attention. Controlled events determine direction.
025 May
001 Jun
108 Jun
115 Jun
022 Jun
029 Jun
806 Jul
013 Jul
020 Jul
027 Jul
003 Aug
010 Aug
Named participants
Insider conviction by person
BADAVAS, ROBERT PDirector721 events
BLUESTEIN, SCOTTDirector, Chief Executive Officer252 events
BOTELHO, KIERSTEN ZAZAChief Legal Officer & CCO252 events
FOLLMANN, CHRISTIANChief Operating Officer252 events
MEYER, SETH HPresident223 events
Evidence quality
Security and transaction context
Role architecture
Who is participating
Transaction evidence
Auditable HCXY filing ledger
Showing 1 to 10 of 10.
BLUESTEIN, SCOTTDirector, Chief Executive Officer
DisposalCommon equity
10652 sharesCommon Stock
$167.1KDirectional evidence
BLUESTEIN, SCOTTDirector, Chief Executive Officer
DisposalCommon equity
9741 sharesCommon Stock
$152.8KDirectional evidence
MEYER, SETH HPresident
DisposalCommon equity
3458 sharesCommon Stock
$54.3KDirectional evidence
MEYER, SETH HPresident
DisposalCommon equity
3011 sharesCommon Stock
$47.2KDirectional evidence
FOLLMANN, CHRISTIANChief Operating Officer
DisposalCommon equity
1433 sharesCommon Stock
$22.5KDirectional evidence
FOLLMANN, CHRISTIANChief Operating Officer
DisposalCommon equity
1365 sharesCommon Stock
$21.4KDirectional evidence
BOTELHO, KIERSTEN ZAZAChief Legal Officer & CCO
DisposalCommon equity
1018 sharesCommon Stock
$16.0KDirectional evidence
BOTELHO, KIERSTEN ZAZAChief Legal Officer & CCO
DisposalCommon equity
956 sharesCommon Stock
$15.0KDirectional evidence
BADAVAS, ROBERT PDirector
AcquisitionCommon equity
3873 sharesCommon Stock
$60.0KDirectional evidence
MEYER, SETH HChief Financial Officer
DisposalCommon equity
5 sharesCommon Stock
$77Directional evidence
Reading the dossier
Direction and confidence are separate
Conviction
The 0 to 100 score classifies deduplicated priced common-share evidence. Fifty is balanced or non-directional.
Confidence
Confidence rises with controlled event depth, named-insider breadth, fresh evidence, normalized values, and a longer observation span.
Disposals
Selling is not treated as the mirror image of buying. It carries less directional weight because taxes, diversification, compensation, and planned transactions can all create sales.
Price confirmation
The market chart tests whether the filing thesis is being confirmed or rejected by price, fair-value position, relative strength, and the current trend state.
Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.