Who has been buying User Local, Inc. stock?

6 distinct investors have filed 5 disclosed large-shareholding filings in User Local, Inc. (3984), most recently on 2026-03-05. Each filer, their role, the number of shares and the price at filing are listed in the table on this page.

How many insider filings does User Local, Inc. have?

User Local, Inc. has 5 buy-side and 10 sell-side disclosures on record, covering ¥14.1B ($90.7M) in total reported value, spanning 2021-10-07 to 2026-03-05.

Do insider buys in Japanese stocks predict returns?

Not uniformly. StockDrifts scored 101,000+ Japanese large-shareholding filings on fixed 12-month forward returns and found the predictive power concentrated in specific filer types and filing patterns rather than spread evenly across all disclosures.

User Local, Inc. 3984

Company

株式会社ユーザーローカルUser Local, Inc.

Investors

Buys

Total Value

¥14.1B ($90.7M)

Avg Return

-13.22%

Last Filing

2026-03-05

User Local, Inc. (3984) has 5 disclosed large-shareholding filings and 10 disclosed disposals on record, filed by 6 distinct investors. Together those filings cover ¥14.1B ($90.7M) in reported transaction value. The earliest filing StockDrifts holds for User Local, Inc. is dated 2021-10-07; the most recent is 2026-03-05. Across these filings the average return since disclosure is -13.22%, measured from each filing date to the latest available close.

Price & insider activity (12 months)

Recent filings

Date	Type	Source	Insider	Purpose	Shares	Price at filing	Return	Value
2026-05-22	BUY	unknown	SMBC日興証券株式会社	other	297.3K	¥1,791	-	¥532M ($3.4M)
2026-05-22	SELL	Market Buy	三井住友DSアセットマネジメント株式会社	passive	797.7K	¥1,791	+9.4%	¥26M ($169K)
2026-03-05	BUY	Market Buy	三井住友DSアセットマネジメント株式会社 Sumitomo Mitsui DS Asset Management Company, Limited	passive	812.7K	¥1,518	+6.9%	¥1.2B ($8.0M)
2026-02-20	SELL	unknown	アセットマネジメントOne株式会社	other	574.2K	¥1,591	-2.0%	¥401M ($2.6M)
2026-02-20	SELL	unknown	アセットマネジメントOneインターナショナル Asset Management One International Ltd.	other	1.7K	¥1,591	-2.0%	¥41M ($267K)
2024-11-15	SELL	unknown	伊藤将雄 MASAO ITO	strategic	6.1M	¥2,046	+20.7%	¥371M ($2.4M)
2024-11-15	SELL	unknown	伊藤将雄 MASAO ITO	strategic	6.1M	¥2,046	+20.7%	¥371M ($2.4M)
2024-11-15	SELL	unknown	株式会社キーバリュー Key Value Co., Ltd.	strategic	200.0K	¥2,046	+20.7%	¥3M ($21K)
2024-11-15	SELL	unknown	株式会社キーバリュー Key Value Co., Ltd.	strategic	200.0K	¥2,046	+20.7%	¥3M ($21K)
2024-06-21	BUY	unknown	アセットマネジメントOne株式会社 Asset Management One Co., Ltd.	other	823.6K	¥1,984	-18.2%	¥1.6B ($10.5M)
2024-06-21	BUY	unknown	アセットマネジメントOneインターナショナル Asset Management One International Ltd.	other	27.3K	¥1,984	-18.2%	¥54M ($349K)
2023-09-19	BUY	unknown	伊藤将雄 MASAO ITO	strategic	6.2M	¥1,841	-11.8%	¥11.3B ($73.1M)
2023-09-19	SELL	unknown	株式会社キーバリュー Key Value Co., Ltd.	strategic	200.0K	¥1,841	+11.8%	¥3M ($19K)
2023-04-14	SELL	Market Buy	グランジャー・ピーク・グローバル・アドバイザーズ・エルエルシー(Grandeur Peak Global Advisors, LLC) Grandeur Peak Global Advisors, LLC	passive	632.5K	¥2,230	+27.2%	¥405M ($2.6M)
2022-02-18	SELL	unknown	伊藤将雄 MASAO ITO	strategic	7.5M	¥1,545	-5.0%	¥270M ($1.7M)
2022-02-18	SELL	unknown	株式会社キーバリュー Key Value Co., Ltd.	strategic	200.0K	¥1,545	-5.0%	¥5M ($32K)
2021-10-07	BUY	Market Buy	グランジャー・ピーク・グローバル・アドバイザーズ・エルエルシー (Grandeur Peak Global Advisors, LLC) Grandeur Peak Global Advisors, LLC	passive	806.5K	¥1,778	-8.7%	¥1.4B ($9.3M)

Frequently asked questions

Who has been buying User Local, Inc. stock?: 6 distinct investors have filed 5 disclosed large-shareholding filings in User Local, Inc. (3984), most recently on 2026-03-05. Each filer, their role, the number of shares and the price at filing are listed in the table on this page.
How many insider filings does User Local, Inc. have?: User Local, Inc. has 5 buy-side and 10 sell-side disclosures on record, covering ¥14.1B ($90.7M) in total reported value, spanning 2021-10-07 to 2026-03-05.
Do insider buys in Japanese stocks predict returns?: Not uniformly. StockDrifts scored 101,000+ Japanese large-shareholding filings on fixed 12-month forward returns and found the predictive power concentrated in specific filer types and filing patterns rather than spread evenly across all disclosures.

More on this data

Every trade listed above comes from an official regulatory disclosure. For how StockDrifts scores these disclosures, see the Japan insider signal tier research, or browse every Japanese stock we track.