COMPANY RESEARCH
FARMACOSMO SPA
COSMO.MI · Italy · Healthcare · Pharmaceutical Retailers
INSIDER SIGNAL
Insider activity score：40.6 / 100
1 insiders · 1 purchase events · €509 net purchases
Europe #1148 · Italy #18
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
Cluster+10.5 / 35
How many distinct insiders bought in the cluster
Purchase size+10.1 / 25
Purchase value relative to company size and liquidity
Role+17.1 / 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
- ⚠ Purchase size is modest relative to the model scale
- ✓ Strong insider role · ? involved
- ✓ Recent activity · latest purchase 2026-10-12
The role contribution uses the inverted role input of the current European model.
Buying concentration
100%
Largest buyer：Fabio de Concilio · 509 EUR
Gross qualified purchase transaction-line value：509 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 |
|---|---|---|
| Fabio de Concilio | 0.45–0.48 EUR | Oct 12, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 1 distinct reported filers
- Peak time window
- 2026-10-12 to 2026-10-12
- Current breadth input
- 0.300 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Recent eligible purchase
Fabio de Concilio · 509 EUR · Price 0.45–0.48 EUR · Oct 12, 2026
Insider vs stock price
No daily prices and volumes have been captured for this stock yet.
Insider timeline
One insider bought, once (12 Oct).
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.
▂Grey bars: companies across Europe disclosing purchases each week
A taller bar is a week in which more companies disclosed insider purchases.
This company: insiders buying per month, last 12 months
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
1Oct
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Fabio de Concilio | Role not classified | 1 | — | 509 EUR | 2026-10-12 | — | fewer than 5 completed |
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% | 0.300 | 10.5 |
| Qualified-buy size | 25% | 0.404 | 10.1 |
| Role informativeness (inverted) | 20% | 0.146; source unavailable, filled with a cohort-neutral value | 2.9 |
| 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
Nothing independent to compare with: the purchases themselves carry bull lines (bought in the last two weeks), but no other source has data here, so they are neither confirmed nor contradicted.
- The insider purchases themselvesBullbought in the last two weeks Bearone buyer only1 checked, under the threshold · 4 missing
- Share price and tradingno data held
- Short sellers1 missing
- Company results1 missing
- Company actionsno data held
Bull case · the buying is informative
- 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
- Only one insider bought. A single purchase can reflect that person's own finances rather than a view on the company.Record: after 4,732 earlier disclosures like this, the median 60-session excess return was −2.7%, within 1 percentage point of all comparable disclosures (−3.3%).
Evidence still missing
- The recorded purchase value is under €1,000, which usually means a price or unit was not captured from the source. Check the amounts against the filing before weighing size.
- No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
- No earnings, margin or cash-flow figures are captured for this company. The latest annual and interim reports are where to check whether the business is improving or deteriorating.
- 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 4 purchase lines mentions a plan, but a bare “ACQUISTO” 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: 1
- Bear0 of 1 buyer filed as a person closely associated with a manager. Counted for the bear side from half.
Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.
Signal history
40.6 / 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
- 41.6
- 41.1
- 40.6
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-15 | 41.6 |
| 2026-10-16 | 41.1 |
| 2026-10-18 | 40.6 |
Sector context
- Buying breadth
- 6.1% (48 / 792 issuers)
- Sector rank
- #11 / 12
- 7D breadth change
- -0.4 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 − FTSE MIB 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.
Market context
No price, valuation or fundamentals have been captured for this stock yet.
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.
Insiders' buying price vs the latest close
No daily prices have been captured for this stock yet.
Buying size vs market trading
Complete price and volume history is not yet available.
Market-data coverage: 0 verified sessions · Latest session: — · Ratio status: Unavailable
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
4 qualifying purchase disclosure(s) · 4 transaction line(s)
Oct 12, 2026ACQUISTO
Fabio de Concilio · Persona che esercita funzioni di amministrazione
Azioni Ordinarie · 305 shares × 0.46 EUR · —
Oct 12, 2026ACQUISTO
Fabio de Concilio · Persona che esercita funzioni di amministrazione
Azioni Ordinarie · 600 shares × 0.46 EUR · —
Oct 12, 2026ACQUISTO
Fabio de Concilio · Persona che esercita funzioni di amministrazione
Azioni Ordinarie · 100 shares × 0.45 EUR · —
Unfold all 1 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-12 | 2026-10-14 | Fabio de Concilio | Persona che esercita funzioni di amministrazione | ACQUISTO | Azioni Ordinarie | 0.48 EUR | EUR | 100 | — |
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.
Other disclosed transactions · excluded from score
The underlying filing feed is unavailable in this snapshot; this is not a claim that no filings exist.
Snapshot & identity
- Snapshot date
- 2026-10-18
- Ticker
- COSMO.MI
- ISIN
- IT0005487670
- Sector
- Healthcare
- Industry
- Pharmaceutical Retailers
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