| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 4Small sample | 100.0% (4/4) | 50.0% (2/4) | +0.1% | +0.7% | -4.3% |
| 20D | 4Small sample | 100.0% (4/4) | 75.0% (3/4) | +12.6% | +8.6% | -10.0% |
| 60D | 4Small sample | 100.0% (4/4) | 50.0% (2/4) | +12.8% | +11.9% | -10.5% |
| 120D | 3Small sample | 100.0% (3/3) | 66.7% (2/3) | +23.4% | +14.8% | -5.4% |
COMPANY RESEARCH
Canal+ SA
CAN.L · United Kingdom · Communication Services · Entertainment
INSIDER SIGNAL
7 insiders · 8 purchase events · €107k net purchases
Europe #220 · United Kingdom #62
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
How many distinct insiders bought in the cluster
Purchase value relative to company size and liquidity
The seniority and relevance of participating insiders
How recently the purchases occurred
How clearly buying stands out from other activity
What is holding the score back?
- ⚠ Purchase activity is becoming less recent
- ✓ Broad buyer cluster · 4+ distinct filers
- ✓ Strong insider role · ceo/chair involved
The role contribution uses the inverted role input of the current European model.
Buying concentration
Not worked out: the scoring window holds no qualifying purchase filing, or the purchases are reported in more than one currency.
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 |
|---|---|---|
| HAVAS S.A.S | — | Oct 6, 2026 |
| HAVAS S.A.S | — | Oct 5, 2026 |
| Philippe Bénacin | 3 EUR | Jul 31, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 3 distinct reported filers
- Peak time window
- 2026-10-02 to 2026-10-06
- Current breadth input
- 0.850 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Recent eligible purchase
HAVAS S.A.S · 0 GBP · Price — · Oct 6, 2026 - 🟢 Eligible purchase
HAVAS S.A.S · 0 GBP · Price — · Oct 5, 2026 - 🟢 Large eligible purchase
Philippe Bénacin · 75k EUR · Price 3 EUR · Jul 31, 2026 - 🟡 5 remaining qualified transaction line(s) across 5 disclosure(s)
- 🔴 3 other transaction line(s) are not counted as discretionary-buying evidence; 3 have zero price
Insider vs stock price
6 purchase day(s), 8 purchase line(s) in the 180-day window.
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 |
|---|---|---|---|---|
| 2026-07-13 | 2 | 1,027 +2.7% | 1,017 +1.7% | +10 +1.0 pts |
| 2026-08-04 | 1 | 926 −7.4% | 986 −1.4% | −60 −6.0 pts |
| 2026-08-14 | 1 | 912 −8.8% | 996 −0.4% | −84 −8.4 pts |
| 2026-10-07 | 2 | 1,129 +12.9% | 1,008 +0.8% | +121 +12.1 pts |
| 2026-10-08 | 1 | 1,082 +8.2% | 1,006 +0.6% | +75 +7.5 pts |
| 2026-10-09 | 1 | 1,069 +6.9% | 1,000 +0.0% | +69 +6.9 pts |
4 of 6 disclosure day(s) ended ahead of the median peer stock.
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 (84 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
3 insiders bought within 5 days, 2 Oct to 6 Oct: 2 Associated person, 1 Supervisory board. The share closed at 211.20 on the first of those days and at 246.20 most recently (+16.6%). That week 183 companies across Europe disclosed insider purchases, an ordinary week (13 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. A filing that states no amount gets the smallest dot.
▮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 2 Oct – 6 Oct, with 3 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, +3.8% over these six months
The closing price of each day, from 237.20 on 2026-04-21 to 246.20 on 2026-10-16. 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, +2.7%
Taken from the 491 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 +3.8%, the typical one +2.7%, 1.1 points ahead. 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: 183 companies, number 13 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 |
|---|---|---|---|---|---|---|---|
| Amandine Ferré | Management board | 1 | — | 21.6k EUR | 2026-07-09 | −0.2% | fewer than 5 completed |
| Anna Marsh | Management board | 1 | — | 20.9k EUR | 2026-07-09 | −0.2% | fewer than 5 completed |
| Philippe Bénacin | Supervisory board | 1 | — | 75.0k EUR | 2026-07-31 | −6.4% | fewer than 5 completed |
| Xavier Mayer | Supervisory board | 1 | — | 2.6k GBP | 2026-10-02 | +16.6% | fewer than 5 completed |
| BuMa Investment Holding, a company incorporated in South Africa | Associated person | 1 | — | 13.3k GBP | 2026-08-13 | −7.9% | fewer than 5 completed |
| HAVAS SAS | Associated person | 1 | — | — | 2026-10-02 | +16.6% | fewer than 5 completed |
| HAVAS S.A.S | Associated person | 2 | — | — | 2026-10-05 | +12.3% | 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% | 0.850 | 29.8 |
| Qualified-buy size | 25% | 0.751 | 18.8 |
| Role informativeness (inverted) | 20% | 0.000 | 0.0 |
| Recency | 10% | 0.467 | 4.7 |
| 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.
Since 2026-10-13, 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 (several insiders together, senior executive buying, bought in the last two weeks); share price and trading, short sellers, company actions were checked and none crosses a bear threshold. No data is held for: company results.
- The insider purchases themselvesBullseveral insiders together, senior executive buying, bought in the last two weeks Bearplan, dividend or pay wording4 checked, under the threshold · 2 missing
- Share price and trading2 checked, under the threshold
- Short sellers1 checked, under the threshold
- Company results2 missing
- Company actions1 checked, under the threshold
Bull case · the buying is informative
- 3 insiders bought within 15 days (2026-10-02 to 2026-10-06). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.Record: after 5,401 earlier disclosures like this, the median 60-session excess return was −3.3%, within 1 percentage point of all comparable disclosures (−3.3%).
- The buyers include the CEO or chair, who sees more of the business than most filers. This site's score gives little or no credit for that: in its backtests purchases by senior executives did no better than other insiders' purchases.Record: after 8,797 earlier disclosures like this, the median 60-session excess return was −3.1%, within 1 percentage point of all comparable disclosures (−3.2%).
- The latest purchase is 11 days old (2026-10-06). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- 2 of 8 purchase lines are worded as an employee share plan, for example “Subscription by the declarant of a total amount of €20,903.00, representing 2,084.4012 fund units of the FCPE…”. Purchases of that kind follow a schedule or an entitlement, not a decision made now.
Evidence still missing
- No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
- The company's market value is not captured, so the purchases cannot be stated as a share of the business or of its trading volume.
- 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 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
- Either7 insiders bought in the last 180 days and 4 in the 180 days before. Bull when the number at least doubles and rises by two; bear when at least two bought before and no more buy now.
- Bear0 of 7 buyers filed as a person closely associated with a manager. Counted for the bear side from half.
- EitherNet purchases of €107k in 180 days. Bull from €1.0M, bear when all purchases total under €25k.
- BearNo insider sale is recorded in the same 180 days.
- BearThe share price changed +4.9% over six months (three months +5.8%, one month −3.7%) and stands 25% below its 52-week high. Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed +5.8% and the median of 122 Communication Services companies changed −1.7%: ahead by 8 points. Counted for the bear side from 20 points behind.
- BearPublished net short positions total 0.59% of the share capital. Counted for the bear side from 2%. Unchanged since 2026-10-02.
- BullThe company announced no transaction in its own shares in the last 30 days.
Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.
Signal history
Latest recorded score
- Recorded snapshots
- 35
- 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.
- Cluster+8.8 pts
- Purchase size-0.7 pts
- Role+7.0 pts
- Recency+3.6 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 77.4
- 74.6
- 57.1
- 56.8
- 63.2
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 77.4 |
| 2026-08-27 | 77.4 |
| 2026-08-28 | 76.4 |
| 2026-08-31 | 75.7 |
| 2026-09-01 | 75.5 |
| 2026-09-02 | 75.3 |
| 2026-09-03 | 75.2 |
| 2026-09-04 | 75.0 |
| 2026-09-07 | 74.6 |
| 2026-09-08 | 59.3 |
| 2026-09-09 | 59.1 |
| 2026-09-10 | 59.0 |
| 2026-09-11 | 58.9 |
| 2026-09-14 | 58.5 |
| 2026-09-23 | 57.3 |
| 2026-09-24 | 57.3 |
| 2026-09-25 | 57.2 |
| 2026-09-28 | 57.1 |
| 2026-09-29 | 57.1 |
| 2026-09-30 | 57.1 |
| 2026-10-01 | 57.0 |
| 2026-10-02 | 57.0 |
| 2026-10-03 | 57.0 |
| 2026-10-04 | 57.0 |
| 2026-10-05 | 57.0 |
| 2026-10-06 | 57.0 |
| 2026-10-07 | 56.8 |
| 2026-10-08 | 66.6 |
| 2026-10-09 | 66.6 |
| 2026-10-12 | 65.1 |
| 2026-10-13 | 64.7 |
| 2026-10-14 | 64.3 |
| 2026-10-15 | 63.9 |
| 2026-10-16 | 63.5 |
| 2026-10-18 | 63.2 |
Sector context
- Buying breadth
- 10.0% (25 / 249 issuers)
- Sector rank
- #3 / 12
- 7D breadth change
- -0.8 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 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 | 3Small sample | 100.0% (3/3) | 66.7% (2/3) | +5.6% | +0.0% | -12.2% |
| 20D | 3Small sample | 100.0% (3/3) | 0.0% (0/3) | -4.4% | -4.5% | -6.7% |
| 60D | 3Small sample | 100.0% (3/3) | 33.3% (1/3) | -8.8% | +1.0% | -10.1% |
| 120D | 3Small sample | 100.0% (3/3) | 100.0% (3/3) | +8.0% | +10.2% | +7.4% |
| 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) | -7.8% | -7.8% | -12.2% |
| 20D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | +2.8% | +2.8% | -2.4% |
| 60D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | +7.9% | +7.9% | -6.0% |
| 120D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +15.2% | +15.2% | +15.2% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 43.0%
- Beta
- —
- Avg daily volume
- £1.3M
VALUATION
- Market cap
- —
- P/E
- —
FUNDAMENTALS
- Profit margin
- -2.3%
- ROE
- -3.1%
- Industry
- —
Prices to 18 Oct 2026: OpenBB/yfinance; volume from price cache (yfinance). From the company's annual report ↗, fiscal year ended 31 Dec 2024: Profit margin, ROE. It does not affect the insider score or rank.
Disclosed net short positions
- Aggregate net short
- 0.59%
- Latest position date
- 02 Oct 2026
The FCA publishes one aggregate figure per issuer, the sum of all positions notified to it, and does not name the holders. Source: FCA · 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 2.33 GBP a share on average (7 purchase lines, 5 buyers, 2026-03-11 – 2026-10-02). The close on 2026-10-16 was 5.7% above that price.
The latest purchase (2026-10-02) was at 2.10 GBP; the close was 17.1% above that price.
Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored. 4 more purchase lines could not be compared with the share price and are left out.
Buying size vs market trading
Some purchases lack a valid value; aggregate ratio withheld.
Market-data coverage: 464 verified sessions · Latest session: 2026-10-16 · Ratio status: Unavailable
Recent and largest purchase events / preceding 60-session ADTV
- Oct 06 · HAVAS S.A.S · Person Closely Associated with Yannick Bolloré, Chairman of the Supervisory Board of Canal+ SA— · —Some purchases lack a valid value; aggregate ratio withheld.
- Oct 05 · HAVAS S.A.S · Person Closely Associated with Yannick Bolloré, Chairman of the Supervisory Board of Canal+ SA— · —Some purchases lack a valid value; aggregate ratio withheld.
- Oct 02 · HAVAS SAS · Person Closely Associated with Yannick Bolloré, Chairman of the Supervisory Board of Canal+ SA— · —Some purchases lack a valid value; aggregate ratio withheld.
- Oct 02 · Xavier Mayer · Member of the Supervisory Board of Canal+ SA2,628 GBP · 0.19%1,361,405 GBP ADTV
- Aug 13 · BuMa Investment Holding, a company incorporated in South Africa · Person Closely Associated with Elias Masilela, a member of the Supervisory Board of Canal+ SA13,289 GBP · 0.75%1,764,359 GBP ADTV
- Jul 31 · Philippe Bénacin · Member of the Supervisory Board of Canal+ SA75,000 EUR · —Purchase and market currencies differ; ratio withheld.
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
- Insider filing announcement · published 2026-10-09 · trade date 2026-10-06
- Insider filing announcement · published 2026-10-08 · trade date 2026-10-05
- Insider filing announcement · published 2026-10-07 · trade date 2026-10-02
Unfold all 13 filings
- Insider filing announcement · published 2026-10-09 · trade date 2026-10-06
- Insider filing announcement · published 2026-10-08 · trade date 2026-10-05
- Insider filing announcement · published 2026-10-07 · trade date 2026-10-02
- Insider filing announcement · published 2026-10-07 · trade date 2026-10-02
- Insider filing announcement · published 2026-08-14 · trade date 2026-08-13
- Insider filing announcement · published 2026-08-04 · trade date 2026-07-31
- Insider filing announcement · published 2026-08-03 · trade date 2026-07-31
- Insider filing announcement · published 2026-07-13 · trade date 2026-07-09
- Insider filing announcement · published 2026-03-20 · trade date 2026-03-18
- Insider filing announcement · published 2026-03-17 · trade date 2026-03-16
- Insider filing announcement · published 2026-03-17 · trade date 2026-03-12
- Insider filing announcement · published 2026-03-12 · trade date 2026-03-11
- Insider filing announcement · published 2026-03-12 · trade date 2026-03-11
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
13 qualifying purchase disclosure(s) · 13 transaction line(s)
Unfold all 10 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-02 | 2026-10-07 | Xavier Mayer | Member of the Supervisory Board of Canal+ SA | Acquisition | Ordinary Shares of €0.25 each | 2.102 GBP | GBP | 1250 | Open filing |
| 2026-08-13 | 2026-08-14 | BuMa Investment Holding, a company incorporated in South Africa | Person Closely Associated with Elias Masilela, a member of the Supervisory Board of Canal+ SA | Acquisition | Ordinary Shares of €0.25 each | 2.657783 GBP | GBP | 5000 | Open filing |
| 2026-07-31 | 2026-08-04 | Philippe Bénacin | Member of the Supervisory Board of Canal+ SA | Acquisition | Ordinary Shares of €0.25 each | 3.00 EUR | EUR | 25000 | Open filing |
| 2026-07-09 | 2026-07-13 | Anna Marsh | Member of the Management Board of Canal+ SA | Subscription by the declarant of a total amount of €20,903.00, representing 2,084.4012 fund units of the FCPE of CANAL+, based on a valuation of the Canal+ shares of €2.28 each. | Fund Units of the Fond Commun de Placement d'Entreprise ("FCPE") of Canal+ | 2.28 EUR | EUR | 9168 | Open filing |
| 2026-07-09 | 2026-07-13 | Amandine Ferré | Member of the Management Board of Canal+ SA | Subscription by the declarant of a total amount of €21,608.61, representing 2,155.217 fund units of the FCPE of CANAL+, based on a valuation of the Canal+ shares of €2.28 each. | Fund Units of the Fond Commun de Placement d'Entreprise ("FCPE") of Canal+ | 2.28 EUR | EUR | 9477.46 | Open filing |
| 2026-03-18 | 2026-03-20 | Anna Marsh | Member of the Management Board of Canal+ SA | Acquisition | Ordinary Shares of €0.25 each | 2.02337 GBP | GBP | 25500 | Open filing |
| 2026-03-16 | 2026-03-17 | Xavier Mayer | Member of the Supervisory Board of Canal+ SA | Acquisition | Ordinary Shares of €0.25 each | 2.129 GBP | GBP | 3750 | Open filing |
| 2026-03-12 | 2026-03-17 | Anna Marsh | Member of the Management Board of Canal+ SA | Acquisition | Ordinary Shares of €0.25 each | 2.2730 GBP | GBP | 4500 | Open filing |
| 2026-03-11 | 2026-03-12 | Maxime Saada | Member of the Management Board of Canal+ SA | Acquisition | Ordinary Shares of €0.25 each | 2.4492 GBP | GBP | 35700 | Open filing |
| 2026-03-11 | 2026-03-12 | Amandine Ferré | Member of the Management Board of Canal+ SA | Acquisition | Ordinary Shares of €0.25 each | 2.41802 GBP | GBP | 35000 | Open filing |
Showing 13 of 13 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 3 other transaction(s)
Showing 3 of 3 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
- CAN.L
- ISIN
- FR001400T0D6
- Sector
- Communication Services
- Industry
- Entertainment
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