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Italy Insider Trading

When a founding family at a Borsa Italiana company buys more shares, that's a signal that comes from decades of intimate knowledge about the business. Italy has more family-controlled listed companies than almost any other European market — and that makes insider data here uniquely powerful.

View Italy insider trades → See the research

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Regulator
CONSOB
Exchange
MIL
Currency
EUR
Transactions
70+
🇩🇪 Siemens AGBUY€2.4M
🇬🇧 AstraZeneca PLCBUY£890K
🇫🇷 TotalEnergies SESELL€1.1M
🇳🇱 ASML HoldingBUY€3.2M
🇸🇪 Annehem Fastigheter ABBUYkr 22.5M
🇩🇰 Novo NordiskBUYkr 5.3M
🇨🇭 Partners GroupBUYCHF 1.07M
🇧🇪 UCB SABUY€291K
🇳🇴 Equinor ASASELLkr 2.1M
🇵🇱 PKN OrlenBUYzł 340K
🇩🇪 Siemens AGBUY€2.4M
🇬🇧 AstraZeneca PLCBUY£890K
🇫🇷 TotalEnergies SESELL€1.1M
🇳🇱 ASML HoldingBUY€3.2M
🇸🇪 Annehem Fastigheter ABBUYkr 22.5M
🇩🇰 Novo NordiskBUYkr 5.3M
🇨🇭 Partners GroupBUYCHF 1.07M
🇧🇪 UCB SABUY€291K
🇳🇴 Equinor ASASELLkr 2.1M
🇵🇱 PKN OrlenBUYzł 340K

About Italian Insider Trading

Italy has a unique insider trading landscape. Many of the country's biggest listed companies are family-controlled, which means insider buying carries extra weight — these aren't just executives with stock options exercising on a schedule. When a founding family member goes to the open market to buy more shares, they have one motive: they believe the stock is undervalued.

The CONSOB Regulator

CONSOB filings go through eMarketStorage.it, which publishes Internal Dealing notifications as PDFs in Italian. We automatically translate Italian role titles — Amministratore Delegato becomes CEO, Consigliere di Amministrazione becomes Board Member.

What We Track

We monitor eMarketStorage daily, downloading each Internal Dealing PDF and extracting relevant fields. We filter for share transactions (Azioni) and exclude bonds, derivatives, and options — only genuine market conviction makes it through.

Why Italian Insider Data Matters

Borsa Italiana hosts the FTSE MIB and is home to global leaders in luxury, automotive, energy, and banking. Italy's high concentration of family-controlled companies makes insider data especially meaningful here.

Companies Covered

From FTSE MIB names like Eni, Enel, Ferrari, and Intesa Sanpaolo to the family-run mid-caps where insider transactions can be the most telling signal of all.

🏆 Top Insiders Leaderboard

Our Top Insiders leaderboard highlights the best-performing Italian executives by verified stock return. FTSE MIB and Borsa Italiana mid-cap insiders are both covered.

📊 Industry Conviction Rankings

Our Industry Rankings reveal which Italian sectors have the most insider conviction. Banking, energy, luxury goods, and automotive are all tracked.

DateCompany / InsiderTypeValueCtry
2026-04-08
🇮🇹 Ferrari NV
John Elkann · Chairman
BUY
€3.4M
IT
2026-04-07
🇮🇹 Eni SpA
Claudio Descalzi · CEO
BUY
€1.2M
IT
2026-04-06
🇮🇹 Intesa Sanpaolo SpA
Carlo Messina · MD & CEO
SELL
€780K
IT
2026-04-08
🇩🇪 Example Company AG
CEO · Executive Board
BUY
€1.2M
EU
2026-04-07
🇩🇪 Another Company PLC
CFO · Management
BUY
€340K
EU
All Italy insider trades available with subscription.
Subscribe — €5/month
+6%
“Insider purchases earn abnormal returns of more than 6% over the following six months.”
Jeng, Metrick & Zeckhauser (2003) — The Journal of Finance
+8%
“A composite insider signal combining conviction filters generates over 8% annualized excess return across 34 countries.”
Heckmann, Jacobs & Schwarz (2023) — University of Duisburg-Essen
+20.94%
“High conviction insider purchases generate an average 12-month excess return of 20.94%.”
Dardas (2012) — The Journal of Investing

Read the full academic research →

01
CONSOB publishes, we collect

Italian executives must disclose Internal Dealing transactions within three business days. CONSOB publishes PDF filings through eMarketStorage.it. We download every new filing daily.

02
We filter for conviction

We exclude options exercises, stock awards, bonds, and derivatives. Only genuine open-market share transactions make it through — the ones that show real conviction.

03
You see the Italian signal

Filter by company, role, or cluster activity. See which Italian sectors insiders are most bullish on. Track who the top-performing Italian insiders are over 1, 3, and 6 months.

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