Ashish Bhutani is CEO at Lazard Ltd (LAZ). They have made 9 open-market trades across 3 companies since 2006, most recently 2026-07-30.
CIK 0001287727
Unrated. We grade insiders only on stock they chose to buy on the open market. Grants, option exercises and vesting say nothing about timing, so they don't count — which is why someone can file often and still have no grade. It isn't a bad sign: unrated buys beat every graded tier below A.
5 open-market purchases totalling $5.4M since 2006, against 4 sales. Across 5 scored buys the stock is up 2.5% at ninety days, and 1.3 points behind the S&P over the same stretch.
5 scored purchases · one row per filing · discretionary only
| Ticker | Shares | Value |
|---|---|---|
| LAZ | 834,911 | $30.2M |
| ARES | 35,799 | $4.0M |
| LGI | 20,000 | $331K |
| Total | $34.5M |
Shares reported on the most recent Form 4, priced at the 2026-08-03 close.
Counted per filing, not per execution lot — a purchase filled in several tranches is one decision.
| 7d | 30d | 90d | |
|---|---|---|---|
| Accuracy | 40% | 20% | 40% |
| Avg Move | -4.8% | -5.5% | +2.5% |
| Alpha | -3.5% | -4.5% | -1.3% |
| Scored | 5 | 5 | 5 |
| Ticker | Type | Traded | Filed | Price | Value | 7d Stock | 30d Stock | 90d Stock |
|---|---|---|---|---|---|---|---|---|
| ARES | BUY | 2026-02-06 | 2026-02-10 | $126.61 | $1.3M | -18.0% | -30.9% | -10.8% |
| ARES | BUY | 2025-03-11 | 2025-03-13 | $141.33 | $2.8M | +8.1% | -3.8% | +17.3% |
| ARES | BUY | 2023-08-15 | 2023-08-17 | $98.08 | $981K | +5.1% | +8.6% | +7.0% |
| LAZ | SELL | 2021-03-02 | 2021-03-03 | $40.52 | $16.2M | +9.0% | +10.1% | +18.2% |
| LAZ | SELL | 2014-02-18 | 2014-02-20 | $45.15 | $6.6M | -24.0% | +1.8% | +1.8% |
| LAZ | SELL | 2013-05-02 | 2013-05-06 | $32.77 | $8.3M | -24.0% | +1.8% | +1.8% |
| LGI | BUY | 2009-03-19 | 2009-03-20 | $9.43 | $189K | -9.6% | -0.6% | -0.6% |
| LGI | SELL | 2007-06-01 | 2007-06-04 | $22.47 | $117K | -9.6% | -0.6% | -0.6% |
| LGI | BUY | 2007-04-05 | 2007-04-17 | $22.27 | $23K | -9.6% | -0.6% | -0.6% |
| LGI | BUY | 2007-04-04 | 2007-04-17 | $22.27 | $50K | -9.6% | -0.6% | -0.6% |
| LGI | BUY | 2006-08-30 | 2006-09-01 | $20.72 | $60K | -9.6% | -0.6% | -0.6% |
Grouped by shared companies and similar filing behaviour. This is a similarity measure, not a ranking or a performance signal.