Executive Co-Chairman Hartley R. Rogers purchases 38,290 shares (38.3K) for $3,005,339.26 at HLNE via private placement, not discretionary open market.
Hartley R. Rogers, Executive Co-Chairman of Hamilton Lane INC, completed 2 separate purchases totaling 38,290 shares for $3,005,339.26 on 2026-06-11, increasing his holdings from 55,466 to 93,756 shares (+69.0% vs pre-transaction holdings). However, this transaction is flagged as a private placement, PIPE, registered direct, or IPO allocation — not a discretionary open-market purchase — and therefore should not be interpreted as a buying signal driven by insider conviction. The blended average purchase price of $78.49 compares to a current price of $81.99, but the stock is -49.1% from its 52-week high of $161.13 and down -18.5% over the past 90 days. The company reports quarterly revenue of $198,589,000.00 and net income of $58,372,000.00 with annual revenue growth of +6.5% and a P/E of 20.60. Because this is a scheduled allocation rather than discretionary market activity, the transaction's timing significance is materially different from open-market buys.