| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 23Established evidence | 100.0% (23/23) | 43.5% (10/23) | -0.4% | +0.2% | -2.9% |
| 20D | 21Established evidence | 100.0% (21/21) | 19.0% (4/21) | -2.0% | -1.8% | -8.7% |
| 60D | 11Developing evidence | 100.0% (11/11) | 45.5% (5/11) | -1.5% | -0.5% | -6.4% |
| 120D | 5Developing evidence | 100.0% (5/5) | 0.0% (0/5) | -2.6% | -3.0% | -4.3% |
COMPANY RESEARCH
Ninety One Limited
NY1.JO · United Kingdom · Financial Services · Asset Management
INSIDER SIGNAL
Insider activity score：52.7 / 100
1 insiders · 12 purchase events · €5.82m net purchases
Europe #503 · United Kingdom #132
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+25.0 / 25
Purchase value relative to company size and liquidity
Role+13.0 / 20
The seniority and relevance of participating insiders
Recency+0.2 / 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
- ⚠ Purchase activity is becoming less recent
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 |
|---|---|---|
| Forty Two Point Two | 45.343 ZAR | Aug 28, 2026 |
| Forty Two Point Two | 45.4074 ZAR | Aug 3, 2026 |
| — | — | Jun 18, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 1 distinct reported filers
- Peak time window
- 2026-08-03 to 2026-08-03
- 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
Forty Two Point Two · 101.31m ZAR · Price 45.343 ZAR · Aug 28, 2026 - 🟢 PDMR purchase
Forty Two Point Two · 6.74m ZAR · Price 45.4074 ZAR · Aug 3, 2026 - 🟢 Large eligible purchase
— · 0 GBP · Price — · Jun 18, 2026 - 🟡 10 remaining qualified transaction line(s) across 10 disclosure(s)
- 🔴 2 other transaction line(s) are not counted as discretionary-buying evidence; 0 have zero price
Insider vs stock price
No daily prices and volumes have been captured for this stock yet.
Insider timeline
2 insiders bought in the last 180 days, 2 of them more than once. 1 of the buyers also disclosed a sale in the window.
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.
×A sale
A cross is one insider's sales on one day. People sell to pay tax, to cash in share awards or to hold less of one company, so a sale says less than a purchase does. When someone bought and sold on the same day, the cross sits beside the dot. The totals are under “Purchases against sales” below.
▂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
Mar
Apr
May
Jun
Jul
1Aug
Sep
Oct
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Kim McFarland | Board member | — | 1 | — | — | — | fewer than 5 completed |
| Unknown insider | Role not classified | 10 | — | — | 2026-06-03 | — | fewer than 5 completed |
| Forty Two Point Two | Associated person | 2 | 1 | 108.0M ZAR | 2026-08-03 | — | 11 completed, median −1.5% against peers after 60 sessions |
Purchases against sales
Purchases87%13 line(s) · 1 insider(s)
Sales13%2 line(s) · 2 insider(s)
Shares of the NUMBER of transactions in the 180-day window: a reported value is missing for 13 line(s), or the lines are in more than one currency, so values cannot be added up. Sales include disposals for tax, at option exercise or under a pre-set plan, which say little about an insider's view. The split describes what was disclosed; it is not a signal.
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% | 1.000 | 25.0 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.021 | 0.2 |
| 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); short sellers, company results, company actions were checked and none crosses a bear threshold. No data is held for: share price and trading.
- The insider purchases themselvesBulllarge purchases Bearone buyer only, buyer's past purchases trailed the benchmark4 checked, under the threshold · 2 missing
- Share price and tradingno data held
- 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 €5.8M equal 0.28% of the company's market value (€2.0bn): large for the size of the business.
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 4,757 earlier disclosures like this, the median 60-session excess return was −2.8%, within 1 percentage point of all comparable disclosures (−3.3%).
- The 11 earlier purchases by Forty Two Point Two trailed FTSE 100 by a median 1.5% over the following 60 trading days.
Evidence still missing
- Only one reading of profitability is held (profit margin 24%). 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 13 purchase lines mentions a plan, but a bare “Acquisition of 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
- Either1 insider bought in the last 180 days and 0 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.
- EitherThe latest purchase is 56 days old. Bull up to 14 days, bear from 90.
- 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 24%. 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
52.7 / 100
Latest recorded score
↑ +4.1 ptssince the first recorded snapshot on 2026-10-21; 2 calendar days observed
- Recorded snapshots
- 3
- First snapshot
- 2026-10-21
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
- 48.6
- 52.7
- 52.7
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-21 | 48.6 |
| 2026-10-22 | 52.7 |
| 2026-10-23 | 52.7 |
Sector context
- Buying breadth
- 9.9% (65 / 656 issuers)
- Sector rank
- #5 / 12
- 7D breadth change
- +1.1 pp · vs 2026-10-16 (7d)
- 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
- —
- Beta
- 0.76
- Avg daily volume
- —
VALUATION
- Market cap
- ZAC 38.0B
- P/E
- 10.4×
FUNDAMENTALS
- Profit margin
- 23.6%
- ROE
- 28.5%
- Industry
- Asset Management
Prices to 21 Oct 2026: OpenBB/yfinance. From OpenBB/yfinance, captured 21 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: €5.8M net bought · buyers: 1 · last 2026-08-28
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
No daily prices have been captured for this stock yet.
Buying size vs market trading
Complete price and volume history is not yet available.
Market-data coverage: 0 verified sessions · Latest session: — · 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 2026-10-01 · trade date 2026-10-01
- Insider filing announcement · published 2026-09-01 · trade date 2026-08-28
- Insider filing announcement · published 2026-08-03 · trade date 2026-08-03
Unfold all 15 filings
- Insider filing announcement · published 2026-10-01 · trade date 2026-10-01
- Insider filing announcement · published 2026-09-01 · trade date 2026-08-28
- Insider filing announcement · published 2026-08-03 · trade date 2026-08-03
- Insider filing announcement · published 2026-06-19 · trade date 2026-06-18
- Insider filing announcement · published 2026-06-18 · trade date 2026-06-17
- Insider filing announcement · published 2026-06-17 · trade date 2026-06-17
- Insider filing announcement · published 2026-06-15 · trade date 2026-06-12
- Insider filing announcement · published 2026-06-12 · trade date 2026-06-11
- Insider filing announcement · published 2026-06-11 · trade date 2026-06-10
- Insider filing announcement · published 2026-06-10 · trade date 2026-06-09
- Insider filing announcement · published 2026-06-09 · trade date 2026-06-08
- Insider filing announcement · published 2026-06-08 · trade date 2026-06-05
- Insider filing announcement · published 2026-06-08 · trade date 2026-06-04
- Insider filing announcement · published 2026-06-08 · trade date 2026-06-04
- Insider filing announcement · published 2026-06-04 · trade date 2026-06-03
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
13 qualifying purchase disclosure(s) · 13 transaction line(s)
Aug 28, 2026Acquisition of shares
Forty Two Point Two · In terms of UK MAR, the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA, this notification concerns a person closely associated with Hendrik du Toit and Kim McFarland, each of whom is a Director of Ninety One plc (i.e. a PDMR). In terms of the JSE Listings Requirements, Forty Two Point Two is wholly owned by the Marathon Trust and the undermentioned persons (who are directors of Ninety One plc, Ninety One Limited and/or major subsidiaries of Ninety One) are beneficiaries of the Marathon Trust. Forty Two Point Two is an associate of these persons for the purpose of the JSE Listings Requirements:- · Hendrik du Toit - Director of Ninety One plc and Ninety One Limited · Kim McFarland - Director of Ninety One plc, Ninety One Limited and Ninety One Assurance Limited · Johan Schreuder - Director of Ninety One Assurance Limited and Ninety One Guernsey Limited · Adam Fletcher - Director of Ninety One Guernsey Limited · Malcolm Gray - Director of Ninety One Assurance Limited
Ordinary shares of no par value ZAE000282356 · 2234202 shares × 45.343 ZAR · —
Open filingAug 3, 2026Acquisition of shares
Forty Two Point Two · In terms of UK MAR, the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA, this notification concerns a person closely associated with Hendrik du Toit and Kim McFarland, each of whom is a Director of Ninety One plc (i.e. a PDMR). In terms of the JSE Listings Requirements, Forty Two Point Two is wholly owned by the Marathon Trust and the undermentioned persons (who are directors of Ninety One plc, Ninety One Limited and/or major subsidiaries of Ninety One) are beneficiaries of the Marathon Trust. Forty Two Point Two is an associate of these persons for the purpose of the JSE Listings Requirements:- · Hendrik du Toit - Director of Ninety One plc and Ninety One Limited · Kim McFarland - Director of Ninety One plc and Ninety One Limited · Johan Schreuder - Director of Ninety One Assurance Limited · Adam Fletcher - Director of Ninety One Guernsey Limited · Malcolm Gray - Director of Ninety One Assurance Limited
Ordinary shares of no par value ZAE000282356 · 148482 shares × 45.4074 ZAR · —
Open filingJun 18, 2026On-market acquisition of 232,764 ordinary shares for an aggregate purchase consideration of R10,785,399
— · —
Ordinary shares of no par value ZAE000282356 · — shares × — · —
Open filingUnfold all 10 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-17 | 2026-06-18 | — | — | On-market acquisition of 36,618 ordinary shares for an aggregate purchase consideration of R1,696,457 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | Open filing |
| 2026-06-12 | 2026-06-15 | — | — | On-market acquisition of 784,912 ordinary shares for an aggregate purchase consideration of R36,268,202 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | Open filing |
| 2026-06-11 | 2026-06-12 | — | — | On-market acquisition of 44,415 ordinary shares for an aggregate purchase consideration of R2,034,043 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | Open filing |
| 2026-06-10 | 2026-06-11 | — | — | On-market acquisition of 56,783 ordinary shares for an aggregate purchase consideration of R2,600,542 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | Open filing |
| 2026-06-09 | 2026-06-10 | — | — | On-market acquisition of 54,403 ordinary shares for an aggregate purchase consideration of R2,535,724 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | Open filing |
| 2026-06-08 | 2026-06-09 | — | — | On-market acquisition of 69,539 ordinary shares for an aggregate purchase consideration of R3,222,361 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | Open filing |
| 2026-06-05 | 2026-06-08 | — | — | On-market acquisition of 360,000 ordinary shares for an aggregate purchase consideration of R16,811,784 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | Open filing |
| 2026-06-04 | 2026-06-08 | — | — | On-market acquisition of 272,700 ordinary shares for an aggregate purchase consideration of R12,469,535 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | Open filing |
| 2026-06-04 | 2026-06-08 | — | — | Off-market acquisition of 961,722 ordinary shares for an aggregate purchase consideration of R44,203,147 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | Open filing |
| 2026-06-03 | 2026-06-04 | — | — | On-market acquisition of 90,000 ordinary shares for an aggregate purchase consideration of R4,012,785 | Ordinary shares of no par value ZAE000282356 | — | GBP | — | 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 2 other transaction(s)
Oct 1, 2026Sale of participatory interests in the Marathon Trust
Kim McFarland · Director
Ordinary shares of no par value ZAE000282356 · — shares × — · —
Open filingJun 17, 2026Disposal of shares
Forty Two Point Two · In terms of UK MAR, the Listing Rules, and the Disclosure Guidance and Transparency Rules of the FCA, this notification concerns a person closely associated with Hendrik du Toit and Kim McFarland, each of whom is a Director of Ninety One plc (i.e. a PDMR). In terms of the JSE Listings Requirements, Forty Two Point Two is wholly owned by the Marathon Trust and the undermentioned persons (who are directors of Ninety One plc, Ninety One Limited and/or major subsidiaries of Ninety One) are beneficiaries of the Marathon Trust. Forty Two Point Two is an associate of these persons for the purpose of the JSE Listings Requirements:- · Hendrik du Toit - Director of Ninety One plc and Ninety One Limited · Kim McFarland - Director of Ninety One plc and Ninety One Limited · Johan Schreuder - Director of Ninety One Assurance Limited · Adam Fletcher - Director of Ninety One Guernsey Limited · Malcolm Gray - Director of Ninety One Assurance Limited
Ordinary shares of no par value ZAE000282356 · — 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.
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
- NY1.JO
- ISIN
- ZAE000282356
- Sector
- Financial Services
- Industry
- Asset Management
Company logos by Parqet