| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 1Small sample | 100.0% (1/1) | 0.0% (0/1) | -1.0% | -1.0% | -1.0% |
| 20D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +1.0% | +1.0% | +1.0% |
| 60D | 1Small sample | 100.0% (1/1) | 0.0% (0/1) | -1.8% | -1.8% | -1.8% |
| 120D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +13.1% | +13.1% | +13.1% |
COMPANY RESEARCH
First Property Group plc
FPO.L · United Kingdom · Real Estate · Real Estate Services
INSIDER SIGNAL
Buyers not named in the filings · 5 purchase line(s) · €230k net purchases
Europe #496 · United Kingdom #128
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?
- ⚠ Buyer breadth is moderate · fewer than 4 distinct filers
- ⚠ Purchase activity is becoming less recent
- ✓ Strong insider role · ? involved
The role contribution uses the inverted role input of the current European model.
Buying concentration
The filings do not name the buyer, so who bought how much cannot be worked out.
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 |
|---|---|---|
| — | 0.15 GBP | Oct 6, 2026 |
| — | 0.15 GBP | Sep 25, 2026 |
| — | 0.14 GBP | Sep 22, 2026 |
Model details
Cluster breakdown (does not change the score)
Not measured: the scoring window holds no purchase filing with both a buyer name and a trade date.
What the filings show
- 🟢 Recent eligible purchase
— · 45k GBP · Price 0.15 GBP · Oct 6, 2026 - 🟢 Eligible purchase
— · 98k GBP · Price 0.15 GBP · Sep 25, 2026 - 🟢 Large eligible purchase
— · 35k GBP · Price 0.14 GBP · Sep 22, 2026 - 🟡 1 remaining qualified transaction line(s) across 1 disclosure(s)
Insider vs stock price
4 purchase day(s), 5 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 |
|---|---|---|---|---|
| 2026-09-23 | 1 | 1,102 +10.2% | 1,000 +0.0% | +102 +10.2 pts |
| 2026-09-25 | 1 | 1,102 +10.2% | 1,000 +0.0% | +102 +10.2 pts |
| 2026-09-28 | 1 | 1,102 +10.2% | 999 −0.1% | +102 +10.2 pts |
| 2026-10-07 | 1 | 1,048 +4.8% | 1,008 +0.8% | +40 +4.0 pts |
4 of 4 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 (248 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
One insider bought, 4 times, the latest (6 Oct). The share closed at 15.25 that day and at 16.25 most recently (+6.6%).
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.
Blue line: this share's price, +8.3% over these six months
The closing price of each day, from 15.00 on 2026-04-27 to 16.25 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, +4.3%
Taken from the 610 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 +8.3%, the typical one +4.3%, 4.0 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.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Unknown insider | Role not classified | 4 | — | 192.5k GBP | 2026-09-22 | +10.2% | 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% | 0.488; source unavailable, filled with a cohort-neutral value | 17.1 |
| Qualified-buy size | 25% | 0.800 | 20.0 |
| Role informativeness (inverted) | 20% | 0.147; source unavailable, filled with a cohort-neutral value | 2.9 |
| Recency | 10% | 0.308 | 3.1 |
| 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); share price and trading, short sellers, company results, company actions were checked and none crosses a bear threshold.
- The insider purchases themselvesBulllarge purchases2 checked, under the threshold · 3 missing
- Share price and trading2 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
- Net purchases of €230k equal 0.81% of the company's market value (€28.3M): large for the size of the business.
Bear case · discount it
Nothing held here argues against the buying. That is not the same as nothing existing: see the missing evidence below.
Evidence still missing
- This register does not name the filer, so the 5 purchase lines may come from one person or from several. Breadth of buying cannot be judged.
- Only one reading of profitability is held (profit margin 31%). 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 5 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: 7, 1 close to it
- EitherThe latest purchase is 17 days old. Bull up to 14 days, bear from 90. close to the threshold
- BearNo insider sale is recorded in the same 180 days.
- BearThe share price changed +8.3% over six months (three months +41%, one month +20%) and stands 17% below its 52-week high. Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed +41% and the median of 184 Real Estate companies changed −6.2%: ahead by 48 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 31%. Counted for the bear side when negative.
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
- 2
- First snapshot
- 2026-10-22
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
- 53.3
- 53.1
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-22 | 53.3 |
| 2026-10-23 | 53.1 |
Sector context
- Buying breadth
- 9.4% (33 / 352 issuers)
- Sector rank
- #6 / 12
- 7D breadth change
- -0.2 pp · vs 2026-10-16 (7d)
- 30D breadth change
- -5.5 pp · vs 2026-09-23 (30d)
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 | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +7.2% | +7.2% | +7.2% |
| 20D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +1.1% | +1.1% | +1.1% |
| 60D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +1.3% | +1.3% | +1.3% |
| 120D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +11.4% | +11.4% | +11.4% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 31.6%
- Beta
- 0.20
- Avg daily volume
- £13,444.6
VALUATION
- Market cap
- £23.7M
- P/E
- 8.0×
FUNDAMENTALS
- Profit margin
- 30.8%
- ROE
- 6.0%
- Industry
- Real Estate Services
Prices to 16 Oct 2026: OpenBB/yfinance; volume from price cache (yfinance). From OpenBB/yfinance, captured 22 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. It does not affect the insider score or rank.
Disclosed net short positions
The FCA register, read 23 Oct 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: €229.9k net bought · buyers: -1 · last 2026-10-06
Short sellers
Nothing at or above the publication threshold is on the FCA register (read 2026-10-23).
Source: FCA, read 2026-10-23. 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 →
Insiders' buying price vs the latest close
Insiders paid 0.1481 GBP a share on average (5 purchase lines, 1 buyer, 2026-09-22 – 2026-10-06). The close on 2026-10-16 was 9.7% above that price.
The latest purchase (2026-10-06) was at 0.1500 GBP; the close was 8.3% 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
Market history is too old for this snapshot; ratios are withheld.
Market-data coverage: 507 verified sessions · Latest session: 2026-10-16 · 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
- Insider filing announcement · published 2026-10-07 · trade date 2026-10-06
- Insider filing announcement · published 2026-09-28 · trade date 2026-09-25
- Insider filing announcement · published 2026-09-25 · trade date 2026-09-25
Unfold all 5 filings
- Insider filing announcement · published 2026-10-07 · trade date 2026-10-06
- Insider filing announcement · published 2026-09-28 · trade date 2026-09-25
- Insider filing announcement · published 2026-09-25 · trade date 2026-09-25
- Insider filing announcement · published 2026-09-25 · trade date 2026-09-24
- Insider filing announcement · published 2026-09-23 · trade date 2026-09-22
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
5 qualifying purchase disclosure(s) · 5 transaction line(s)
Unfold all 2 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-09-24 | 2026-09-25 | — | — | Purchase of Ordinary Shares | Ordinary Shares of 1 penny GB0004109889 | 0.15 GBP | GBP | 100000 | Open filing |
| 2026-09-22 | 2026-09-23 | — | — | Purchase of Ordinary Shares | Ordinary Shares of 1 penny GB0004109889 | 0.14 GBP | GBP | 250000 | Open filing |
Showing 5 of 5 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.
Snapshot & identity
- Snapshot date
- 2026-10-23
- Ticker
- FPO.L
- ISIN
- GB0004109889
- Sector
- Real Estate
- Industry
- Real Estate Services
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