| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 19Developing evidence | 100.0% (19/19) | 31.6% (6/19) | -1.5% | -0.8% | -3.7% |
| 20D | 19Developing evidence | 100.0% (19/19) | 21.1% (4/19) | -4.4% | -3.6% | -13.2% |
| 60D | 18Developing evidence | 100.0% (18/18) | 22.2% (4/18) | -11.7% | -9.3% | -24.5% |
| 120D | 18Developing evidence | 100.0% (18/18) | 72.2% (13/18) | +2.7% | +4.0% | -23.3% |
COMPANY RESEARCH
ELIS
ELIS.PA · France · Industrials · Specialty Business Services
INSIDER SIGNAL
Insider activity score：70.1 / 100
2 insiders · 6 purchase events · €27.35m net purchases
Europe #70 · France #11
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
Cluster+21.0 / 35
How many distinct insiders bought in the cluster
Purchase size+25.0 / 25
Purchase value relative to company size and liquidity
Role+13.0 / 20
The seniority and relevance of participating insiders
Recency+7.1 / 10
How recently the purchases occurred
Conviction+10.0 / 10
How clearly buying stands out from other activity
What is holding the score back?
- ⚠ Buyer breadth is moderate · fewer than 4 distinct filers
- ⚠ Insider role contributes less on the current role scale
- ✓ Recent activity · latest purchase 2026-10-12
The role contribution uses the inverted role input of the current European model.
Buying concentration
50%
Largest buyer：BRASIL WARRANT ADMINISTRACAO DE BENS · 13.67m EUR
Gross qualified purchase transaction-line value：27.35m EUR
The headline € total is net buying for the screen; this module uses gross qualified purchase transaction-line values in the filing currency, so the amounts can differ. The current 15-day buyer-breadth input counts distinct buyers; value concentration is disclosed separately here.
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 |
|---|---|---|
| BRASIL WARRANT ADMINISTRACAO DE BENS | 21.458 EUR | Oct 12, 2026 |
| BW GESTÃO DE INVESTIMENTOS LTDA. | 21.458 EUR | Oct 12, 2026 |
| BRASIL WARRANT ADMINISTRACAO DE BENS | 21.3095 EUR | Oct 9, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 2 distinct reported filers
- Peak time window
- 2026-10-08 to 2026-10-12
- Current breadth input
- 0.600 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Recent eligible purchase
BRASIL WARRANT ADMINISTRACAO DE BENS · 10.08m EUR · Price 21.458 EUR · Oct 12, 2026 - 🟢 Eligible purchase
BW GESTÃO DE INVESTIMENTOS LTDA. · 10.08m EUR · Price 21.458 EUR · Oct 12, 2026 - 🟢 Large eligible purchase
BRASIL WARRANT ADMINISTRACAO DE BENS · 2.22m EUR · Price 21.3095 EUR · Oct 9, 2026 - 🟡 3 remaining qualified transaction line(s) across 3 disclosure(s)
Insider vs stock price
3 purchase day(s), 6 purchase line(s) in the 180-day window.
Daily close (EUR)Day with an insider purchaseTwo or more insiders the same day
Markers sit on the closing price of the transaction day. They show when insiders traded, not the price they paid or received. "Since" compares that day's close with the last close shown; it is what happened at this company, not a forecast.
If you had followed the purchase
Each row starts on the first close on or after the day a purchase was made public, the earliest a reader could have acted, and ends on the last close shown above.
| Made public | Insiders | In this stock, now | In the median peer stock, now | Difference |
|---|---|---|---|---|
| 2026-10-14 | 2 | 1,016 +1.6% | too few peers | — |
Close to close, before costs, taxes, dividends and currency moves. The peer is the median of the other stocks on the same exchange for which this site holds prices (0 here), not an index. This is what happened, not a forecast: across all purchases on this site the typical gap is close to zero.
Insider timeline
2 insiders bought on the same day, 12 Oct: 2 Supervisory board. The share closed at 21.64 that day and at 22.16 most recently (+2.4%). That week 138 companies across Europe disclosed insider purchases, an ordinary week (25 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 12 Oct, with 2 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, −16.6% over these six months
The closing price of each day, from 26.58 on 2026-04-21 to 22.16 on 2026-10-15. 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, −9.1%
Taken from the 104 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 −16.6%, the typical one −9.1%, 7.5 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: 138 companies, number 25 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
2Nov
Dec
Jan
2Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
2Oct
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| BRASIL WARRANT ADMINISTRACAO DE BENS | Supervisory board | 3 | — | 13.7M EUR | 2026-10-08 | +5.0% | 6 completed, median −2.7% against peers after 60 sessions |
| BW GESTÃO DE INVESTIMENTOS LTDA. | Supervisory board | 3 | — | 13.7M EUR | 2026-10-08 | +5.0% | 18 completed, median −11.7% against peers after 60 sessions |
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% | 0.600 | 21.0 |
| Qualified-buy size | 25% | 1.000 | 25.0 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.707 | 7.1 |
| 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.
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 (large purchases, bought in the last two weeks); share price and trading, short sellers, company results were checked and none crosses a bear threshold. No data is held for: company actions.
- The insider purchases themselvesBulllarge purchases, bought in the last two weeks Bearusual level for this company, buyer's past purchases trailed the benchmark4 checked, under the threshold · 2 missing
- Share price and trading3 checked, under the threshold
- Short sellers1 checked, under the threshold
- Company results1 checked, under the threshold · 1 missing
- Company actionsno data held
Bull case · the buying is informative
- Net purchases of €27.3M equal 0.58% of the company's market value (€4.7bn): large for the size of the business.
- The latest purchase is 5 days old (2026-10-12). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- Buying at this level is normal here: 4 insiders bought in the previous 180 days and 2 in this one.Record: after 2,869 earlier disclosures like this, the median 60-session excess return was −2.6%, within 1 percentage point of all comparable disclosures (−2.7%).
- The 18 earlier purchases by BW GESTÃO DE INVESTIMENTOS LTDA. trailed CAC 40 by a median 12% over the following 60 trading days.
Evidence still missing
- Only one reading of profitability is held (profit margin 7.7%). 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 “Acquisition” 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, 2 close to it
- BullAt most 2 insiders bought within any 15 days. Counted for the bull side from 3. close to the threshold
- BearThe share price changed −17% over six months (three months −12%, one month −2.8%) and stands 22% below its 52-week high. Counted for the bear side from a fall of 20%. close to the threshold
- BearThe largest buyer accounts for 50% of the value bought. Counted for the bear side from 80%.
- Bear0 of 2 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.
- BearOver three months the share price changed −12% and the median of 462 Industrials companies changed −0.32%: behind by 12 points. Counted for the bear side from 20 points behind.
- BearPublished net short positions total 1.24% of the share capital across 2 named holders. Counted for the bear side from 2%. On 2026-10-02 it was 5.03%: down 3.79 points since.
- BearProfit margin on the latest captured figures is 7.7%. Counted for the bear side when negative.
- BearAbout €9.8M 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.
Signal history
70.1 / 100
Latest recorded score
↓ -1.0 ptssince the first recorded snapshot on 2026-10-15; 3 calendar days observed
- Recorded snapshots
- 3
- First snapshot
- 2026-10-15
There is not yet a 30-calendar-day comparison; earlier scores are not reconstructed. 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?
Less than 30 days of comparable history is available, so factor movement is not yet decomposed.
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 71.1
- 70.6
- 70.1
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-15 | 71.1 |
| 2026-10-16 | 70.6 |
| 2026-10-18 | 70.1 |
Sector context
- Buying breadth
- 7.5% (79 / 1,047 issuers)
- Sector rank
- #8 / 12
- 7D breadth change
- -0.3 pp · vs 2026-10-12 (6d)
- 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 − CAC 40 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 | 7Developing evidence | 100.0% (7/7) | 71.4% (5/7) | +1.4% | +1.0% | -1.7% |
| 20D | 7Developing evidence | 100.0% (7/7) | 57.1% (4/7) | +0.2% | +1.0% | -11.9% |
| 60D | 6Developing evidence | 100.0% (6/6) | 16.7% (1/6) | -2.7% | -6.3% | -24.5% |
| 120D | 6Developing evidence | 100.0% (6/6) | 16.7% (1/6) | -11.6% | -10.2% | -23.3% |
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +0.1% | +0.1% | +0.1% |
| 20D | 1Small sample | 100.0% (1/1) | 0.0% (0/1) | -3.2% | -3.2% | -3.2% |
| 60D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +6.7% | +6.7% | +6.7% |
| 120D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +10.5% | +10.5% | +10.5% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 23.8%
- Beta
- 1.19
- Avg daily volume
- €7.8M
VALUATION
- Market cap
- €4.7B
- P/E
- 14.4×
FUNDAMENTALS
- Profit margin
- 7.7%
- ROE
- 10.7%
- Industry
- Specialty Business Services
Prices to 16 Oct 2026: OpenBB/yfinance. From OpenBB/yfinance, captured 16 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. It does not affect the insider score or rank.
Disclosed net short positions
- Disclosed total
- 1.24%
- Named holders
- 2
- Latest position date
- 29 Sep 2026
| Holder | Net short, % of issued share capital | Position date |
|---|---|---|
| BNP PARIBAS SA | 0.74% | 22 Sep 2026 |
| AQR CAPITAL MANAGEMENT, LLC | 0.50% | 29 Sep 2026 |
Only positions of 0.5% or more are published, so the total is a lower bound, not total short interest. A row with an old position date may be a disclosure that was never withdrawn. Source: AMF · read 18 Oct 2026
Short-position disclosures are external context; they do not affect the insider score, ranking, or filing eligibility.
Insiders' buying price vs the latest close
Insiders paid 24.70 EUR a share on average (10 purchase lines, 4 buyers, 2025-11-13 – 2026-10-12). The close on 2026-10-15 was 10.3% below that price.
The latest purchase (2026-10-12) was at 21.46 EUR; the close was 3.3% above that price.
Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored.
Buying size vs market trading
13.88% · of estimated traded value in the same period
2026-09-18 – 2026-10-15 · 20 recorded trading sessions
- Disclosed qualifying purchases
- 27,347,098 EUR
- Estimated market traded value
- 196,965,435 EUR
Market-data coverage: 510 verified sessions · Latest session: 2026-10-15 · Ratio status: Available
Recent and largest purchase events / preceding 60-session ADTV
- Oct 12 · BRASIL WARRANT ADMINISTRACAO DE BENS · member of the supervisory board10,076,977 EUR · 131.49%7,663,973 EUR ADTV
- Oct 12 · BW GESTÃO DE INVESTIMENTOS LTDA. · member of the supervisory board10,076,977 EUR · 131.49%7,663,973 EUR ADTV
- Oct 09 · BRASIL WARRANT ADMINISTRACAO DE BENS · member of the supervisory board2,217,935 EUR · 28.81%7,697,929 EUR ADTV
- Oct 09 · BW GESTÃO DE INVESTIMENTOS LTDA. · member of the supervisory board2,217,935 EUR · 28.81%7,697,929 EUR ADTV
- Oct 08 · BRASIL WARRANT ADMINISTRACAO DE BENS · member of the supervisory board1,378,636 EUR · 17.72%7,780,655 EUR ADTV
- Oct 08 · BW GESTÃO DE INVESTIMENTOS LTDA. · member of the supervisory board1,378,636 EUR · 17.72%7,780,655 EUR 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.
Latest news
No news has been captured for this company.
Regulatory filings
The filing records held for this company carry no link to the original notice.
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
10 qualifying purchase disclosure(s) · 10 transaction line(s)
Oct 12, 2026Acquisition
BW GESTÃO DE INVESTIMENTOS LTDA. · member of the supervisory board
Action · 469614.0000 shares × 21.4580 EUR · —
Oct 12, 2026Acquisition
BRASIL WARRANT ADMINISTRACAO DE BENS · member of the supervisory board
Action · 469614.0000 shares × 21.4580 EUR · —
Oct 9, 2026Acquisition
BW GESTÃO DE INVESTIMENTOS LTDA. · member of the supervisory board
Action · 104082.0000 shares × 21.3095 EUR · —
Unfold all 7 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-09 | 2026-10-14 | BRASIL WARRANT ADMINISTRACAO DE BENS | member of the supervisory board | Acquisition | Action | 21.3095 EUR | EUR | 104082.0000 | — |
| 2026-10-08 | 2026-10-14 | BW GESTÃO DE INVESTIMENTOS LTDA. | member of the supervisory board | Acquisition | Action | 21.0791 EUR | EUR | 65403.0000 | — |
| 2026-10-08 | 2026-10-14 | BRASIL WARRANT ADMINISTRACAO DE BENS | member of the supervisory board | Acquisition | Action | 21.0791 EUR | EUR | 65403.0000 | — |
| 2026-02-06 | 2026-02-12 | BW GESTÃO DE INVESTIMENTOS LTDA. | member of the supervisory board | Acquisition | Action | 25.0000 EUR | EUR | 7027199.0000 | — |
| 2026-02-06 | 2026-02-12 | BRASIL WARRANT ADMINISTRACAO DE BENS | member of the supervisory board | Acquisition | Action | 25.0000 EUR | EUR | 7027199.0000 | — |
| 2025-11-13 | 2025-11-13 | Louis GUYOT | Membre du directoire | Souscription | Action | 16.8600 EUR | EUR | 2965.0000 | — |
| 2025-11-13 | 2025-11-13 | XAVIER MARTIRE | Président du directoire | Souscription | Action | 16.8600 EUR | EUR | 2965.0000 | — |
Showing 10 of 10 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
View 18 other transaction(s)
Apr 17, 2026Cession
Louis GUYOT · Membre du Directoire
Action · 5000.0000 shares × 27.3800 EUR · —
Apr 17, 2026Cession
Louis GUYOT · Membre du Directoire
Action · 10000.0000 shares × 27.1400 EUR · —
Apr 8, 2026Cession
Louis GUYOT · Membre du Directoire
Action · 6473.0000 shares × 26.0200 EUR · —
Unfold all 15 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-03-16 | 2026-03-19 | BW GESTÃO DE INVESTIMENTOS LTDA. | member of the supervisory board | Pledge | Action | 0.0000 EUR | EUR | 7027199.0000 | — |
| 2026-03-16 | 2026-03-19 | BRASIL WARRANT ADMINISTRACAO DE BENS | member of the supervisory board | Pledge | Action | 0.0000 EUR | EUR | 7027199.0000 | — |
| 2026-03-12 | 2026-03-18 | Xavier MARTIRE | Président du Directoire | Cession | parts de FCPE ELISSHAREHOLDING (exclusivement investi en actions ELIS) | 25.4200 EUR | EUR | 1288.2118 | — |
| 2026-03-12 | 2026-03-18 | Xavier MARTIRE | Président du Directoire | Cession | parts de FCPE ELISSHAREHOLDING (exclusivement investi en actions ELIS) | 25.4200 EUR | EUR | 3282.8428 | — |
| 2026-03-12 | 2026-03-18 | Xavier MARTIRE | Président du Directoire | Cession | Action | 25.7900 EUR | EUR | 20000.0000 | — |
| 2026-03-11 | 2026-03-12 | Louis GUYOT | Membre du Directoire | Cession | Action | 25.6300 EUR | EUR | 10657.0000 | — |
| 2026-03-11 | 2026-03-12 | Louis GUYOT | Membre du Directoire | Cession | Action | 25.6700 EUR | EUR | 7034.0000 | — |
| 2026-03-11 | 2026-03-12 | Xavier MARTIRE | Président du Directoire | Cession | Action | 25.8100 EUR | EUR | 266825 | — |
| 2026-02-05 | 2026-02-09 | BW GESTÃO DE INVESTIMENTOS LTDA. | member of the supervisory board | Pledge | Action | 0.0000 EUR | EUR | 35654902.0000 | — |
| 2026-02-05 | 2026-02-09 | BRASIL WARRANT ADMINISTRACAO DE BENS | member of the supervisory board | Pledge | Action | 0.0000 EUR | EUR | 35654902.0000 | — |
| 2026-01-30 | 2026-02-03 | Xavier MARTIRE | Président du Directoire | Cession | Action | 24.5300 EUR | EUR | 75000.0000 | — |
| 2026-01-06 | 2026-01-07 | XAVIER MARTIRE | Président du directoire | Cession | Action | 24.4500 EUR | EUR | 10000.0000 | — |
| 2026-01-06 | 2026-01-07 | XAVIER MARTIRE | Président du directoire | Cession | Action | 24.3000 EUR | EUR | 7825.0000 | — |
| 2025-11-13 | 2025-11-13 | Louis GUYOT | Membre du directoire | Attribution d'actions gratuites (abondement) | Action | 0.0000 EUR | EUR | 296.0000 | — |
| 2025-11-13 | 2025-11-13 | XAVIER MARTIRE | Président du directoire | Attribution d'actions gratuites (abondement) | Action | 0.0000 EUR | EUR | 296.0000 | — |
Showing 18 of 18 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.
Snapshot & identity
- Snapshot date
- 2026-10-18
- Ticker
- ELIS.PA
- ISIN
- FR0012435121
- Sector
- Industrials
- Industry
- Specialty Business Services
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