Data as of 5 Nov 2026

COMPANY RESEARCH

JUMBO S.A.

BELA.AT · Greece · Consumer Cyclical · Specialty Retail

Insider Signal

Snapshot: 05 Nov 2026 · 180-day research window

Data quality pass

Insider Signal: 64.4 / 100
Reported buyers: 2
Net purchases: 9.65m EUR
Latest disclosure: 2026-10-19

What stands out

2 reported buyers participated in qualifying purchases during the last 180 days.
Sofia Vakaki accounts for 100% of comparable reported purchase value; buyer breadth and value are different measures.

Price vs insider buying

BELA.AT · EUR

● 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.

Since 2026-11-03, neither column has changed. 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 (more buyers than usual here, large purchases); share price and trading, company results were checked and none crosses a bear threshold. No data is held for: short sellers, company actions.

The insider purchases themselvesBullmore buyers than usual here, large purchases Bearvalue concentrated in one buyer4 checked, under the threshold · 3 missing
Share price and trading3 checked, under the threshold
Short sellers1 missing
Company results1 checked, under the threshold · 1 missing
Company actionsno data held

Bull case · the buying is informative

No insider bought in the 180 days before this window; 2 have bought in it. The buying is new for this company, not a habit.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%).
Net purchases of €9.7M equal 0.26% of the company's market value (€3.7bn): large for the size of the business.

Bear case · discount it

Sofia Vakaki accounts for 100% of the value bought. The other 1 buyer adds names more than money.Record: after 3,525 earlier disclosures like this, the median 60-session excess return was −3.4%, within 1 percentage point of all comparable disclosures (−3.5%).

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 26%). Whether earnings and cash flow are rising or falling needs the last two reports side by side.
The short-position register for this company's market is not captured here, so whether professional investors are positioned against the buying is not known.
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 11 purchase lines mentions a plan, but a bare “Purchase” 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: 8, 1 close to it

BullAt most 2 insiders bought within any 15 days. Counted for the bull side from 3. close to the threshold
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.
EitherThe latest purchase is 28 days old. Bull up to 14 days, bear from 90.
BearThe share price changed +25% over six months (three months +6.4%, one month +10%). Counted for the bear side from a fall of 20%.
BearOver three months the share price changed +6.4% and the median of 349 Consumer Cyclical companies changed −2.5%: ahead by 9 points. Counted for the bear side from 20 points behind.
BearProfit margin on the latest captured figures is 26%. Counted for the bear side when negative.
BearAbout €9.0M 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.

Role Activity

Insider

Transaction activity

Purchase value

Latest trade

Details

Sofia VakakiBoard member

9 buy · 0 sell

9.64m EUR

2026-10-08

View transactions · 9

Trade date	Disclosure	Type	Shares	Price	Currency	Source
2026-10-08	2026-10-12	Purchase	3155.0	24.188843	EUR	Source ↗
2026-10-02	2026-10-05	Purchase	5339.0	24.946458	EUR	Source ↗
2026-09-30	2026-10-02	Purchase	43944.0	24.933711	EUR	Source ↗
2026-09-29	2026-09-30	Purchase	144877.0	24.907267	EUR	Source ↗
2026-09-28	2026-09-30	Purchase	31179.0	24.965744	EUR	Source ↗
2026-08-04	2026-08-05	Purchase	4525.0	24.977065	EUR	Source ↗
2026-08-03	2026-08-04	Purchase	84559.0	24.896457	EUR	Source ↗
2026-07-17	2026-07-22	Purchase	37577.0	22.970732	EUR	Source ↗
2026-07-17	2026-07-21	Purchase	37577.0	22.970732	EUR	Source ↗

Argyro Athanasiou -IndependentBoard member

2 buy · 0 sell

14.2k EUR

2026-07-16

View transactions · 2

Trade date	Disclosure	Type	Shares	Price	Currency	Reported value	Source
2026-07-16	2026-07-22	Acquisition	310.0	22.9	EUR		Source ↗
2026-07-16	2026-07-20	Acquisition	310.0	22.9	EUR		Source ↗

INSIDER SIGNAL

Score breakdown：64.4 / 100

2 insiders · 9 purchase events · €9.65m net purchases

Europe #183 · Greece #2

WHY THIS SIGNAL?

Score anatomy

Each bar is that part's points in the score; the five parts add up to the score.

Number of buyers+21.0 / 35

How many different insiders bought within 15 days

Amount bought+25.0 / 25

The value bought, net of any insider sales

Buyers' roles+7.0 / 20

Lower in the company scores higher: in the backtest, purchases by the most senior insiders did worse

How recent+1.4 / 10

How long ago the latest purchase took place

Buying against selling+10.0 / 10

Lower when insiders also sold

What is holding the score back?

⚠ Few buyers · fewer than 4 different insiders
⚠ Buyers' roles add little · most senior buyer: Board member; the most senior score lowest
⚠ The latest purchase was some time ago

Buyers' roles follow the European ranking's order of roles: the most senior insiders score lowest.

BUYING PROFILE

9 events · 2 insiders · 180d

Cluster 22%Repeat 78%Independent 0%Large 0%

Percentages are mutually exclusive and sum to 100%.

Buying concentration

100%

Largest buyer：Sofia Vakaki · 9.64m EUR
Purchases counted, before sales：9.65m EUR

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
Sofia Vakaki	24.188843 EUR	Oct 8, 2026
Sofia Vakaki	24.946458 EUR	Oct 2, 2026
Sofia Vakaki	24.907267 EUR	Sep 29, 2026

Model details

Cluster breakdown (does not change the score)

15-day buyer breadth (count): 2 distinct reported filers
Peak time window: 2026-07-16 to 2026-07-17
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

🟢 Latest purchase counted
Sofia Vakaki · 76k EUR · Price 24.188843 EUR · Oct 8, 2026
🟢 Purchase by a manager or director
Sofia Vakaki · 133k EUR · Price 24.946458 EUR · Oct 2, 2026
🟢 Purchase by a manager or director
Sofia Vakaki · 3.61m EUR · Price 24.907267 EUR · Sep 29, 2026
🟡 8 more purchase line(s) counted, from 8 filing(s)
🔴 2 other line(s) are not counted, as they are not purchases the insider chose to make; 0 have a price of zero

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: 15 / 15
Median disclosure lag: 2 days
Latest disclosure age: 17 days at snapshot
Corrections / revisions: 0
Score-factor detail: Saved

Insider timeline

2 insiders bought within 2 days, 16 Jul to 17 Jul: 2 Board member. 1 of them bought again later. The share closed at 22.80 on the first of those days and at 27.46 most recently (+20.4%). That week 183 companies across Europe disclosed insider purchases, an ordinary week (16 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 16 Jul – 17 Jul, 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, +24.3% over these six months

The closing price of each day, from 22.10 on 2026-05-11 to 27.46 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.

▂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: 183 companies, number 16 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

Dec

Jan

Feb

Mar

Apr

May

Jun

2Jul

1Aug

1Sep

1Oct

Nov

Darker bars are inside the 180-day window above.

Who traded

Insider	Role	Purchases	Sales	Bought	First purchase	Share price since	Earlier purchases
Argyro Athanasiou -Independent	Board member	1	—	14.2k EUR	2026-07-16	+20.4%	fewer than 5 completed
Sofia Vakaki	Board member	8	—	9.6M EUR	2026-07-17	+17.0%	fewer than 5 completed

Insiders' buying price vs the latest close

Insiders paid 24.53 EUR a share on average (11 purchase lines, 2 buyers, 2026-07-16 – 2026-10-08). The close on 2026-11-04 was 11.9% above that price.

The latest purchase (2026-10-08) was at 24.19 EUR; the close was 13.5% 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

0.04% · of estimated traded value in the same period

2026-10-07 – 2026-11-04 · 20 recorded trading sessions

Disclosed qualifying purchases: 76,316 EUR
Estimated market traded value: 179,627,593 EUR

Market-data coverage: 500 verified sessions · Latest session: 2026-11-04 · Ratio status: Available

Recent and largest purchase events / preceding 60-session ADTV

Oct 08 · Sofia Vakaki · Executive Member of the Company's Board of Directors
76,316 EUR · 0.73%
10,509,043 EUR ADTV
Oct 02 · Sofia Vakaki · Executive Member of the Company's Board of Directors
133,189 EUR · 1.26%
10,595,245 EUR ADTV
Sep 30 · Sofia Vakaki · Executive Member of the Company's Board of Directors
1,095,687 EUR · 10.47%
10,468,740 EUR ADTV
Sep 29 · Sofia Vakaki · Executive Member of the Company's Board of Directors
3,608,490 EUR · 34.85%
10,353,010 EUR ADTV
Sep 28 · Sofia Vakaki · Executive Member of the Company's Board of Directors
778,407 EUR · 7.56%
10,301,914 EUR ADTV
Aug 04 · Sofia Vakaki · Executive Member of the Company's Board of Directors
113,021 EUR · 1.30%
8,714,158 EUR ADTV
Aug 03 · Sofia Vakaki · Executive Member of the Company's Board of Directors
2,105,220 EUR · 24.12%
8,727,753 EUR ADTV
Jul 17 · Sofia Vakaki · Executive Member of the Company's Board of Directors
1,726,342 EUR · 18.68%
9,242,024 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.

Sector context

Consumer Cyclical

Buying breadth: 8.2% (41 / 503 issuers)
Sector rank: #7 / 12
7D breadth change: -0.6 pp · vs 2026-10-29 (7d)
30D breadth change: -3.7 pp · vs 2026-10-06 (30d)

This is sector-level research context. It does not affect the Insider Signal or ranking.

View Europe sector research →

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 − Athens General Composite 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.

Sofia VakakiExecutive Member of the Company's Board of Directors7 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	8Developing evidence	100.0% (8/8)	100.0% (8/8)	+3.1%	+3.5%	+1.8%
20D	7Developing evidence	100.0% (7/7)	71.4% (5/7)	+10.6%	+7.5%	-1.6%
60D	4Small sample	100.0% (4/4)	100.0% (4/4)	+7.1%	+7.0%	+5.7%
120D	0No data	Awaiting maturity	—	—	—	—

First purchase in 12M

1/8

Large purchase ≥ €100k

7/8

Cluster buying · 15D

4/8

Buying the dip · ≥20% below prior 52W high

2/8

Routine / opportunistic

Not classifiable

Argyro Athanasiou -IndependentNon- Executive Member of the Board of Directors of JUMBO S.A.2 completed 20D event(s)

Period	Completed events	Price coverage	Hit rate	Median excess return	Average excess return	Worst excess return
5D	2Small sample	100.0% (2/2)	100.0% (2/2)	+2.2%	+2.2%	+2.1%
20D	2Small sample	100.0% (2/2)	100.0% (2/2)	+9.6%	+9.6%	+7.6%
60D	2Small sample	100.0% (2/2)	100.0% (2/2)	+6.9%	+6.9%	+5.4%
120D	0No data	Awaiting maturity	—	—	—	—

First purchase in 12M

1/2

Large purchase ≥ €100k

0/2

Cluster buying · 15D

1/2

Buying the dip · ≥20% below prior 52W high

2/2

Routine / opportunistic

Not classifiable

Market context

PRICE PERFORMANCE

+10.5%

+6.4%

+24.8%

12M

+1.9%

VOLATILITY & LIQUIDITY

Volatility: 23.8%
Beta: 0.35
Avg daily volume: €11.4M
20-session drawdown: -1.5%
60-session drawdown: -9.3%
Latest volume / prior median: 1.7×

VALUATION

Market cap: €3.7B
Market cap (EUR ref.): €3.7B
P/E: 11.4×

FUNDAMENTALS

Revenue: $1.2B
Net income: $320.3M
Operating profit: $392.5M
Equity: $1.6B
Cash: $536.7M
Debt: —
Operating cash flow: $296.9M
Free cash flow: —
Profit margin: 25.8%
ROE: 21.2%
Industry: Specialty Retail

Prices to 04 Nov 2026: price cache (yfinance). From OpenBB/yfinance, captured 29 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. From the company's annual report ↗, fiscal year ended 31 Dec 2025: Revenue, Net income, Equity, Operating profit, Cash, Operating cash flow. 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: 4.4%at €27.00
Last 12 months: €1.20per share
Payout ratio: 21%of 12-month earnings
Next ex-dividend: 2026-11-16
Frequency: Twice a year
Dividend growth: -5.4%a year, 2022–2025
By year

By year

Year	Payments	Cash per share
2026 (so far)	2	€1.20
2025	2	€0.98
2024	2	€1.60
2023	3	€2.95
2022	3	€1.16

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

This country's register of net short positions was not read for this build. That says nothing about whether short positions exist.

Latest news

No news has been captured for this company.

Regulatory filings

Insider filing announcement · published 2026-10-19 · trade date 2026-10-19
Insider filing announcement · published 2026-10-16 · trade date 2026-10-16
Insider filing announcement · published 2026-10-12 · trade date 2026-10-08

Unfold all 14 filings

Insider filing announcement · published 2026-10-19 · trade date 2026-10-19
Insider filing announcement · published 2026-10-16 · trade date 2026-10-16
Insider filing announcement · published 2026-10-12 · trade date 2026-10-08
Insider filing announcement · published 2026-10-05 · trade date 2026-10-02
Insider filing announcement · published 2026-10-02 · trade date 2026-09-30
Insider filing announcement · published 2026-09-30 · trade date 2026-09-29
Insider filing announcement · published 2026-08-05 · trade date 2026-08-04
Insider filing announcement · published 2026-08-04 · trade date 2026-08-03
Insider filing announcement · published 2026-07-22 · trade date 2026-07-17
Insider filing announcement · published 2026-07-22 · trade date 2026-07-16
Insider filing announcement · published 2026-07-21 · trade date 2026-07-17
Insider filing announcement · published 2026-07-20 · trade date 2026-07-16
Insider filing announcement · published 2025-12-09 · trade date 2025-12-09
Insider filing announcement · published 2025-11-05 · trade date 2025-11-05

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

11 qualifying purchase disclosure(s) · 11 transaction line(s)

Trade Oct 8, 2026Purchase

Sofia Vakaki · Executive Member of the Company's Board of Directors

Published Oct 12, 2026 · Shares · 3155.0 shares × 24.188843 EUR · —

Open filing

Trade Oct 2, 2026Purchase

Sofia Vakaki · Executive Member of the Company's Board of Directors

Published Oct 5, 2026 · Shares · 5339.0 shares × 24.946458 EUR · —

Open filing

Trade Sep 30, 2026Purchase

Sofia Vakaki · Executive Member of the Company's Board of Directors

Published Oct 2, 2026 · Shares · 43944.0 shares × 24.933711 EUR · —

Open filing

Unfold all 8 remaining filing row(s)

Transaction date	Published	Filer	Role	Transaction	Instrument	Price (local currency)	Quote currency	Volume	Source
2026-09-29	2026-09-30	Sofia Vakaki	Executive Member of the Company's Board of Directors	Purchase	Shares	24.907267 EUR	EUR	144877.0	Open filing
2026-09-28	2026-09-30	Sofia Vakaki	Executive Member of the Company's Board of Directors	Purchase	Shares	24.965744 EUR	EUR	31179.0	Open filing
2026-08-04	2026-08-05	Sofia Vakaki	Executive Member of the Company's Board of Directors	Purchase	Shares	24.977065 EUR	EUR	4525.0	Open filing
2026-08-03	2026-08-04	Sofia Vakaki	Executive Member of the Company's Board of Directors	Purchase	Shares	24.896457 EUR	EUR	84559.0	Open filing
2026-07-17	2026-07-22	Sofia Vakaki	Executive Member of the Company's Board of Directors	Purchase	Shares	22.970732 EUR	EUR	37577.0	Open filing
2026-07-17	2026-07-21	Sofia Vakaki	Executive Member of the Company's Board of Directors	Purchase	Shares	22.970732 EUR	EUR	37577.0	Open filing
2026-07-16	2026-07-22	Argyro Athanasiou -Independent	Non- Executive Member of the Board of Directors of JUMBO S.A.	Acquisition	Shares	22.9 EUR	EUR	310.0	Open filing
2026-07-16	2026-07-20	Argyro Athanasiou -Independent	Non- Executive Member of the Board of Directors of JUMBO S.A.	Acquisition	Shares	22.9 EUR	EUR	310.0	Open filing

Showing 11 of 11 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 4 other transaction(s)

Trade Oct 19, 2026—

— · —

Published Oct 19, 2026 · — · — shares × — · —

Open filing

Trade Oct 16, 2026—

— · —

Published Oct 16, 2026 · — · — shares × — · —

Open filing

Trade Dec 9, 2025—

— · —

Published Dec 9, 2025 · — · — shares × — · —

Open filing

Unfold all 1 remaining filing row(s)

Transaction date	Published	Filer	Role	Transaction	Instrument	Price (local currency)	Quote currency	Volume	Source
2025-11-05	2025-11-05	—	—	—	—	—	EUR	—	Open filing

Showing 4 of 4 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.

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Model & Sources

Signal history

64.4 / 100

Latest recorded score

↓ -1.1 ptssince the first recorded snapshot on 2026-10-28; 8 calendar days observed

Recorded snapshots: 5
First snapshot: 2026-10-28

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

Oct 28, 202665.5
Oct 29, 202665.3
Nov 3, 202664.6
Nov 4, 202664.5
Nov 5, 202664.4

View all recorded scores

Snapshot date	Signal score
2026-10-28	65.5
2026-10-29	65.3
2026-11-03	64.6
2026-11-04	64.5
2026-11-05	64.4

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%	0.144	1.4
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: BELA.AT
ISIN: GRS282183003
Sector: Consumer Cyclical
Industry: Specialty Retail

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