Industry ownership intelligence

Software - Application insider conviction

Executive and director activity assessed across 109 companies for breadth, transaction quality, clustering, freshness, and directional conviction.

Market dashboardTechnology sectorCompany signalsFiling ledgerData API
26/100

Concentrated distribution

95/100 confidence
Level
Industry
Evidence window
Latest 90 days
Named insiders
720
Latest evidence
11 Sep 2026

Capital positioning 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 context

Evidence in favour

  • 158 distinct acquisition events survive duplicate and security-type controls.
  • Participation spans 720 named insiders rather than one filing source.
  • The latest qualifying evidence is fresh, dated 11 Sep 2026.

Decision risks

  • Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.
Conviction26Concentrated distribution
Confidence95Deep evidence
Controlled events2273directional common-share events
Company breadth109represented companies
Acquisition value$130.0Mnormalized amount
Disposal value$2.4Bnormalized amount

Flow regime

Twelve-week filing pressure

Shows the cadence and balance of the full filing tape.

36229 Jun
18406 Jul
35513 Jul
16220 Jul
12227 Jul
36603 Aug
53510 Aug
51117 Aug
19824 Aug
55631 Aug
11307 Sep
014 Sep
AcquisitionsDisposalsScore 26 · Confidence 95

Relative positioning

Industry peer map

Current score with confidence.

SoftwareConviction accumulation7231 confidence SolarBalanced insider tape5379 confidence Scientific & Technical InstrumentsBalanced insider tape4694 confidence Information Technology ServicesBalanced insider tape4592 confidence Electronic ComponentsDistribution bias3597 confidence SemiconductorsDistribution bias3396 confidence Communication EquipmentConcentrated distribution2994 confidence Semiconductor Equipment & MaterialsConcentrated distribution2796 confidence Software - ApplicationConcentrated distribution2695 confidence Consumer ElectronicsConcentrated distribution2578 confidence Electronics & Computer DistributionConcentrated distribution2382 confidence Software - InfrastructureConcentrated distribution2096 confidence Computer HardwareConcentrated distribution1796 confidence

Directional balance

Controlled event mix

7.0%acquisition
Acquisition events
158
Disposal events
2115
Net value
-$2.2B

Evidence quality

What the filings represent

Common equity3150
Equity compensation488
Options and derivatives136
Other securities27

Decision makers

Role participation

Director1097
Other executive886
CEO and chair593
Large holder591
Finance leadership326
Other or unspecified308

Quality controls

Evidence usability

Normalized values
64%
Priced common share
61%
Named insiders
720
Controlled events
2273

Auditable evidence

Latest Software - Application filings

Showing 1 to 30 of 3801.

SNOWSnowflake Inc.
KLEINERMAN, CHRISTIANEVP, Product Management
DisposalCommon equity
Not reportedContext evidence
IMMRImmersion Corporation
TORO, 18 HOLDINGS LLCSee Explanation of Responses
DisposalCommon equity
$488.7KDirectional evidence
QTWOQ2 Holdings
KERR, MICHAEL SGeneral Counsel
DisposalCommon equity
$38.8KDirectional evidence
UBERUber Technologies Inc
KHOSROWSHAHI, DARADirector, Chief Executive Officer
AcquisitionCommon equity
$10.0MDirectional evidence
DOCUDocuSign Inc
SOLVIK, PETERDirector
DisposalCommon equity
$2.0MDirectional evidence
DOCUDocuSign Inc
SOLVIK, PETERDirector
DisposalCommon equity
$1.0MDirectional evidence
ESTCElastic NV
BANON, SHAYDirector, Chief Technology Officer
DisposalCommon equity
$519.6KDirectional evidence
DSPViant Technology Inc
MADDEN, LARRYChief Financial Officer
DisposalCommon equity
$306.0KDirectional evidence
ZMZoom Video Communications Inc
SANKARLINGAM, VELCHAMYPres. of Engineering & Product
DisposalCommon equity
$228.3KDirectional evidence
IMMRImmersion Corporation
TORO, 18 HOLDINGS LLCSee Explanation of Responses
DisposalCommon equity
$114.1KDirectional evidence
DSPViant Technology Inc
VANDERHOOK, CHRISTOPHERDirector, Chief Operating Officer, 10% Owner
DisposalCommon equity
$110.0KDirectional evidence
DSPViant Technology Inc
VANDERHOOK, TIMOTHYDirector, CEO and Chairman, 10% Owner
DisposalCommon equity
$110.0KDirectional evidence
DOCUDocuSign Inc
BRIGGS, TERESADirector
DisposalCommon equity
$35.4KDirectional evidence
ZMZoom Video Communications Inc
SANKARLINGAM, VELCHAMYPres. of Engineering & Product
DisposalCommon equity
$19.9KDirectional evidence
ESTCElastic NV
BANON, SHAYDirector, Chief Technology Officer
DisposalCommon equity
$8.7KDirectional evidence
ADPAutomatic Data Processing Inc
SUGLA, VISHWASChief Strategy Officer
AcquisitionCommon equity
Not reportedContext evidence
ADPAutomatic Data Processing Inc
SUGLA, VISHWASChief Strategy Officer
AcquisitionCommon equity
Not reportedContext evidence
SNOWSnowflake Inc.
DAGEVILLE, BENOITDirector
DisposalCommon equity
Not reportedContext evidence
ZMZoom Video Communications Inc
SANKARLINGAM, VELCHAMYPres. of Engineering & Product
AcquisitionCommon equity
Not reportedContext evidence
ZMZoom Video Communications Inc
SANKARLINGAM, VELCHAMYPres. of Engineering & Product
DisposalEquity compensation
Not reportedContext evidence
ZMZoom Video Communications Inc
SANKARLINGAM, VELCHAMYPres. of Engineering & Product
DisposalEquity compensation
Not reportedContext evidence
SNOWSnowflake Inc.
DAGEVILLE, BENOITDirector
DisposalCommon equity
$16.8MDirectional evidence
ESTCElastic NV
BANON, SHAYDirector, Chief Technology Officer
DisposalCommon equity
$11.1MDirectional evidence
ESTCElastic NV
KULKARNI, ASHUTOSHDirector, Chief Executive Officer
DisposalCommon equity
$2.6MDirectional evidence
ESTCElastic NV
BANON, SHAYDirector, Chief Technology Officer
DisposalCommon equity
$1.3MDirectional evidence
SNOWSnowflake Inc.
KLEINERMAN, CHRISTIANEVP, Product Management
DisposalCommon equity
$916.5KDirectional evidence
ESTCElastic NV
DODDS, MARK EUGENEChief Revenue Officer
DisposalCommon equity
$849.1KDirectional evidence
ESTCElastic NV
WELIHINDA, NAVAMChief Financial Officer
DisposalCommon equity
$786.6KDirectional evidence
ESTCElastic NV
BANON, SHAYDirector, Chief Technology Officer
DisposalCommon equity
$577.3KDirectional evidence
ESTCElastic NV
BANON, SHAYDirector, Chief Technology Officer
DisposalCommon equity
$540.8KDirectional evidence

Group-level method

Breadth before headline value

Company breadth

A sector or industry score must be supported across companies. One very large filing cannot manufacture broad conviction.

Economic duplicates

Matching company, date, side, security class, share count, and value records are consolidated for the directional calculation.

Evidence hierarchy

Priced common-share activity determines direction. Compensation and derivative records are mapped separately so ownership mechanics remain visible.

Positioning use

The score identifies where insider alignment merits research or where disposal concentration needs review. Price, trend, valuation, and portfolio risk still decide positioning.

Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.

Evidence context