| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 8Developing evidence | 100.0% (8/8) | 62.5% (5/8) | +0.4% | +0.5% | -2.2% |
| 20D | 8Developing evidence | 100.0% (8/8) | 50.0% (4/8) | -1.1% | +1.8% | -4.0% |
| 60D | 7Developing evidence | 100.0% (7/7) | 57.1% (4/7) | +1.0% | +2.9% | -7.3% |
| 120D | 6Developing evidence | 100.0% (6/6) | 83.3% (5/6) | +4.7% | +6.6% | -5.9% |
COMPANY RESEARCH
Smiths Group plc
SMIN.L · United Kingdom · Industrials · Specialty Industrial Machinery
INSIDER SIGNAL
3 insiders · 5 purchase events · €40k net purchases
Europe #359 · United Kingdom #102
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
- ⚠ Insider role contributes less on the current role scale
- ⚠ Purchase activity is becoming less recent
The role contribution uses the inverted role input of the current European model.
Buying concentration
Largest buyer:Laurence Mulliez · 20k GBP
Gross qualified purchase transaction-line value:34k 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)
| Filer | Price per unit | Trade date |
|---|---|---|
| Laurence Mulliez | 28.30508 GBP | Sep 29, 2026 |
| Simon Pryce | 26.58 GBP | Aug 3, 2026 |
| Simon Pryce | 25.32 GBP | May 1, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 2 distinct reported filers
- Peak time window
- 2026-05-01 to 2026-05-01
- 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
- 🟢 Recent eligible purchase
Laurence Mulliez · 20k GBP · Price 28.30508 GBP · Sep 29, 2026 - 🟢 PDMR purchase
Simon Pryce · 5k GBP · Price 26.58 GBP · Aug 3, 2026 - 🟢 PDMR purchase
Simon Pryce · 5k GBP · Price 25.32 GBP · May 1, 2026 - 🟡 2 remaining qualified transaction line(s) across 2 disclosure(s)
- 🔴 10 other transaction line(s) are not counted as discretionary-buying evidence; 4 have zero price
Insider vs stock price
3 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 |
|---|---|---|---|---|
| 2026-05-01 | 2 | 1,088 +8.8% | 1,038 +3.8% | +50 +5.0 pts |
| 2026-08-04 | 2 | 1,025 +2.5% | 980 −2.0% | +46 +4.6 pts |
| 2026-09-29 | 1 | 976 −2.4% | 992 −0.8% | −16 −1.6 pts |
2 of 3 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 (454 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
2 insiders bought on the same day, 1 May: 2 Board member. 2 of them bought again later. 1 more bought afterwards. The share closed at 2,538.00 that day and at 2,762.00 most recently (+8.8%). That week 203 companies across Europe disclosed insider purchases, an ordinary week (8 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 1 May, 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, +7.9% over these six months
The closing price of each day, from 2,560.00 on 2026-04-21 to 2,762.00 on 2026-10-07. 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, +2.3%
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 +7.9%, the typical one +2.3%, 5.6 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: 203 companies, number 8 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 |
|---|---|---|---|---|---|---|---|
| Richard Howes | Board member | 2 | — | 3.6k GBP | 2026-05-01 | +8.8% | 7 completed, median +1.0% against peers after 60 sessions |
| Simon Pryce | Board member | 2 | — | 10.4k GBP | 2026-05-01 | +8.8% | fewer than 5 completed |
| Laurence Mulliez | Board member | 1 | — | 19.9k GBP | 2026-09-29 | −2.4% | 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% | 0.600 | 21.0 |
| Qualified-buy size | 25% | 0.687 | 17.2 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.287 | 2.9 |
| 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: no longer on the bull side: bought in the last two weeks. All bull and bear lists, and what followed each line in the past →
Where the evidence comes from
The two kinds of evidence disagree: the purchases themselves carry bull lines (buyer's past purchases beat the benchmark), while short sellers argue against (published short positions). Also, company actions point the same way (company is buying back shares). No data is held for: company results.
- The insider purchases themselvesBullbuyer's past purchases beat the benchmark Bearplan, dividend or pay wording, usual level for this company6 checked, under the threshold · 1 missing
- Share price and trading2 checked, under the threshold
- Short sellersBearpublished short positions
- Company results2 missing
- Company actionsBullcompany is buying back shares
Bull case · the buying is informative
- Company actionsThe company announced 4 transactions in its own shares in the last 30 days (latest 2026-10-12); the 4 read are all purchases. The company is buying its own shares while its insiders buy.
- The 7 earlier purchases by Richard Howes beat FTSE 100 by a median 1.0% over the following 60 trading days.
Bear case · discount it
- 4 of 5 purchase lines are worded as pay or contract terms, for example “Quarterly acquisition of Ordinary Shares using a fixed proportion of the after-tax fees received from the Com…”. Purchases of that kind follow a schedule or an entitlement, not a decision made now.
- Buying at this level is normal here: 4 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%).
- Short sellersDisclosed net short positions total 2.24% of the share capital: other professional investors are positioned the opposite way. On 2026-10-02 it was 1.96%: up 0.28 points since.
Evidence still missing
- 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
- BullAt most 1 insider bought within any 15 days. Counted for the bull side from 3.
- BearThe largest buyer accounts for 59% of the value bought. Counted for the bear side from 80%.
- Bear0 of 3 buyers filed as a person closely associated with a manager. Counted for the bear side from half.
- EitherNet purchases of €40k in 180 days. Bull from €1.0M, bear when all purchases total under €25k.
- BearNo insider sale is recorded in the same 180 days.
- EitherThe latest purchase is 18 days old. Bull up to 14 days, bear from 90.
- BearThe share price changed +17% over six months (three months +5.6%, one month +9.6%) and stands 3.6% below its 52-week high. Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed +5.6% and the median of 462 Industrials companies changed −0.32%: ahead by 6 points. Counted for the bear side from 20 points behind.
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.
- Purchase size-2.1 pts
- Recency+2.3 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 63.0
- 58.2
- 53.9
- 60.9
- 58.0
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 63.0 |
| 2026-08-27 | 63.0 |
| 2026-08-28 | 59.1 |
| 2026-08-31 | 58.7 |
| 2026-09-01 | 58.6 |
| 2026-09-02 | 58.5 |
| 2026-09-03 | 58.5 |
| 2026-09-04 | 58.4 |
| 2026-09-07 | 58.2 |
| 2026-09-08 | 58.1 |
| 2026-09-09 | 58.1 |
| 2026-09-10 | 58.0 |
| 2026-09-11 | 58.0 |
| 2026-09-14 | 57.8 |
| 2026-09-23 | 54.0 |
| 2026-09-24 | 54.0 |
| 2026-09-25 | 54.0 |
| 2026-09-28 | 53.9 |
| 2026-09-29 | 65.2 |
| 2026-09-30 | 64.5 |
| 2026-10-01 | 63.9 |
| 2026-10-02 | 63.3 |
| 2026-10-03 | 63.3 |
| 2026-10-04 | 63.3 |
| 2026-10-05 | 61.8 |
| 2026-10-06 | 61.3 |
| 2026-10-07 | 60.9 |
| 2026-10-08 | 60.5 |
| 2026-10-09 | 60.2 |
| 2026-10-12 | 59.2 |
| 2026-10-13 | 59.0 |
| 2026-10-14 | 58.7 |
| 2026-10-15 | 58.5 |
| 2026-10-16 | 58.3 |
| 2026-10-18 | 58.0 |
Sector context
- 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.
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 | 7Developing evidence | 100.0% (7/7) | 71.4% (5/7) | +0.8% | +0.6% | -2.2% |
| 20D | 7Developing evidence | 100.0% (7/7) | 57.1% (4/7) | +0.7% | +3.0% | -7.1% |
| 60D | 7Developing evidence | 100.0% (7/7) | 57.1% (4/7) | +2.0% | +2.7% | -19.6% |
| 120D | 7Developing evidence | 100.0% (7/7) | 71.4% (5/7) | +7.5% | +6.6% | -12.6% |
| 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) | +0.3% | +0.6% | -1.8% |
| 20D | 4Small sample | 100.0% (4/4) | 25.0% (1/4) | -3.1% | -3.0% | -8.4% |
| 60D | 3Small sample | 100.0% (3/3) | 33.3% (1/3) | -0.6% | -0.8% | -2.7% |
| 120D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | -3.4% | -3.4% | -8.7% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 24.9%
- Beta
- —
- Avg daily volume
- —
VALUATION
- Market cap
- —
- P/E
- —
FUNDAMENTALS
- Profit margin
- 10.0%
- ROE
- 14.2%
- Industry
- —
Prices to 01 Oct 2026: OpenBB/yfinance; volume from price cache (Eulerpool). From the company's annual report ↗, fiscal year ended 31 Jul 2025: Profit margin, ROE. It does not affect the insider score or rank.
Disclosed net short positions
- Aggregate net short
- 2.24%
- Latest position date
- 14 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
The latest close in the price history is more than a week old.
Buying size vs market trading
Market history is too old for this snapshot; ratios are withheld.
Market-data coverage: 251 verified sessions · Latest session: 2026-10-07 · 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 2026-10-13 · trade date 2026-10-13
- Insider filing announcement · published 2026-10-02 · trade date 2026-10-02
- Insider filing announcement · published 2026-09-29 · trade date 2026-09-29
Unfold all 8 filings
- Insider filing announcement · published 2026-10-13 · trade date 2026-10-13
- Insider filing announcement · published 2026-10-02 · trade date 2026-10-02
- Insider filing announcement · published 2026-09-29 · trade date 2026-09-29
- Insider filing announcement · published 2026-08-03 · trade date 2026-08-03
- Insider filing announcement · published 2026-05-01 · trade date 2026-05-01
- Insider filing announcement · published 2026-03-24 · trade date 2026-03-24
- Insider filing announcement · published 2026-02-02 · trade date 2026-02-02
- Insider filing announcement · published 2025-11-03 · trade date 2025-11-03
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
10 qualifying purchase disclosure(s) · 10 transaction line(s)
Unfold all 7 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-05-01 | 2026-05-01 | Richard Howes | Non-executive Director | Quarterly acquisition of Ordinary Shares using a fixed proportion of the after-tax fees received from the Company. | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares") GB00B1WY2338 | 25.320000 GBP | GBP | 70 | Open filing |
| 2026-05-01 | 2026-05-01 | Simon Pryce | Non-executive Director | Quarterly acquisition of Ordinary Shares using a fixed proportion of the after-tax fees received from the Company. | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares") GB00B1WY2338 | 25.320000 GBP | GBP | 206 | Open filing |
| 2026-03-24 | 2026-03-24 | Alister Cowan | Non-executive Director | Purchase of Ordinary Shares | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares") GB00B1WY2338 | 22.6810 GBP | GBP | 5000 | Open filing |
| 2026-02-02 | 2026-02-02 | Richard Howes | Non-executive Director | Quarterly acquisition of Ordinary Shares using a fixed proportion of the after-tax fees received from the Company. | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares") GB00B1WY2338 | 24.960000 GBP | GBP | 70 | Open filing |
| 2026-02-02 | 2026-02-02 | Simon Pryce | Non-executive Director | Quarterly acquisition of Ordinary Shares using a fixed proportion of the after-tax fees received from the Company. | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares") GB00B1WY2338 | 24.960000 GBP | GBP | 68 | Open filing |
| 2025-11-03 | 2025-11-03 | Karin Hoeing | Non-executive Director | Quarterly acquisition of Ordinary Shares using a fixed proportion of the after-tax fees received from the Company. | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares") GB00B1WY2338 | 25.220000 GBP | GBP | 224 | Open filing |
| 2025-11-03 | 2025-11-03 | Richard Howes | Non-executive Director | Quarterly acquisition of Ordinary Shares using a fixed proportion of the after-tax fees received from the Company. | Ordinary shares of 37.5p each in Smiths Group plc ("Ordinary Shares") GB00B1WY2338 | 25.220000 GBP | GBP | 70 | Open filing |
Showing 10 of 10 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 10 other transaction(s)
Unfold all 7 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-13 | 2026-10-13 | Julian Fagge | Director/Chief Financial Officer | Vesting of an award under the Smiths Group Long Term Incentive Plan (“LTIP”) Dividend equivalent award under LTIP Market sale of Shares to finance income tax and national insurance liabilities arising on the vesting of the award | — | — | GBP | 57479 | Open filing |
| 2026-10-13 | 2026-10-13 | Julian Fagge | Director/Chief Financial Officer | Vesting of an award under the Smiths Group Long Term Incentive Plan (“LTIP”) Dividend equivalent award under LTIP Market sale of Shares to finance income tax and national insurance liabilities arising on the vesting of the award | — | — | GBP | 2901 | Open filing |
| 2026-10-13 | 2026-10-13 | Julian Fagge | Director/Chief Financial Officer | Vesting of an award under the Smiths Group Long Term Incentive Plan (“LTIP”) Dividend equivalent award under LTIP Market sale of Shares to finance income tax and national insurance liabilities arising on the vesting of the award | — | 27.5128 GBP | GBP | 28379 | Open filing |
| 2026-10-13 | 2026-10-13 | Roland Carter | Director/Chief Executive Officer | Grant of a conditional share award under the Smiths Group Long Term Incentive Plan (“LTIP”) | — | 0.00 GBP | GBP | 190000 | Open filing |
| 2026-10-13 | 2026-10-13 | Julian Fagge | Director/Chief Financial Officer | Grant of a conditional share award under the Smiths Group Long Term Incentive Plan (“LTIP”) | — | 0.00 GBP | GBP | 110000 | Open filing |
| 2026-10-02 | 2026-10-02 | Roland Carter | Director/Chief Executive Officer | Grant of a conditional share award under the Smiths Group plc Deferred Bonus Plan | Ordinary shares of 37.5p each in Smiths Group plc (“Ordinary Shares”) GB00B1WY2338 | 0.00 GBP | GBP | 17693 | Open filing |
| 2026-10-02 | 2026-10-02 | Julian Fagge | Director/Chief Financial Officer | Grant of a conditional share award under the Smiths Group plc Deferred Bonus Plan | Ordinary shares of 37.5p each in Smiths Group plc (“Ordinary Shares”) GB00B1WY2338 | 0.00 GBP | GBP | 10047 | Open filing |
Showing 10 of 10 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
- SMIN.L
- ISIN
- GB00B1WY2338
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
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