Definitive Healthcare Corp.
US ˙ NasdaqGS ˙ US24477E1038

Introduction

This page provides a comprehensive analysis of the known insider trading history of Advent International Gp, Llc. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Advent International Gp, Llc has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:FWRG / First Watch Restaurant Group, Inc. 10% Owner 9,689,784
US:CCCS / CCC Intelligent Solutions Holdings Inc. Director 9,084,247
Director, 10% Owner 162,560,691
US:SOVO / Sovos Brands, Inc. Director, 10% Owner 0
US:OLPX / Olaplex Holdings, Inc. Director, 10% Owner 499,468,771
US:DH / Definitive Healthcare Corp. Director, 10% Owner 62,493,676
US:ATIP / ATI Physical Therapy, Inc. 10% Owner 2,316,613
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Advent International Gp, Llc. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases DH / Definitive Healthcare Corp. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in DH / Definitive Healthcare Corp.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

DH / Definitive Healthcare Corp. Insider Trades
Insider Sales DH / Definitive Healthcare Corp. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in DH / Definitive Healthcare Corp.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

DH / Definitive Healthcare Corp. Insider Trades
Insider Purchases FWRG / First Watch Restaurant Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in DH / Definitive Healthcare Corp.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

FWRG / First Watch Restaurant Group, Inc. Insider Trades
Insider Sales FWRG / First Watch Restaurant Group, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in DH / Definitive Healthcare Corp.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
2025-08-08 FWRG ADVENT INTERNATIONAL CORP/MA 5,000,000 17.7000 5,000,000 17.7000 88,500,000 10 17.2500 -2,250,000 -2.54
2025-06-03 FWRG ADVENT INTERNATIONAL CORP/MA 4,500,000 14.7000 4,500,000 14.7000 66,150,000
2024-03-12 FWRG ADVENT INTERNATIONAL CORP/MA 6,900,000 23.9900 6,900,000 23.9900 165,531,000

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

FWRG / First Watch Restaurant Group, Inc. Insider Trades
Insider Purchases OLPX / Olaplex Holdings, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in DH / Definitive Healthcare Corp.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Max
Price at
Max
Max
Profit ($)
Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

OLPX / Olaplex Holdings, Inc. Insider Trades
Insider Sales OLPX / Olaplex Holdings, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in DH / Definitive Healthcare Corp.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares
Reported
Price
Adjusted
Shares
Adjusted
Price
Cost Basis Days to
Min
Price at
Min
Max Loss
Avoided ($)
Max Loss
Avoided (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

OLPX / Olaplex Holdings, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Advent International Gp, Llc as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2025-08-12 2025-08-08 4 FWRG First Watch Restaurant Group, Inc.
Common Stock
S - Sale -5,000,000 9,689,784 -34.04 17.70 -88,500,000 171,509,177
2025-08-08 2025-08-07 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -7,298,044 9,084,247 -44.55 9.87 -72,042,641 89,675,144
2025-08-08 2025-08-07 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -695,999 866,345 -44.55 9.87 -6,870,554 8,552,125
2025-08-08 2025-08-07 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -22,005,957 27,391,934 -44.55 9.87 -217,231,805 270,399,476
2025-07-23 3 NIQ NIQ Global Intelligence plc
Ordinary Shares
162,560,691
2025-06-05 2025-06-03 4 FWRG First Watch Restaurant Group, Inc.
Common Stock
S - Sale -4,500,000 14,689,784 -23.45 14.70 -66,150,000 215,939,825
2025-05-22 2025-05-20 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -7,298,044 16,382,291 -30.82 9.08 -66,266,240 148,751,202
2025-05-22 2025-05-20 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -695,999 1,562,344 -30.82 9.08 -6,319,671 14,186,084
2025-05-22 2025-05-20 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -22,005,957 49,397,891 -30.82 9.08 -199,814,090 448,532,850
2025-03-04 2025-03-03 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -10,217,254 23,680,335 -30.14 10.32 -105,493,148 244,499,459
2025-03-04 2025-03-03 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -974,378 2,258,343 -30.14 10.32 -10,060,453 23,317,391
2025-03-04 2025-03-03 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -30,808,368 71,403,848 -30.14 10.32 -318,096,400 737,244,731
2024-11-15 2024-11-13 4 FWRG First Watch Restaurant Group, Inc.
Common Stock
S - Sale -8,000,000 19,189,784 -29.42 19.76 -158,080,000 379,190,132
2024-07-01 2024-07-01 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -6,075,328 33,897,589 -15.20 11.30 -68,645,131 383,008,858
2024-07-01 2024-07-01 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -579,391 3,232,721 -15.20 11.30 -6,546,539 36,526,515
2024-07-01 2024-07-01 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -18,319,076 102,212,216 -15.20 11.30 -206,987,240 1,154,895,829
2024-06-03 2024-05-30 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -10,125,546 39,972,917 -20.21 11.43 -115,734,991 456,890,441
2024-06-03 2024-05-30 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -965,651 3,812,112 -20.21 11.43 -11,037,391 43,572,440
2024-06-03 2024-05-30 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -30,531,795 120,531,292 -20.21 11.43 -348,978,417 1,377,672,668
2024-04-11 2024-04-09 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -4,050,218 50,098,463 -7.48 11.58 -46,881,273 579,889,709
2024-04-11 2024-04-09 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -386,259 4,777,763 -7.48 11.58 -4,470,948 55,302,607
2024-04-11 2024-04-09 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -12,212,720 151,063,087 -7.48 11.58 -141,362,234 1,748,555,232
2024-03-14 2024-03-12 4 FWRG First Watch Restaurant Group, Inc.
Common Stock
S - Sale -6,900,000 27,189,784 -20.24 23.99 -165,531,000 652,282,918
2024-03-14 2024-03-12 4 SOVO Sovos Brands, Inc.
Common Stock
D - Sale to Issuer -43,361,053 0 -100.00 23.00 -997,304,219
2024-03-06 2024-03-04 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -10,014,164 54,148,681 -15.61 11.33 -113,460,478 613,504,556
2024-03-06 2024-03-04 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -955,026 5,164,022 -15.61 11.33 -10,820,445 58,508,369
2024-03-06 2024-03-04 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -30,195,949 163,275,807 -15.61 11.33 -342,120,102 1,849,914,893
2024-01-10 2024-01-08 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -5,351,898 64,162,845 -7.70 10.47 -56,034,372 671,784,987
2024-01-10 2024-01-08 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -510,399 6,119,048 -7.70 10.47 -5,343,878 64,066,433
2024-01-10 2024-01-08 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -16,137,703 193,471,756 -7.70 10.47 -168,961,750 2,025,649,285
2023-11-15 2023-11-13 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -500,000 0 -100.00 10.11 -5,053,150
2023-11-15 2023-11-13 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -16,876,723 69,514,743 -19.54 10.11 -170,561,226 702,536,847
2023-11-15 2023-11-13 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -1,609,497 6,629,447 -19.54 10.11 -16,266,060 66,999,180
2023-11-15 2023-11-13 4 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
S - Sale -50,888,780 209,609,459 -19.54 10.11 -514,297,277 2,118,376,075
2023-07-10 3 OLPX OLAPLEX HOLDINGS, INC.
Common Stock
499,468,771
2023-07-10 3 DH Definitive Healthcare Corp.
Common Stock
62,493,676
2023-07-10 3 SOVO Sovos Brands, Inc.
Common Stock
44,764,055
2023-07-10 3 ATIP ATI Physical Therapy, Inc.
Class A Common Stock
2,316,613
2023-07-10 3 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
260,498,239
2023-07-10 3 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
8,238,944
2023-07-10 3 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
86,391,466
2023-07-10 3 CCCS CCC Intelligent Solutions Holdings Inc.
Common Stock
500,000
2023-07-06 2023-07-03 4 FWRG First Watch Restaurant Group, Inc.
Common Stock
S - Sale -450,000 34,089,784 -1.30 16.42 -7,390,800 559,890,612
2023-07-06 3 FWRG First Watch Restaurant Group, Inc.
Common Stock
34,539,784
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)