NOMD Nomad Foods Ltd

BULLISH Impact: 6/10 Insider Cluster (4 insiders)
Horizon weeks Filed May 18, 2026 Processed 22d 9h ago
Insider cluster: 3 insiders, $2.9M total
Latest settled — T+5d ⚠ clustered
NOMD ▼ -0.68% at T+5d
LONG call ✗ call lost -0.68% · α vs SPY -2.93% · entry $10.30 → $10.23
Next anchor: T+20d in 6d
Last close $9.93 (close Jun 8) · -3.59% from $10.30 entry
Entry anchored
May 18, 03:59 PM ET
via Databento tick
T+1d
+1.17%
call +1.17% · α +0.13%
$10.42
settled 22d ago
T+5d
-0.68%
call -0.68% · α -2.93%
$10.23
settled 15d ago
T+20d
call — · α —
in 6d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Three Nomad Foods insiders, including the CFO and two directors, made open-market purchases totaling $2.90M over a 3-day window (May 12-14, 2026). The CEO also purchased $1.47M on May 15, bringing the cluster to $4.37M. This is a strong cluster buy signal, particularly given C-suite participation, at a $1.4B market cap (0.31% of market cap). The purchases follow a period of heavy insider buying ($9.2M in the prior 30 days) and occur near the stock's recent lows, suggesting management sees significant undervaluation.

Key Financial Metrics

Direction
buying
Total Value
$4.4M
Insiders
4

Actionable Insight

This is a textbook bullish insider cluster: C-suite participation (CEO + CFO), large absolute dollar amounts, and purchases near multi-year lows. The cross-filing context shows cluster-insider-trades + cluster-earnings-context as an AMPLIFIER, suggesting these buys may precede positive earnings news. Monitor for an upcoming earnings release or strategic update. The stock's 83% analyst bullish consensus supports the insider view.

Key Facts

  • CEO Dominic Brisby purchased 150,000 shares at $9.79 for $1.47M on May 15
  • CFO Ruben Baldew purchased 14,731 shares at $9.71 for $143K on May 14
  • Director Ian Ashken purchased 100,000 shares at $9.13 for $913K on May 13
  • Director Noam Gottesman purchased 200,000 shares at $9.23 for $1.85M on May 12
  • Total cluster value: $4.37M across 4 insiders over 4 trading days
  • Cluster represents ~0.31% of NOMD's $1.4B market cap
  • Prior 30 days saw $9.2M in insider buys, indicating sustained conviction

Financial Impact

Insiders deployed $4.37M in open-market purchases, representing 0.31% of market cap. CEO alone committed $1.47M.

insider ownershipmarket sentiment

Risk Factors

  • Insider buys are not a guarantee of near-term stock performance; macro headwinds in the frozen food sector could persist
  • The stock may remain range-bound if earnings don't materialize as insiders expect
  • 10b5-1 plan disclosure not provided; however, the cluster nature and C-suite involvement reduce this risk

Market Snapshot

Exchange
NYSE
Sector
Food and Kindred Products
Analyst Consensus
83% bullish (12 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-NOMD-1779136089069
6 reports for NOMD
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NOMD — sortable, filterable
Type Now
Jun 8, 2026
1d ago
6-K
NEUTRAL ★ 2/10
$9.94 awaiting T+5awaiting T+5$9.93 (−0.10%)
May 18, 2026
22d ago
Insider Cluster
BULLISH ★ 6/10
$10.30 $10.23▼ −0.68%▼ −2.93%$9.93 (−3.59%)
May 15, 2026
25d ago
Insider Cluster
BULLISH ★ 6/10
$10.24 $10.21▼ −0.29%▼ −1.91%$9.93 (−3.03%)
May 13, 2026
27d ago
6-K
NEUTRAL ★ 2/10
$9.09 $10.30▲ +13.31%▲ +14.47%$9.93 (+9.24%)
May 8, 2026
4w ago
6-K
NEUTRAL ★ 3/10
$9.27 $9.79▲ +5.60%▲ +4.14%$9.93 (+7.11%)
Apr 30, 2026
5w ago
6-K
NEUTRAL ★ 2/10
$9.55 $9.96▲ +4.32%▲ +2.59%$9.93 (+4.03%)
Showing 6 of 6

US Market Status

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