| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 4Small sample | 100.0% (4/4) | 25.0% (1/4) | -0.9% | -0.5% | -2.6% |
| 20D | 3Small sample | 100.0% (3/3) | 33.3% (1/3) | -1.0% | -0.8% | -9.0% |
| 60D | 3Small sample | 100.0% (3/3) | 33.3% (1/3) | -4.9% | +1.4% | -11.1% |
| 120D | 3Small sample | 100.0% (3/3) | 0.0% (0/3) | -6.6% | -9.0% | -15.5% |
COMPANY RESEARCH
CVC Income & Growth Limited
CVCG.L · London Stock Exchange (XLON) · United Kingdom · Closed-End Funds · Asset Management
Insider Signal
Snapshot: 05 Nov 2026 · 180-day research window
- Insider Signal
- 79.9 / 100 Research score, not a buy recommendation
- Reported buyers
- 6 180-day scoring window
- Net purchases
- 97.4k EUR 180 days · purchases less sales
- Latest disclosure
- 2026-11-04 Publication date
- 6 reported buyers participated in qualifying purchases during the last 180 days.
Price vs insider buying
CVCG.L · GBp● Purchase × Sale ◇ Public disclosure ▥ 15-day cluster ·
Circles and crosses mark trade dates; diamonds below the axis mark later public disclosures. The trade became public on its disclosure date. Prices are nearest-session closes, not insider execution prices. Marker sizes are not compared when values or currencies differ.
BULL VS BEAR
Two readings of this buying
The same filings, read two ways. Each line is a fact stored for this company with the number behind it, and appears only when that number crosses a fixed threshold. Neither side is a forecast and no winner is declared.
All bull and bear lists, and what followed each line in the past →
Where the evidence comes from
Independent evidence does not object: the purchases themselves carry bull lines (several insiders together, more buyers than usual here, bought in the last two weeks); share price and trading, short sellers, company results, company actions were checked and none crosses a bear threshold.
- The insider purchases themselvesBullseveral insiders together, more buyers than usual here, bought in the last two weeks Bearsmall purchases3 checked, under the threshold · 3 missing
- Share price and trading3 checked, under the threshold
- Short sellers1 checked, under the threshold
- Company results1 checked, under the threshold · 1 missing
- Company actions1 checked, under the threshold
Bull case · the buying is informative
- 4 insiders bought within 15 days (2026-10-27 to 2026-11-04). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.Record: after 5,440 earlier disclosures like this, the median 60-session excess return was −3.5%, within 1 percentage point of all comparable disclosures (−3.4%).
- 6 insiders bought in the last 180 days against 1 in the 180 days before: more than this company's own recent norm.Record: after 3,282 earlier disclosures like this, the median 60-session excess return was −2.5%, within 1 percentage point of all comparable disclosures (−2.7%).
- The latest purchase is 1 day old (2026-11-04). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- Insider purchases in the last 20 sessions equal 0.42% of the stock's traded value over those sessions: too small to register in the market.
Evidence still missing
- No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
- Only one reading of profitability is held (profit margin <0.01%). Whether earnings and cash flow are rising or falling needs the last two reports side by side.
- European notifications have no field saying whether a purchase was pre-arranged; there is no counterpart to the US 10b5-1 box. None of the 6 purchase lines mentions a plan, but a bare “Purchase of Ordinary Shares” does not rule one out.
- The filings give the size of each trade, not what the buyer already held. Whether a purchase added 1% to a personal stake or doubled it is not known.
Checked and under the threshold: 9
- BearThe largest buyer accounts for 31% of the value bought. Counted for the bear side from 80%.
- Bear0 of 6 buyers filed as a person closely associated with a manager. Counted for the bear side from half.
- BearNo insider sale is recorded in the same 180 days.
- BearThe share price changed −2.6% over six months (three months −6.3%, one month −5.9%) and stands 9.0% below its 52-week high. Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed −6.3% and the median of 210 Closed-End Funds companies changed −1.1%: behind by 5 points. Counted for the bear side from 20 points behind.
- BearThe register of FCA shows no published net short position in this company.
- BullThe company announced no transaction in its own shares in the last 30 days.
- BearProfit margin on the latest captured figures is <0.01%. Counted for the bear side when negative.
- BearAbout €967k of the stock changes hands on an average day. Counted for the bear side below €500k.
Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.
Who is trading?
Named filings in 180 days. Purchase values are summed only when complete and in one currency.
| Insider | Transaction activity | Purchase value | Latest trade | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Philip BraunBoard member | 1 buy · 0 sell | 25.0k GBP | 2026-10-27 | View transactions · 1
| ||||||||||||||||
| Robert KirkbyBoard member | 1 buy · 0 sell | 20.0k GBP | 2026-11-03 | View transactions · 1
| ||||||||||||||||
| David HarrisAssociated person | 1 buy · 0 sell | 15.0k GBP | 2026-11-02 | View transactions · 1
| ||||||||||||||||
| Vanessa NeillBoard member | 1 buy · 0 sell | 11.9k GBP | 2026-08-07 | View transactions · 1
| ||||||||||||||||
| E sther GilbertBoard member | 1 buy · 0 sell | 8.1k GBP | 2026-11-04 | View transactions · 1
| ||||||||||||||||
| Carl HazeleyBoard member | 1 buy · 0 sell | 1.2k GBP | 2026-07-24 | View transactions · 1
|
INSIDER SIGNAL
6 insiders · 6 purchase events · €97k net purchases
Europe #10 · United Kingdom #3
WHY THIS SIGNAL?
Score anatomy
Each bar is that part's points in the score; the five parts add up to the score.
How many different insiders bought within 15 days
The value bought, net of any insider sales
Lower in the company scores higher: in the backtest, purchases by the most senior insiders did worse
How long ago the latest purchase took place
Lower when insiders also sold
What is holding the score back?
- ⚠ Buyers' roles add little · most senior buyer: Board member; the most senior score lowest
- ✓ Many buyers · 4 or more different insiders
- ✓ Recent buying · latest purchase 2026-11-04
Buyers' roles follow the European ranking's order of roles: the most senior insiders score lowest.
Buying concentration
Largest buyer:Philip Braun · 25k GBP
Purchases counted, before sales:81k GBP
The amount at the top of the page is purchases minus sales; this one counts purchases only, in the filing currency, so the two can differ. The score counts how many people bought; this shows separately who bought the most.
This is a ranking under the current European screening rules—not a probability of gain, return forecast, or buy recommendation.
Key purchase quotes (filing currency)
| Filer | Price per unit | Trade date |
|---|---|---|
| E sther Gilbert | 1.1156 GBP | Nov 4, 2026 |
| Robert Kirkby | 1.12395 GBP | Nov 3, 2026 |
| Philip Braun | 1.14 GBP | Oct 27, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 4 distinct reported filers
- Peak time window
- 2026-10-27 to 2026-11-04
- Current breadth input
- 1.000 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Latest purchase counted
E sther Gilbert · 8k GBP · Price 1.1156 GBP · Nov 4, 2026 - 🟢 Purchase by a manager or director
Robert Kirkby · 20k GBP · Price 1.12395 GBP · Nov 3, 2026 - 🟢 Purchase by a manager or director
Philip Braun · 25k GBP · Price 1.14 GBP · Oct 27, 2026 - 🟡 3 more purchase line(s) counted, from 3 filing(s)
Filing and data quality
These checks are auditable context; they do not change the rank or score.
- Identity match
- PASS · isin
- Ticker / ISIN
- Present
- Filing source links
- 7 / 7
- Median disclosure lag
- 0 days
- Latest disclosure age
- 1 days at snapshot
- Corrections / revisions
- 0
- Score-factor detail
- Saved
Insider timeline
4 insiders bought within 9 days, 27 Oct to 4 Nov: 3 Board member, 1 Associated person. The share closed at 113.50 on the first of those days and at 111.00 most recently (−2.2%). That week 200 companies across Europe disclosed insider purchases, an ordinary week (7 of the last 26).
Tap an item for what it means.
●A purchase: the bigger the dot, the more was bought
Each dot is one insider's purchases on one day. The dot's area follows the amount: the largest purchase here gets the largest dot. Hold the pointer over a dot to see the date and the amount.
▮Purple band: several insiders bought within 15 days
The band marks the stretch with the most different buyers: at most 15 days long and at least two people. Here it is 27 Oct – 4 Nov, with 4 insiders. Only the strongest stretch is marked. Several people deciding the same thing is harder to explain by one person's private reasons, but insiders often buy together just after a closed period ends, so compare it with the grey weekly bars.
Blue line: this share's price, −2.6% over these six months
The closing price of each day, from 114.00 on 2026-05-11 to 111.00 on 2026-11-04. The line has no scale; read it for high and low: a dot on a low stretch was bought cheaply, a dot on a high stretch was not.
Dashed line: the typical stock on the same exchange, +2.9%
Taken from the 807 other stocks on the same exchange that this site holds prices for. Each is measured from the first day of the window, and every day the middle one is drawn. It starts where the blue line starts, so the gap between the two is the difference: this share −2.6%, the typical one +2.9%, 5.6 points behind. It is not an index and not a comparison within one industry.
▂Grey bars: companies across Europe disclosing purchases each week
A taller bar is a week in which more companies disclosed insider purchases. The purple bar is the week of the band above: 200 companies, number 7 of the last 26 weeks. If that week was a peak anyway, buying together is less special than it looks.
This company: insiders buying per month, last 12 months
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Carl Hazeley | Board member | 1 | — | 1.2k GBP | 2026-07-24 | −7.1% | fewer than 5 completed |
| Vanessa Neill | Board member | 1 | — | 11.9k GBP | 2026-08-07 | −6.3% | fewer than 5 completed |
| Philip Braun | Board member | 1 | — | 25.0k GBP | 2026-10-27 | −2.2% | fewer than 5 completed |
| Robert Kirkby | Board member | 1 | — | 20.0k GBP | 2026-11-03 | +0.0% | fewer than 5 completed |
| E sther Gilbert | Board member | 1 | — | 8.1k GBP | 2026-11-04 | +0.0% | fewer than 5 completed |
| David Harris | Associated person | 1 | — | 15.0k GBP | 2026-11-02 | −1.8% | fewer than 5 completed |
Insiders' buying price vs the latest close
Insiders paid 1.14 GBP a share on average (7 purchase lines, 6 buyers, 2026-01-29 – 2026-11-04). The close on 2026-11-04 was 2.9% below that price.
The latest purchase (2026-11-04) was at 1.12 GBP; the close was 0.5% below that price.
Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored.
Buying size vs market trading
0.42% · of estimated traded value in the same period
2026-10-08 – 2026-11-04 · 20 recorded trading sessions
- Disclosed qualifying purchases
- 68,072 GBP
- Estimated market traded value
- 16,131,345 GBP
Market-data coverage: 525 verified sessions · Latest session: 2026-11-04 · Ratio status: Available
Recent and largest purchase events / preceding 60-session ADTV
- Nov 04 · E sther Gilbert · Director of the Company8,089 GBP · 1.24%654,008 GBP ADTV
- Nov 03 · Robert Kirkby · Director of the Company19,994 GBP · 3.05%655,148 GBP ADTV
- Nov 02 · David Harris · PCA to Company - Managing Director of Cadarn Capital Ltd14,990 GBP · 2.29%654,755 GBP ADTV
- Oct 27 · Philip Braun · Director of the Company24,998 GBP · 3.84%651,116 GBP ADTV
- Aug 07 · Vanessa Neill · Director of the Company11,946 GBP · 2.26%528,181 GBP ADTV
- Jul 24 · Carl Hazeley · Board Fellow/Apprentice1,198 GBP · 0.26%462,615 GBP ADTV
Traded value is estimated as close × shares traded, in major currency units. Includes disclosed qualifying purchases; disclosures may lag. Contractual or planned acquisitions are not necessarily discretionary. Ratios describe relative trading size, not market participation or score contributions.
Sector context
- Buying breadth
- 9.3% (20 / 215 issuers)
- Sector rank
- #4 / 12
- 7D breadth change
- -0.9 pp · vs 2026-10-29 (7d)
- 30D breadth change
- History building
This is sector-level research context. It does not affect the Insider Signal or ranking.
Insider profile outcomes
Historical performance following insider filings. The company role is translated below each name while preserving the original title.
- Excess return = stock return − FTSE 100 return over the same period.
- Hit rate = completed events with positive excess return ÷ total completed events.
- Price coverage = valid point-in-time prices ÷ events mature enough for that period.
- Returns start on the first shared trading session on or after publication.
- Small-sample rule: n<5 is shown for transparency and is not scored.
Events are disclosure-level observations; related disclosures published on the same date may share a return path and may not be statistically independent. This research enrichment does not affect the insider score or ranking.
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -1.6% | -1.6% | -2.6% |
| 20D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | -4.3% | -4.3% | -9.0% |
| 60D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -7.6% | -7.6% | -11.1% |
| 120D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -13.3% | -13.3% | -15.5% |
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -2.9% | -2.9% | -4.6% |
| 20D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -5.0% | -5.0% | -8.4% |
| 60D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -2.4% | -2.4% | -3.3% |
| 120D | 1Small sample | 100.0% (1/1) | 0.0% (0/1) | -4.6% | -4.6% | -4.6% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 13.5%
- Beta
- —
- Avg daily volume
- £641,585.7
- 20-session drawdown
- -5.9%
- 60-session drawdown
- -6.3%
- Latest volume / prior median
- 10.5×
VALUATION
- Market cap
- £358.7M
- Market cap (EUR ref.)
- €430.1M
- P/E
- —
FUNDAMENTALS
- Revenue
- —
- Net income
- —
- Operating profit
- —
- Equity
- —
- Cash
- —
- Debt
- —
- Operating cash flow
- —
- Free cash flow
- —
- Profit margin
- 0.0%
- ROE
- —
- Industry
- Asset Management
Prices to 06 Nov 2026: price cache (yfinance). From OpenBB/yfinance, captured 16 Oct 2026: Market cap, Profit margin, Industry. ECB EUR reference rate dated 2026-11-05; it is not a trade-date conversion. It does not affect the insider score or rank.
Dividends
- Dividend yield
- 6.5%at 113.00p
- Last 12 months
- 7.39pper share
- Payout ratio
- —loss-making
- Latest ex-dividend
- 2026-08-062.31p
- Frequency
- 3 in 12 months
- Dividend growth
- +24.9%a year, 2022–2025
- By year
By year
| Year | Payments | Cash per share |
|---|---|---|
| 2026 (so far) | 3 | 7.39p |
| 2025 | 4 | 10.24p |
| 2024 | 4 | 10.31p |
| 2023 | 4 | 8.12p |
| 2022 | 4 | 5.25p |
Yahoo Finance: cash dividends by ex-dividend date, the latest close, the payout ratio (dividends ÷ 12-month earnings per share) and announced dates; special dividends included, stock dividends and splits not. Not part of any score.
Disclosed net short positions
The FCA register, read 06 Nov 2026, publishes no aggregate net short position for this issuer.
Short-position disclosures are external context; they do not affect the insider score, ranking, or filing eligibility.
Insiders and institutions
Insiders, ranking window: €97.4k net bought · buyers: 6 · last 2026-11-04
Short sellers
Nothing at or above the publication threshold is on the FCA register (read 2026-11-06).
Source: FCA, read 2026-11-06. Where holders are named, only positions of 0.5% of issued capital or more are published, so these are lower bounds and a change is a change in what was published. Context only; not part of the score. All companies where insiders buy and short sellers hold positions →
Major holders (3% and above)
| Holder | Voting rights | Notified | Change |
|---|---|---|---|
| Investec Wealth & Investment Limited | 17.03% | 2022-12-20 | +0.04 pp |
| FIL Limited | 4.94% | 2024-11-20 | −4.33 pp |
| SG Kleinwort Hambros Bank Limited · bank or broker | 4.88% | 2022-04-26 | −0.37 pp |
No holder other than banks and brokers notified a change in the last 12 months.
Source: FCA (TR-1). A holder must notify when its voting rights cross 3% and every whole percent above it; within a percent a holding can change without a notice. Banks and brokers often hold shares to hedge clients' trades; the largest asset managers' stakes are mostly index money. Context only; not part of the score.
Latest news
News capture status: ok. Articles were retained for audit but none met the reader threshold.
Regulatory filings
- Insider filing announcement · published 2026-11-04 · trade date 2026-11-04
- Insider filing announcement · published 2026-11-04 · trade date 2026-11-02
- Insider filing announcement · published 2026-11-03 · trade date 2026-11-03
Unfold all 7 filings
- Insider filing announcement · published 2026-11-04 · trade date 2026-11-04
- Insider filing announcement · published 2026-11-04 · trade date 2026-11-02
- Insider filing announcement · published 2026-11-03 · trade date 2026-11-03
- Insider filing announcement · published 2026-10-27 · trade date 2026-10-27
- Insider filing announcement · published 2026-08-07 · trade date 2026-08-07
- Insider filing announcement · published 2026-07-24 · trade date 2026-07-24
- Insider filing announcement · published 2026-02-02 · trade date 2026-01-29
Filing evidence
These are underlying national-feed records from the 365-day window ending on the saved ranking snapshot. The score uses only the latest 180 days; older qualifying equity purchases remain visible for audit but do not enter the current score. The original filer, role, transaction classification, instrument, price, volume, value and source fields are retained. The first three rows are shown; remaining records can be unfolded for audit. Other transaction types are retained but excluded from the score.
Excluded transactions & classification
7 qualifying purchase disclosure(s) · 7 transaction line(s)
Unfold all 4 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-27 | 2026-10-27 | Philip Braun | Director of the Company | Purchase of Ordinary Shares | Sterling Ordinary Shares ISIN : JE00B9MRHZ51 | 1.14 GBP | GBP | 21928 | Open filing |
| 2026-08-07 | 2026-08-07 | Vanessa Neill | Director of the Company | Purchase of Ordinary Shares | Sterling Ordinary Shares ISIN : JE00B9MRHZ51 | 1.201764 GBP | GBP | 9940 | Open filing |
| 2026-07-24 | 2026-07-24 | Carl Hazeley | Board Fellow/Apprentice | Purchase of Ordinary Shares | Sterling Ordinary Shares ISIN : JE00B9MRHZ51 | 1.1979 GBP | GBP | 1000 | Open filing |
| 2026-01-29 | 2026-02-02 | Carl Hazeley | Board Fellow/Apprentice | Purchase of Ordinary Shares | Sterling Ordinary Shares ISIN : JE00B9MRHZ51 | 1.1988 GBP | GBP | 1000 | Open filing |
Showing 7 of 7 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level € aggregate is separately FX-normalised for research ranking, not a trade-date conversion.
Other disclosed transactions · excluded from score
The underlying filing feed is unavailable in this snapshot; this is not a claim that no filings exist.
Follow new disclosures
Subscribe to new Europe disclosures. These are market-wide RSS feeds, not company-specific alerts.
Model & Sources
Signal history
Latest recorded score
- Recorded snapshots
- 46
- First snapshot
- 2026-08-26
Only scores captured when the scoring run completed are compared. These are raw signal scores saved when each full scoring run completed. They describe changes in research ranking, not price performance or returns.
Why did it change?
Decomposition across the five score factors between comparable snapshots; historical scores are not recalculated.
- Number of buyers+14.0 pts
- Amount bought+3.0 pts
- How recent+9.2 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 61.2
- 54.6
- 53.8
- 53.7
- 79.9
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 61.2 |
| 2026-08-27 | 61.2 |
| 2026-08-28 | 56.0 |
| 2026-08-31 | 55.5 |
| 2026-09-01 | 55.4 |
| 2026-09-02 | 55.3 |
| 2026-09-03 | 55.2 |
| 2026-09-04 | 55.1 |
| 2026-09-07 | 54.8 |
| 2026-09-08 | 54.7 |
| 2026-09-09 | 54.6 |
| 2026-09-10 | 54.6 |
| 2026-09-11 | 54.5 |
| 2026-09-14 | 54.3 |
| 2026-09-23 | 54.0 |
| 2026-09-24 | 54.0 |
| 2026-09-25 | 53.9 |
| 2026-09-28 | 53.9 |
| 2026-09-29 | 53.9 |
| 2026-09-30 | 53.9 |
| 2026-10-01 | 53.8 |
| 2026-10-02 | 53.8 |
| 2026-10-03 | 53.8 |
| 2026-10-04 | 53.8 |
| 2026-10-05 | 53.8 |
| 2026-10-06 | 53.8 |
| 2026-10-07 | 53.8 |
| 2026-10-08 | 53.8 |
| 2026-10-09 | 53.8 |
| 2026-10-12 | 53.7 |
| 2026-10-13 | 53.7 |
| 2026-10-14 | 53.7 |
| 2026-10-15 | 53.7 |
| 2026-10-16 | 53.7 |
| 2026-10-18 | 53.7 |
| 2026-10-19 | 53.7 |
| 2026-10-20 | 53.7 |
| 2026-10-21 | 53.7 |
| 2026-10-22 | 53.7 |
| 2026-10-23 | 53.7 |
| 2026-10-27 | 65.4 |
| 2026-10-28 | 64.7 |
| 2026-10-29 | 64.1 |
| 2026-11-03 | 53.7 |
| 2026-11-04 | 80.6 |
| 2026-11-05 | 79.9 |
Why this score? · Model details
Priority = 100 × Σ(fixed weight × 0–1 rule-based input)
| Factor | Weight | This company input | Point contribution |
|---|---|---|---|
| 15-day buyer breadth (count) | 35% | 1.000 | 35.0 |
| Qualified-buy size | 25% | 0.745 | 18.6 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.933 | 9.3 |
| Buy/sell conviction | 10% | 1.000 | 10.0 |
This is a heuristic ordering under the current rules, not a calibrated return forecast. It explains why candidates rank differently; the public-filing evidence and data limits are shown below.
Snapshot & identity
- Snapshot date
- 2026-11-05
- Ticker
- CVCG.L
- ISIN
- JE00B9MRHZ51
- Sector
- Closed-End Funds
- Industry
- Asset Management
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