Hamilton Lane INC
HLNE · Investment Advice · EDGAR filings ↗
Reference price $77.86 — last insider purchase, 2026-06-11 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
B80Hamilton Lane — high-margin private-markets asset manager and adviser.
Strengths
- Net margin 33% (86th pct), ROE 27.2% (71st), strong FCF (96th)
- Recurring fee + growing evergreen/retail private-markets platform
Risks
- Market-linked fee/carry sensitivity
- Private-markets fundraising cyclicality
Notable findings
- Insider buyingInsider buying — 16 open-market buy(s) by 6 insider(s) (cluster of 6 insiders, ~$18M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Net margin
32.8%
Return on equity
27.2%
Return on assets
10.8%
Revenue growth (QoQ)
-2.5%
Net-income growth
14.6%
Debt / equity
0.3×
Free cash flow
$419M
Tangible book value
$904M
Stock comp / revenue
6.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | Kramer Andrea Anigati | Buy | 1.3K | $77.46 |
| 2026-06-11 | Rogers Hartley R. | Buy | 11K | $77.86 |
| 2026-06-11 | Rogers Hartley R. | Buy | 28K | $78.73 |
| 2026-06-11 | BERKMAN DAVID J | Buy | 15K | $76.27 |
| 2026-05-29 | Hirsch Erik R. | Grant | 42K | — |
| 2026-05-29 | Armbrister Jeffrey Brian | Grant | 2.1K | — |
| 2026-05-29 | Carl Drew Thomas | Grant | 675 | — |
| 2026-05-29 | Kramer Andrea Anigati | Grant | 3.5K | — |
| 2026-05-29 | Gavalis Lydia | Grant | 1.1K | — |
| 2026-05-29 | Delgado-Moreira Juan | Grant | 38K | — |
| 2026-05-27 | Rogers Hartley R. | Buy | 466 | $92.69 |
| 2026-05-27 | Rogers Hartley R. | Buy | 466 | $92.76 |
| 2026-05-26 | Rogers Hartley R. | Buy | 47K | $89.99 |
| 2026-05-26 | Rogers Hartley R. | Buy | 8.0K | $90.43 |
| 2026-05-26 | Rogers Hartley R. | Buy | 8.0K | $90.43 |
| 2026-05-26 | Rogers Hartley R. | Buy | 47K | $89.99 |
| 2026-03-31 | Kramer Andrea Anigati | Grant | 62 | $84.89 |
| 2026-03-14 | Hirsch Erik R. | Tax withheld | 6.9K | $96.85 |
| 2026-03-14 | Gavalis Lydia | Tax withheld | 549 | $96.85 |
| 2026-03-14 | Kramer Andrea Anigati | Tax withheld | 1.2K | $96.85 |
| 2026-03-14 | Armbrister Jeffrey Brian | Tax withheld | 590 | $96.85 |
| 2026-03-14 | Carl Drew Thomas | Tax withheld | 85 | $96.85 |
| 2026-02-24 | BERKMAN DAVID J | Buy | 10K | $101.00 |
| 2026-02-20 | Hirsch Erik R. | Buy | 9.2K | $107.13 |
| 2026-02-20 | Delgado-Moreira Juan | Buy | 6.5K | $107.10 |
| 2026-02-20 | Delgado-Moreira Juan | Buy | 2.7K | $107.58 |
| 2026-02-20 | Kramer Andrea Anigati | Buy | 2.3K | $107.53 |
| 2026-02-20 | Giannini Mario L | Buy | 9.2K | $107.32 |
| 2026-02-06 | Delgado-Moreira Juan | Gift | 14K | — |
| 2026-02-06 | Delgado-Moreira Juan | Gift | 14K | — |
| 2025-12-31 | Carl Drew Thomas | Grant | 46 | $114.16 |
| 2025-12-31 | Kramer Andrea Anigati | Grant | 46 | $114.16 |
| 2025-11-07 | Delgado-Moreira Juan | Buy | 4.0K | $129.84 |
| 2025-11-07 | Delgado-Moreira Juan | Buy | 4.0K | $130.87 |
| 2025-09-30 | Kramer Andrea Anigati | Grant | 46 | $114.57 |
| 2025-09-16 | Kramer Andrea Anigati | Tax withheld | 736 | $146.53 |
| 2025-09-16 | Armbrister Jeffrey Brian | Tax withheld | 393 | $146.53 |
| 2025-09-16 | Graves Reynoldo Vann | Grant | 333 | — |
| 2025-09-16 | SEXTON O GRIFFITH | Grant | 1.3K | — |
| 2025-09-16 | VARON LESLIE F | Grant | 666 | — |
| 2025-09-04 | Whittemore Edward B. | Other | 10K | $0.00 |
| 2025-09-04 | Rogers Hartley R. | Other | 150K | $0.00 |
| 2025-09-04 | HLA INVESTMENTS LLC | Other | 320K | $0.00 |
| 2025-09-04 | HLA INVESTMENTS LLC | Other | 150K | $0.00 |
| 2025-09-04 | SCHMERTZLER MICHAEL | Other | 25K | $0.00 |
| 2025-09-04 | French River 5 Ltd | Sell | 150K | $146.51 |
| 2025-09-04 | Whittemore Laurence | Other | 35K | $0.00 |
| 2025-08-31 | Rogers Hartley R. | Gift | 100K | — |
| 2025-08-28 | Delgado-Moreira Juan | Gift | 7.6K | — |
| 2025-08-28 | Delgado-Moreira Juan | Gift | 7.6K | — |
| 2025-03-31 | Kramer Andrea Anigati | Grant | 42 | $126.37 |
| 2025-03-14 | Kramer Andrea Anigati | Tax withheld | 1.1K | $139.01 |
| 2025-03-14 | Delgado-Moreira Juan | Grant | 34K | — |
| 2025-03-14 | Hirsch Erik R. | Grant | 36K | — |
| 2025-03-14 | Hirsch Erik R. | Tax withheld | 3.4K | $139.01 |
| 2025-03-14 | Armbrister Jeffrey Brian | Grant | 2.0K | — |
| 2025-03-14 | Armbrister Jeffrey Brian | Tax withheld | 545 | $139.01 |
| 2025-03-14 | Carl Drew Thomas | Grant | 441 | — |
| 2025-03-14 | Carl Drew Thomas | Tax withheld | 62 | $139.01 |
| 2025-03-14 | Gavalis Lydia | Grant | 1.2K | — |
| 2025-03-14 | Gavalis Lydia | Tax withheld | 613 | $139.01 |
| 2025-03-14 | Kramer Andrea Anigati | Grant | 3.0K | — |
| 2025-02-12 | Whittemore Laurence | Other | 65K | $0.00 |
| 2025-02-12 | SCHMERTZLER MICHAEL | Other | 100K | $0.00 |
| 2025-02-12 | Whittemore Edward B. | Other | 15K | $0.00 |
| 2025-02-12 | Rogers Hartley R. | Sell | 10K | $159.00 |
| 2025-02-12 | Rogers Hartley R. | Other | 140K | $0.00 |
| 2025-02-12 | Giannini Mario L | Other | 1.0M | $0.00 |
| 2025-02-12 | HLA INVESTMENTS LLC | Other | 370K | $0.00 |
| 2025-02-12 | HLA INVESTMENTS LLC | Other | 140K | $0.00 |
| 2025-02-12 | SEXTON O GRIFFITH | Other | 25K | $0.00 |
| 2025-02-12 | SEXTON O GRIFFITH | Other | 25K | $0.00 |
| 2025-02-12 | Giannini Nicole | Other | 25K | $0.00 |
| 2025-02-12 | Giannini Kyera | Other | 25K | $0.00 |
| 2024-12-31 | Kramer Andrea Anigati | Grant | 42 | $125.84 |
| 2024-12-31 | Carl Drew Thomas | Grant | 24 | $125.84 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-21 | 2026-05-21 | 0001433642-26-000016 ↗ |
| 10-K | 2026-05-21 | 2026-03-31 | 0001433642-26-000019 ↗ |
| 8-K | 2026-02-20 | 2026-02-20 | 0001433642-26-000009 ↗ |
| 8-K | 2026-02-03 | 2026-02-03 | 0001433642-26-000004 ↗ |
| 10-Q | 2026-02-03 | 2025-12-31 | 0001433642-26-000007 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0001433642-25-000114 ↗ |
| 10-Q | 2025-11-04 | 2025-09-30 | 0001433642-25-000117 ↗ |
| 8-K | 2025-10-06 | 2025-10-01 | 0001433642-25-000110 ↗ |
| 8-K | 2025-09-05 | 2025-09-04 | 0001433642-25-000089 ↗ |
| 8-K | 2025-09-04 | 2025-09-02 | 0001433642-25-000087 ↗ |
| 10-Q | 2025-08-05 | 2025-06-30 | 0001433642-25-000072 ↗ |
| 8-K | 2025-08-05 | 2025-08-05 | 0001433642-25-000069 ↗ |