Stock Trading Canary

Snapshot date: 2026-10-18 · Built: 2026-10-19T15:24:33+00:00 · Publication status: PASS

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COMPANY RESEARCH

Trifast plc

TRI.L · United Kingdom · Industrials · Tools & Accessories

INSIDER SIGNAL

Insider activity score:71.0 / 100

3 insiders · 3 purchase events · €3.21m net purchases

Europe #52 · United Kingdom #15

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+24.3 / 25

Purchase value relative to company size and liquidity

Role+13.0 / 20

The seniority and relevance of participating insiders

Recency+8.7 / 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 2026-10-15

The role contribution uses the inverted role input of the current European model.

BUYING PROFILE

3 events · 3 insiders · 180d

Cluster 67%Repeat 0%Independent 0%Large 33%

Percentages are mutually exclusive and sum to 100%.

Buying concentration

100%

Largest buyer:Harwood Capital Management LLP, PCA to Nicholas Mills · 2.70m GBP
Gross qualified purchase transaction-line value:2.71m GBP

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)

FilerPrice per unitTrade date
I ain Percival0.865 GBPOct 15, 2026
Clive Watson0.8746 GBPOct 15, 2026
Harwood Capital Management LLP, PCA to Nicholas Mills0.68 GBPJul 6, 2026
Model details

Cluster breakdown (does not change the score)

15-day buyer breadth (count)
2 distinct reported filers
Peak time window
2026-10-15 to 2026-10-15
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

Insider vs stock price

2 purchase day(s), 3 purchase line(s) in the 180-day window.

Daily close (GBp)Day with an insider purchaseTwo or more insiders the same day
60708090May 2026JunJulAugSepOct2026-07-06 · 1 purchase line(s) · 1 insider(s) · close since that day +8.9%2026-10-15 · 2 purchase line(s) · 2 insider(s) · close since that day -2.3%86.00last close16 Oct

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.

Insider timeline

2 insiders bought on the same day, 15 Oct: 1 Board member, 1 Role not classified. The share closed at 88.00 that day and at 86.00 most recently (−2.3%). That week 138 companies across Europe disclosed insider purchases, an ordinary week (25 of the last 26).

Several insiders within 15 days: 2026-10-15 – 2026-10-15Clive WatsonClive WatsonIndependent Non-Executive DirectorBoard memberI ain PercivalI ain PercivalC hief Executive OfficerRole not classifiedHarwood Capital Management LLP, PCA to Nicholas MillsHarwood Capital Management L…PCA to PDMRAssociated person2026-07-06 · Harwood Capital Management LLP, PCA to Nicholas Mills · purchase · 2,699,600 GBP2026-10-15 · Clive Watson · purchase · 1,519 GBP2026-10-15 · I ain Percival · purchase · 6,716 GBP2026-04-20 to 2026-04-26: 136 companies2026-04-27 to 2026-05-03: 203 companies2026-05-04 to 2026-05-10: 241 companies2026-05-11 to 2026-05-17: 211 companies2026-05-18 to 2026-05-24: 244 companies2026-05-25 to 2026-05-31: 237 companies2026-06-01 to 2026-06-07: 243 companies2026-06-08 to 2026-06-14: 237 companies2026-06-15 to 2026-06-21: 211 companies2026-06-22 to 2026-06-28: 185 companies2026-06-29 to 2026-07-05: 192 companies2026-07-06 to 2026-07-12: 160 companies2026-07-13 to 2026-07-19: 181 companies2026-07-20 to 2026-07-26: 167 companies2026-07-27 to 2026-08-02: 160 companies2026-08-03 to 2026-08-09: 152 companies2026-08-10 to 2026-08-16: 164 companies2026-08-17 to 2026-08-23: 194 companies2026-08-24 to 2026-08-30: 182 companies2026-08-31 to 2026-09-06: 188 companies2026-09-07 to 2026-09-13: 178 companies2026-09-14 to 2026-09-20: 173 companies2026-09-21 to 2026-09-27: 179 companies2026-09-28 to 2026-10-04: 183 companies2026-10-05 to 2026-10-11: 166 companies2026-10-12 to 2026-10-18: 138 companiesCompanies disclosing purchases, per weekMayJunJulAugSepOct

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 15 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, +21.8% over these six months

The closing price of each day, from 70.60 on 2026-04-21 to 86.00 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 +21.8%, the typical one +2.7%, 19.1 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: 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

Nov
Dec
1Jan
1Feb
2Mar
2Apr
May
Jun
1Jul
Aug
Sep
2Oct

Darker bars are inside the 180-day window above.

Who traded

InsiderRolePurchasesSalesBoughtFirst purchaseShare price sinceEarlier purchases
Clive WatsonBoard member1—1.5k GBP2026-10-15−2.3%15 completed, median −9.0% against peers after 60 sessions
I ain PercivalRole not classified1—6.7k GBP2026-10-15−2.3%fewer than 5 completed
Harwood Capital Management LLP, PCA to Nicholas MillsAssociated person1—2.7M GBP2026-07-06+8.9%fewer than 5 completed
Why this score? · Model details

Priority = 100 × Σ(fixed weight × 0–1 rule-based input)

FactorWeightThis company inputPoint contribution
15-day buyer breadth (count)35%0.60021.0
Qualified-buy size25%0.97124.3
Role informativeness (inverted)20%0.3507.0
Recency10%0.8718.7
Buy/sell conviction10%1.00010.0

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: new on the bull side: bought in the last two weeks; no longer on the bull side: large purchases; new on the bear side: thinly traded; no longer on the bear side: latest purchase is old. 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 (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 themselvesBullbought in the last two weeks Bearplan, dividend or pay wording, value concentrated in one buyer, usual level for this company, buyer's past purchases trailed the benchmark4 checked, under the threshold · 1 missing
  • Share price and tradingBearthinly traded2 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

  • The latest purchase is 2 days old (2026-10-15). The buying is current, not left over from an earlier quarter.

Bear case · discount it

  • 2 of 3 purchase lines are worded as dividend reinvestment or scrip, for example “Purchase of shares through the Dividend Re-Investment Plan”. Purchases of that kind follow a schedule or an entitlement, not a decision made now.
  • Harwood Capital Management LLP, PCA to Nicholas Mills accounts for 100% of the value bought. The other 2 buyers add names more than money.Record: after 3,396 earlier disclosures like this, the median 60-session excess return was −3.4%, within 1 percentage point of all comparable disclosures (−3.5%).
  • Buying at this level is normal here: 5 insiders bought in the previous 180 days and 3 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 15 earlier purchases by Clive Watson trailed FTSE 100 by a median 9.0% over the following 60 trading days.
  • Share price and tradingAbout €89k of the stock changes hands on an average day, below this site's €500k screening line. A position is hard to enter or leave at the quoted price.

Evidence still missing

  • The company's market value is not captured, so the purchases cannot be stated as a share of the business.
  • 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, 1 close to it
  • EitherInsider purchases in the last 20 sessions equal 0.55% of the stock's traded value. Bull from 5.0%, bear below 0.50%. close to the threshold
  • BullAt most 1 insider bought within any 15 days. Counted for the bull side from 3.
  • Bear0 of 3 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.
  • BearThe share price changed +23% over six months (three months +6.8%, one month +8.3%). Counted for the bear side from a fall of 20%.
  • BearOver three months the share price changed +6.8% and the median of 462 Industrials companies changed −0.32%: ahead by 7 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.

Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.

Signal history

71.0 / 100

Latest recorded score

↑ +8.2 ptsversus the comparable snapshot on 2026-09-14 (34 calendar days apart)
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.

  • Purchase size-0.5 pts
  • Recency+8.6 pts

Signal score history

Fixed 0–100 scale; dates are spaced by calendar time.

02550751002026-08-26 · 56.62026-08-27 · 56.62026-08-28 · 63.02026-08-31 · 62.92026-09-01 · 62.92026-09-02 · 62.92026-09-03 · 62.92026-09-04 · 62.92026-09-07 · 62.82026-09-08 · 62.82026-09-09 · 62.82026-09-10 · 62.82026-09-11 · 62.82026-09-14 · 62.82026-09-23 · 62.82026-09-24 · 62.32026-09-25 · 62.32026-09-28 · 62.32026-09-29 · 62.32026-09-30 · 62.32026-10-01 · 62.32026-10-02 · 62.32026-10-03 · 62.32026-10-04 · 62.32026-10-05 · 62.32026-10-06 · 62.32026-10-07 · 62.32026-10-08 · 62.32026-10-09 · 62.32026-10-12 · 62.32026-10-13 · 62.32026-10-14 · 62.32026-10-15 · 72.32026-10-16 · 71.62026-10-18 · 71.0Aug 26Sep 07Sep 28Oct 07Oct 18

Recent recorded points

  1. 56.6
  2. 62.8
  3. 62.3
  4. 62.3
  5. 71.0
View all recorded scores
Snapshot dateSignal score
2026-08-2656.6
2026-08-2756.6
2026-08-2863.0
2026-08-3162.9
2026-09-0162.9
2026-09-0262.9
2026-09-0362.9
2026-09-0462.9
2026-09-0762.8
2026-09-0862.8
2026-09-0962.8
2026-09-1062.8
2026-09-1162.8
2026-09-1462.8
2026-09-2362.8
2026-09-2462.3
2026-09-2562.3
2026-09-2862.3
2026-09-2962.3
2026-09-3062.3
2026-10-0162.3
2026-10-0262.3
2026-10-0362.3
2026-10-0462.3
2026-10-0562.3
2026-10-0662.3
2026-10-0762.3
2026-10-0862.3
2026-10-0962.3
2026-10-1262.3
2026-10-1362.3
2026-10-1462.3
2026-10-1572.3
2026-10-1671.6
2026-10-1871.0

Sector context

Industrials

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.

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.

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.

Clive WatsonIndependent Non-Executive Director | Non-Executive Director | Non-executive Director and PDMR16 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D16Developing evidence100.0% (16/16)18.8% (3/16)-3.3%-3.2%-11.1%
20D16Developing evidence100.0% (16/16)0.0% (0/16)-3.2%-5.0%-12.9%
60D15Developing evidence100.0% (15/15)26.7% (4/15)-9.0%-6.2%-25.9%
120D14Developing evidence100.0% (14/14)35.7% (5/14)-15.3%-9.2%-35.2%
First purchase in 12M
1/16
Large purchase ≥ €100k
0/17
Cluster buying · 15D
8/17
Buying the dip · ≥20% below prior 52W high
6/17
Routine / opportunistic
Not classifiable
I ain PercivalC hief Executive Officer3 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D3Small sample100.0% (3/3)0.0% (0/3)-4.6%-5.0%-6.9%
20D3Small sample100.0% (3/3)0.0% (0/3)-6.0%-6.9%-11.3%
60D3Small sample100.0% (3/3)33.3% (1/3)-12.0%-5.6%-20.3%
120D3Small sample100.0% (3/3)33.3% (1/3)-22.3%-10.1%-31.1%
First purchase in 12M
1/4
Large purchase ≥ €100k
0/4
Cluster buying · 15D
4/4
Buying the dip · ≥20% below prior 52W high
0/4
Routine / opportunistic
Not classifiable
Harwood Capital Management LLP, PCA to Nicholas MillsPCA to PDMR3 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D3Small sample100.0% (3/3)100.0% (3/3)+5.5%+5.5%+3.5%
20D3Small sample100.0% (3/3)66.7% (2/3)+6.3%+4.6%-0.2%
60D3Small sample100.0% (3/3)66.7% (2/3)+6.4%+0.4%-11.5%
120D2Small sample100.0% (2/2)50.0% (1/2)+12.3%+12.3%-3.8%
First purchase in 12M
1/3
Large purchase ≥ €100k
2/3
Cluster buying · 15D
0/3
Buying the dip · ≥20% below prior 52W high
1/3
Routine / opportunistic
Not classifiable

Market context

PRICE PERFORMANCE

1M
+8.3%
3M
+6.8%
6M
+22.5%
12M
+3.9%

VOLATILITY & LIQUIDITY

Volatility
44.8%
Beta
—
Avg daily volume
£87,791.7

VALUATION

Market cap
£115.7M
P/E
—

FUNDAMENTALS

Profit margin
-0.5%
ROE
-0.8%
Industry
—

Prices to 18 Oct 2026: price cache (Eulerpool). From the company's annual report ↗, fiscal year ended 31 Mar 2026: Market cap, Profit margin, ROE. Market cap is the share count implied by the report's profit and earnings per share (the year's average), multiplied by the latest close; shares issued or bought back since are not counted. It does not affect the insider score or rank.

Disclosed net short positions

The FCA register, read 18 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' buying price vs the latest close

Insiders paid 0.6612 GBP a share on average (11 purchase lines, 5 buyers, 2025-10-23 – 2026-10-15). The close on 2026-10-16 was 30.1% above that price.

The latest purchase (2026-10-15) was at 0.8668 GBP; the close was 0.8% below that price.

Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored.

Buying size vs market trading

0.55% · of estimated traded value in the same period

2026-09-21 – 2026-10-16 · 20 recorded trading sessions

Disclosed qualifying purchases
8,235 GBP
Estimated market traded value
1,503,990 GBP

Market-data coverage: 508 verified sessions · Latest session: 2026-10-16 · Ratio status: Available

Recent and largest purchase events / preceding 60-session 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

Unfold all 8 filings

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)

Oct 15, 2026Purchase of shares through the Dividend Re-Investment Plan
I ain Percival · C hief Executive Officer
Ordinary shares of 5 pence each GB0008883927 · 7764 shares × 0.865 GBP · —
Open filing
Oct 15, 2026Purchase of shares through the Dividend Re-Investment Plan
Clive Watson · Independent Non-Executive Director
Ordinary shares of 5 pence each GB0008883927 · 1737 shares × 0.8746 GBP · —
Open filing
Jul 6, 2026Share purchase
Harwood Capital Management LLP, PCA to Nicholas Mills · PCA to PDMR
Ordinary shares of 5 pence each GB0008883927 · 3970000 shares × 0.68 GBP · —
Open filing
Unfold all 8 remaining filing row(s)
Transaction datePublishedFilerRoleTransactionInstrumentPrice (local currency)Quote currencyVolumeSource
2026-04-172026-04-17I ain PercivalC hief Executive OfficerPurchase of shares through the Dividend Re-Investment PlanOrdinary shares of 5 pence each GB00088839270.676 GBPGBP4621Open filing
2026-04-172026-04-17Clive WatsonIndependent Non-Executive DirectorPurchase of shares through the Dividend Re-Investment PlanOrdinary shares of 5 pence each GB00088839270.714 GBPGBP973Open filing
2026-03-312026-03-31Laura WhyteIndependent Non-Executive DirectorPurchase of shares by Iain PercivalOrdinary shares of 5 pence each GB00088839270.6305 GBPGBP11000Open filing
2026-03-272026-03-27Harwood Capital Management LLP, PCA to Nicholas MillsPCA to PDMRShare purchaseOrdinary shares of 5 pence each GB00088839270.5975 GBPGBP1500000Open filing
2026-02-172026-02-17Iain PercivalChief Executive OfficerPurchase of shares by Iain PercivalOrdinary shares of 5 pence each GB00088839270.8 GBPGBP123757Open filing
2026-01-092026-01-09Harwood Capital Management LLP, PCA to Nicholas MillsPCA to PDMRShare purchaseOrdinary shares of 5 pence each GB00088839270.7 GBPGBP20000Open filing
2025-10-232025-10-23I ain PercivalC hief Executive OfficerPurchase of shares through the Dividend Re-Investment PlanOrdinary shares of 5 pence each GB00088839270.822 GBPGBP5619Open filing
2025-10-232025-10-23Clive WatsonIndependent Non-Executive DirectorPurchase of shares through the Dividend Re-Investment PlanOrdinary shares of 5 pence each GB00088839270.8232 GBPGBP1665Open 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

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
TRI.L
ISIN
GB0008883927
Sector
Industrials
Industry
Tools & Accessories

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