| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 2Small sample | 100.0% (2/2) | 100.0% (2/2) | +3.0% | +3.0% | +1.9% |
| 20D | 2Small sample | 100.0% (2/2) | 100.0% (2/2) | +3.3% | +3.3% | +1.8% |
| 60D | 2Small sample | 100.0% (2/2) | 100.0% (2/2) | +15.3% | +15.3% | +14.6% |
| 120D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -8.7% | -8.7% | -12.0% |
COMPANY RESEARCH
Pathos Communications plc
NEWS.L · United Kingdom · Communication Services · Advertising Agencies
INSIDER SIGNAL
Insider activity score：45.9 / 100
1 insiders · 1 purchase events · €43k net purchases
Europe #828 · United Kingdom #220
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+17.3 / 25
Purchase value relative to company size and liquidity
Role+20.0 / 20
The seniority and relevance of participating insiders
Recency+8.1 / 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
- ✓ Strong insider role · ceo/chair involved
- ✓ Recent activity · latest purchase 2026-10-14
The role contribution uses the inverted role input of the current European model.
Buying concentration
100%
Largest buyer：Omar Hamdi · 36k GBP
Gross qualified purchase transaction-line value：36k 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 |
|---|---|---|
| Omar Hamdi | 0.225625 GBP | Oct 14, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 1 distinct reported filers
- Peak time window
- 2026-10-14 to 2026-10-14
- 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
Omar Hamdi · 36k GBP · Price 0.225625 GBP · Oct 14, 2026
Insider vs stock price
1 purchase day(s), 1 purchase line(s) in the 180-day window.
Daily close (GBp)Day with an insider purchase
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 |
|---|---|---|---|---|
| 2026-10-14 | 1 | 1,000 +0.0% | 1,000 +0.0% | 0 +0.0 pts |
0 of 1 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 (113 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, once (14 Oct). The share closed at 23.00 that day and at 23.00 most recently (+0.0%).
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, −22.0% over these six months
The closing price of each day, from 29.50 on 2026-04-21 to 23.00 on 2026-10-15. 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, +2.6%
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 −22.0%, the typical one +2.6%, 24.6 points behind. 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.
This company: insiders buying per month, last 12 months
Nov
Dec
Jan
Feb
1Mar
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 |
|---|---|---|---|---|---|---|---|
| Omar Hamdi | CEO / chair | 1 | — | 36.1k GBP | 2026-10-14 | +0.0% | 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% | 0.691 | 17.3 |
| Role informativeness (inverted) | 20% | 0.000 | 0.0 |
| Recency | 10% | 0.812 | 8.1 |
| 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
The two kinds of evidence disagree: the purchases themselves carry bull lines (large purchases, senior executive buying, bought in the last two weeks), while share price and trading argue against (price down over six months, price trails its sector); company results argue against (loss-making).
- The insider purchases themselvesBulllarge purchases, senior executive buying, bought in the last two weeks Bearone buyer only3 checked, under the threshold · 3 missing
- Share price and tradingBearprice down over six months, price trails its sector, thinly traded
- Short sellers1 checked, under the threshold
- Company resultsBearloss-making1 missing
- Company actions1 checked, under the threshold
Bull case · the buying is informative
- Net purchases of €43k equal 0.22% of the company's market value (€19.8M): large for the size of the business.
- 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 3 days old (2026-10-14). 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%).
- Company resultsThe company is loss-making on the latest captured figures: profit margin −3.2%, return on equity −11%.
- Share price and tradingThe share price is down 22% over six months (three months −27%, one month −15%) and stands 36% below its 52-week high. Insiders have bought into a fall the market has not reversed.Record (nearest stored case: price 20% or more below its prior 52-week high): after 11,077 earlier disclosures like this, the median 60-session excess return was −3.2%, within 1 percentage point of all comparable disclosures (−2.6%).
- Share price and tradingOver three months the share price changed −27% and the median of 122 Communication Services companies changed −1.7%: 25 points behind. The market has marked this company down against its own sector.
- Share price and tradingAbout €8,877 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
- No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
- Only one reading of profitability is held (profit margin −3.2%). 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. The one purchase line does not mention 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: 5
- Either1 insider bought in the last 180 days and 1 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 1 buyer 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 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
45.9 / 100
Latest recorded score
↑ +8.2 ptsversus the comparable snapshot on 2026-09-14 (34 calendar days apart)
- Recorded snapshots
- 18
- 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+0.1 pts
- Recency+8.1 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 38.9
- 38.9
- 38.9
- 37.7
- 45.9
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 38.9 |
| 2026-08-27 | 38.9 |
| 2026-08-28 | 38.9 |
| 2026-08-31 | 38.9 |
| 2026-09-01 | 38.9 |
| 2026-09-02 | 38.9 |
| 2026-09-03 | 38.9 |
| 2026-09-04 | 38.9 |
| 2026-09-07 | 38.9 |
| 2026-09-08 | 38.9 |
| 2026-09-09 | 38.9 |
| 2026-09-10 | 38.9 |
| 2026-09-11 | 38.9 |
| 2026-09-14 | 37.7 |
| 2026-10-14 | 47.8 |
| 2026-10-15 | 47.1 |
| 2026-10-16 | 46.5 |
| 2026-10-18 | 45.9 |
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.
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 46.0%
- Beta
- —
- Avg daily volume
- £9,493.2
VALUATION
- Market cap
- £16.7M
- P/E
- —
FUNDAMENTALS
- Profit margin
- -3.2%
- ROE
- -11.1%
- Industry
- Advertising Agencies
Prices to 15 Oct 2026: OpenBB/yfinance. From OpenBB/yfinance, captured 15 Oct 2026: Market cap, Profit margin, ROE, Industry. 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 0.2595 GBP a share on average (8 purchase lines, 1 buyer, 2026-03-16 – 2026-10-14). The close on 2026-10-15 was 11.4% below that price.
The latest purchase (2026-10-14) was at 0.2256 GBP; the close was 1.9% 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
24.10% · of estimated traded value in the same period
2026-09-18 – 2026-10-15 · 20 recorded trading sessions
- Disclosed qualifying purchases
- 36,100 GBP
- Estimated market traded value
- 149,818 GBP
Market-data coverage: 210 verified sessions · Latest session: 2026-10-15 · Ratio status: Available
Recent and largest purchase events / preceding 60-session ADTV
- Oct 14 · Omar Hamdi · Chief Executive Officer36,100 GBP · 298.43%12,097 GBP 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
- Insider filing announcement · published 2026-10-14 · trade date 2026-10-14
- Insider filing announcement · published 2026-03-27 · trade date 2026-03-26
- Insider filing announcement · published 2026-03-18 · trade date 2026-03-18
Unfold all 4 filings
- Insider filing announcement · published 2026-10-14 · trade date 2026-10-14
- Insider filing announcement · published 2026-03-27 · trade date 2026-03-26
- Insider filing announcement · published 2026-03-18 · trade date 2026-03-18
- Insider filing announcement · published 2026-03-16 · trade date 2026-03-16
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
8 qualifying purchase disclosure(s) · 8 transaction line(s)
Oct 14, 2026Purchase of Ordinary Shares
Omar Hamdi · Chief Executive Officer
Ordinary Shares of £0.001 each GB00BTWSXW71 · 160000 shares × 0.225625 GBP · —
Open filingMar 18, 2026Purchase of Ordinary Shares
Omar Hamdi · Chief Executive Officer
Ordinary Shares of £0.001 each GB00BTWSXW71 · 50000 shares × 0.27 GBP · —
Open filingMar 18, 2026Purchase of Ordinary Shares
Omar Hamdi · Chief Executive Officer
Ordinary Shares of £0.001 each GB00BTWSXW71 · 75000 shares × 0.2867 GBP · —
Open filingUnfold all 5 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-03-16 | 2026-03-16 | Omar Hamdi | Chief Executive Officer | Purchase of Ordinary Shares | Ordinary Shares of £0.001 each GB00BTWSXW71 | 0.28 GBP | GBP | 50000 | Open filing |
| 2026-03-16 | 2026-03-16 | Omar Hamdi | Chief Executive Officer | Purchase of Ordinary Shares | Ordinary Shares of £0.001 each GB00BTWSXW71 | 0.28 GBP | GBP | 50000 | Open filing |
| 2026-03-16 | 2026-03-16 | Omar Hamdi | Chief Executive Officer | Purchase of Ordinary Shares | Ordinary Shares of £0.001 each GB00BTWSXW71 | 0.28 GBP | GBP | 13373 | Open filing |
| 2026-03-16 | 2026-03-16 | Omar Hamdi | Chief Executive Officer | Purchase of Ordinary Shares | Ordinary Shares of £0.001 each GB00BTWSXW71 | 0.26 GBP | GBP | 5000 | Open filing |
| 2026-03-16 | 2026-03-16 | Omar Hamdi | Chief Executive Officer | Purchase of Ordinary Shares | Ordinary Shares of £0.001 each GB00BTWSXW71 | 0.28 GBP | GBP | 25627 | Open filing |
Showing 8 of 8 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 2 other transaction(s)
Mar 26, 20261. Sale of Ordinary Shares 2. Purchase of Ordinary Shares
Mark Elliott · Chair
Ordinary Shares of £0.001 each · 63165 shares × — · —
Open filingMar 26, 20261. Sale of Ordinary Shares 2. Purchase of Ordinary Shares
Mark Elliott · Chair
Ordinary Shares of £0.001 each · 63165 shares × — · —
Open filingShowing 2 of 2 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
- NEWS.L
- ISIN
- GB00BTWSXW71
- Sector
- Communication Services
- Industry
- Advertising Agencies
Company logos by Parqet