Stock Trading Canary
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 7Developing evidence | 100.0% (7/7) | 28.6% (2/7) | -4.0% | -1.9% | -4.0% |
| 20D | 7Developing evidence | 100.0% (7/7) | 57.1% (4/7) | +1.2% | -1.1% | -9.2% |
| 60D | 6Developing evidence | 100.0% (6/6) | 0.0% (0/6) | -3.1% | -4.7% | -17.2% |
| 120D | 6Developing evidence | 100.0% (6/6) | 33.3% (2/6) | -14.3% | -11.6% | -31.8% |
COMPANY RESEARCH
Symrise AG
SY1.DE · Germany · Basic Materials · Specialty Chemicals
Insider Signal
Snapshot: 05 Nov 2026 · 180-day research window
- Insider Signal
- 72.3 / 100 Research score, not a buy recommendation
- Reported buyers
- 3 180-day scoring window
- Net purchases
- 157.7k EUR 180 days · purchases less sales
- Latest disclosure
- 2026-11-02 Publication date
What stands out
- 3 reported buyers participated in qualifying purchases during the last 180 days.
- Michael Friede accounts for 54% of comparable reported purchase value; buyer breadth and value are different measures.
Price vs insider buying
SY1.DE · EUR● Purchase × Sale ◇ Public disclosure ▥ 15-day cluster ·
Circles and crosses mark trade dates; diamonds below the axis mark later public disclosures. The trade became public on its disclosure date. Prices are nearest-session closes, not insider execution prices. Marker sizes are not compared when values or currencies differ.
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 2026-11-03, neither column has changed. 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 (several insiders together, bought in the last two weeks); share price and trading, short sellers, company results were checked and none crosses a bear threshold. No data is held for: company actions.
- The insider purchases themselvesBullseveral insiders together, bought in the last two weeks Bearsmall purchases, usual level for this company, buyer's past purchases trailed the benchmark2 checked, under the threshold · 2 missing
- Share price and trading3 checked, under the threshold
- Short sellers1 checked, under the threshold
- Company results1 checked, under the threshold · 1 missing
- Company actionsno data held
Bull case · the buying is informative
- 3 insiders bought within 15 days (2026-10-28 to 2026-10-29). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.Record: after 5,440 earlier disclosures like this, the median 60-session excess return was −3.5%, within 1 percentage point of all comparable disclosures (−3.4%).
- The latest purchase is 7 days old (2026-10-29). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- Net purchases of €158k are <0.01% of the company's market value (€12.8bn): a visible sum, a small one against the business.
- Buying at this level is normal here: 3 insiders bought in the previous 180 days and 3 in this one.Record: after 2,827 earlier disclosures like this, the median 60-session excess return was −2.7%, within 1 percentage point of all comparable disclosures (−2.7%).
- The 6 earlier purchases by Walter Ribeiro trailed DAX by a median 3.1% over the following 60 trading days.
Evidence still missing
- Only one reading of profitability is held (profit margin 5.0%). 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 5 purchase lines mentions a plan, but a bare “Kauf” 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
- BearThe largest buyer accounts for 54% of the value bought. Counted for the bear side from 80%.
- BearNo insider sale is recorded in the same 180 days.
- BearThe share price changed +29% over six months (three months +4.3%, one month +4.5%). Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed +4.3% and the median of 240 Basic Materials companies changed −4.4%: ahead by 9 points. Counted for the bear side from 20 points behind.
- BearThe register of Bundesanzeiger shows no published net short position in this company. Positions under 0.5% are never published, so this does not show that nobody is short. On 2026-10-22 it showed 1.12%: what was published then has since been closed or cut below the threshold.
- BearProfit margin on the latest captured figures is 5.0%. Counted for the bear side when negative.
- BearAbout €40.2M of the stock changes hands on an average day. Counted for the bear side below €500k.
Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.
Who is trading?
Named filings in 180 days. Purchase values are summed only when complete and in one currency.
| Insider | Transaction activity | Purchase value | Latest trade | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Michael FriedeManagement board | 2 buy · 0 sell | 85.7k EUR | 2026-10-28 | |||||||||||||||||
| Walter RibeiroManagement board | 2 buy · 0 sell | 46.4k EUR | 2026-10-29 | |||||||||||||||||
| Stephanie CoßmannManagement board | 1 buy · 0 sell | 25.6k EUR | 2026-10-29 | View transactions · 1
|
INSIDER SIGNAL
Score breakdown：72.3 / 100
3 insiders · 5 purchase events · €158k net purchases
Europe #48 · Germany #12
WHY THIS SIGNAL?
Score anatomy
Each bar is that part's points in the score; the five parts add up to the score.
Number of buyers+29.8 / 35
How many different insiders bought within 15 days
Amount bought+19.4 / 25
The value bought, net of any insider sales
Buyers' roles+7.0 / 20
Lower in the company scores higher: in the backtest, purchases by the most senior insiders did worse
How recent+6.2 / 10
How long ago the latest purchase took place
Buying against selling+10.0 / 10
Lower when insiders also sold
What is holding the score back?
- ⚠ Buyers' roles add little · most senior buyer: Board member; the most senior score lowest
- ⚠ The latest purchase was some time ago
- ✓ Many buyers · 4 or more different insiders
Buyers' roles follow the European ranking's order of roles: the most senior insiders score lowest.
Buying concentration
54%
Largest buyer：Michael Friede · 86k EUR
Purchases counted, before sales：158k EUR
The amount at the top of the page is purchases minus sales; this one counts purchases only, in the filing currency, so the two can differ. The score counts how many people bought; this shows separately who bought the most.
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 |
|---|---|---|
| Walter Ribeiro | 92.76 EUR | Oct 29, 2026 |
| Stephanie Coßmann | 91.32 EUR | Oct 29, 2026 |
| Michael Friede | 89.1 EUR | Sep 15, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 3 distinct reported filers
- Peak time window
- 2026-10-28 to 2026-10-29
- Current breadth input
- 0.850 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Latest purchase counted
Walter Ribeiro · 46k EUR · Price 92.76 EUR · Oct 29, 2026 - 🟢 Purchase by a manager or director
Stephanie Coßmann · 26k EUR · Price 91.32 EUR · Oct 29, 2026 - 🟢 Purchase by a manager or director
Michael Friede · 50k EUR · Price 89.1 EUR · Sep 15, 2026 - 🟡 2 more purchase line(s) counted, from 2 filing(s)
Filing and data quality
These checks are auditable context; they do not change the rank or score.
- Identity match
- PASS · isin
- Ticker / ISIN
- Present
- Filing source links
- 11 / 11
- Median disclosure lag
- 1 days
- Latest disclosure age
- 3 days at snapshot
- Corrections / revisions
- 0
- Score-factor detail
- Saved
Insider timeline
3 insiders bought within 2 days, 28 Oct to 29 Oct: 3 Management board. The share closed at 89.80 on the first of those days and at 95.84 most recently (+6.7%). That week 200 companies across Europe disclosed insider purchases, an ordinary week (7 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. None of this company's filings in the window states an amount, so every dot is the same size.
▮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 28 Oct – 29 Oct, with 3 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, +31.6% over these six months
The closing price of each day, from 72.80 on 2026-05-11 to 95.84 on 2026-11-04. 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, −4.7%
Taken from the 101 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 +31.6%, the typical one −4.7%, 36.4 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: 200 companies, number 7 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
Dec
2Jan
Feb
2Mar
Apr
1May
Jun
Jul
Aug
2Sep
3Oct
Nov
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Walter Ribeiro | Management board | 2 | — | — | 2026-09-14 | +8.6% | 6 completed, median −3.1% against peers after 60 sessions |
| Michael Friede | Management board | 2 | — | — | 2026-09-15 | +7.2% | 5 completed, median +3.6% against peers after 60 sessions |
| Stephanie Coßmann | Management board | 1 | — | — | 2026-10-29 | +4.4% | 5 completed, median +2.5% against peers after 60 sessions |
Insiders' buying price vs the latest close
Insiders paid 79.38 EUR a share on average (11 purchase lines, 4 buyers, 2026-01-13 – 2026-10-29). The close on 2026-11-04 was 20.7% above that price.
The latest purchase (2026-10-29) was at 92.24 EUR; the close was 3.9% 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
0.01% · of estimated traded value in the same period
2026-10-08 – 2026-11-04 · 20 recorded trading sessions
- Disclosed qualifying purchases
- 107,202 EUR
- Estimated market traded value
- 804,266,272 EUR
Market-data coverage: 515 verified sessions · Latest session: 2026-11-04 · Ratio status: Available
Recent and largest purchase events / preceding 60-session ADTV
- Oct 29 · Stephanie Coßmann · Vorstand b) Erstmeldung25,570 EUR · 0.08%30,568,873 EUR ADTV
- Oct 29 · Walter Ribeiro · Vorstand b) Erstmeldung46,380 EUR · 0.15%30,568,873 EUR ADTV
- Oct 28 · Michael Friede · Vorstand b) Erstmeldung35,252 EUR · 0.12%29,489,314 EUR ADTV
- Sep 15 · Michael Friede · Vorstand b) Erstmeldung50,431 EUR · 0.19%26,833,612 EUR ADTV
- Sep 14 · Walter Ribeiro · Vorstand b) Erstmeldung57 EUR · <0.01%27,082,951 EUR 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.
Sector context
- Buying breadth
- 6.2% (24 / 388 issuers)
- Sector rank
- #11 / 12
- 7D breadth change
- -0.9 pp · vs 2026-10-29 (7d)
- 30D breadth change
- -2.1 pp · vs 2026-10-06 (30d)
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 − DAX 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) | 57.1% (4/7) | +1.2% | +0.4% | -4.3% |
| 20D | 6Developing evidence | 100.0% (6/6) | 66.7% (4/6) | +3.4% | +1.4% | -6.2% |
| 60D | 5Developing evidence | 100.0% (5/5) | 60.0% (3/5) | +3.6% | +1.1% | -10.0% |
| 120D | 5Developing evidence | 100.0% (5/5) | 60.0% (3/5) | +23.4% | +8.1% | -19.9% |
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 5Developing evidence | 100.0% (5/5) | 40.0% (2/5) | -2.3% | -0.8% | -3.5% |
| 20D | 5Developing evidence | 100.0% (5/5) | 60.0% (3/5) | +1.1% | +0.0% | -9.4% |
| 60D | 5Developing evidence | 100.0% (5/5) | 80.0% (4/5) | +2.5% | -2.0% | -19.1% |
| 120D | 5Developing evidence | 100.0% (5/5) | 40.0% (2/5) | -8.1% | -5.8% | -30.5% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 26.1%
- Beta
- 0.58
- Avg daily volume
- €31.9M
- 20-session drawdown
- -12.2%
- 60-session drawdown
- -12.2%
- Latest volume / prior median
- 0.8×
VALUATION
- Market cap
- €12.8B
- Market cap (EUR ref.)
- €12.8B
- P/E
- 52.8×
FUNDAMENTALS
- Revenue
- —
- Net income
- —
- Operating profit
- —
- Equity
- —
- Cash
- —
- Debt
- —
- Operating cash flow
- —
- Free cash flow
- —
- Profit margin
- 5.0%
- ROE
- 6.7%
- Industry
- Specialty Chemicals
Prices to 04 Nov 2026: price cache (yfinance). From OpenBB/yfinance, captured 03 Nov 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. ECB EUR reference rate dated 2026-11-05; it is not a trade-date conversion. It does not affect the insider score or rank.
Disclosed net short positions
The Bundesanzeiger register, read 06 Nov 2026, publishes no net short position of 0.5% or more in this issuer. Positions below 0.5% are never published, so this is not evidence that nobody is short.
Short-position disclosures are external context; they do not affect the insider score, ranking, or filing eligibility.
Latest news
No news has been captured for this company.
Regulatory filings
- Insider filing announcement · published 2026-11-02 · trade date 2026-10-29
- Insider filing announcement · published 2026-10-30 · trade date 2026-10-29
- Insider filing announcement · published 2026-10-28 · trade date 2026-10-28
Unfold all 11 filings
- Insider filing announcement · published 2026-11-02 · trade date 2026-10-29
- Insider filing announcement · published 2026-10-30 · trade date 2026-10-29
- Insider filing announcement · published 2026-10-28 · trade date 2026-10-28
- Insider filing announcement · published 2026-09-16 · trade date 2026-09-15
- Insider filing announcement · published 2026-09-16 · trade date 2026-09-14
- Insider filing announcement · published 2026-05-05 · trade date 2026-05-04
- Insider filing announcement · published 2026-03-06 · trade date 2026-03-04
- Insider filing announcement · published 2026-03-05 · trade date 2026-03-05
- Insider filing announcement · published 2026-02-12 · trade date 2026-01-23
- Insider filing announcement · published 2026-01-13 · trade date 2026-01-13
- Insider filing announcement · published 2026-01-13 · trade date 2026-01-13
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
11 qualifying purchase disclosure(s) · 11 transaction line(s)
Trade Oct 29, 2026Kauf
Stephanie Coßmann · Vorstand b) Erstmeldung
Published Nov 2, 2026 · Aktie · 280 shares × 91,32 EUR · 25.569,60 EUR
Open filingTrade Oct 29, 2026Kauf
Walter Ribeiro · Vorstand b) Erstmeldung
Published Oct 30, 2026 · Aktie · 500 shares × 92,76 EUR · 46.380,00 EUR
Open filingTrade Oct 28, 2026Kauf
Michael Friede · Vorstand b) Erstmeldung
Published Oct 28, 2026 · Aktie · 393 shares × 89,70 EUR · 35.252,10 EUR
Open filingUnfold all 8 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Reported value (local currency) | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-09-15 | 2026-09-16 | Michael Friede | Vorstand b) Erstmeldung | Kauf | Aktie | 89,10 EUR | EUR | 566 | 50.430,60 EUR | Open filing |
| 2026-09-14 | 2026-09-16 | Walter Ribeiro | Vorstand b) Erstmeldung | Kauf | Aktie | 87,66 EUR | EUR | 650 | 56.979 EUR | Open filing |
| 2026-05-04 | 2026-05-05 | Michael Friede | Vorstand b) Erstmeldung | Kauf | Aktie | 74,54 EUR | EUR | 671 | 50.016,34 EUR | Open filing |
| 2026-03-05 | 2026-03-05 | Stephanie Coßmann | Vorstand b) Erstmeldung | Kauf | Aktie | 72,6290511 EUR | EUR | 411 | 29.850,5400 EUR | Open filing |
| 2026-03-04 | 2026-03-06 | Michael König | Aufsichtsrat b) Erstmeldung | Kauf | Aktie | 73,04 EUR | EUR | 1324 | 96.704,96 EUR | Open filing |
| 2026-01-23 | 2026-02-12 | Stephanie Coßmann | Vorstand b) Erstmeldung | Kauf | Aktie | 72,38 EUR | EUR | 225 | 16.285,50 EUR | Open filing |
| 2026-01-13 | 2026-01-13 | Michael Friede | Vorstand b) Erstmeldung | Kauf | Aktie | 73,74 EUR | EUR | 678 | 49.995,72 EUR | Open filing |
| 2026-01-13 | 2026-01-13 | Michael Friede | Vorstand b) Erstmeldung | Kauf | Aktie | 75,50 EUR | EUR | 1325 | 100.037,50 EUR | Open filing |
Showing 11 of 11 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
The underlying filing feed is unavailable in this snapshot; this is not a claim that no filings exist.
Follow new disclosures
Subscribe to new Europe disclosures. These are market-wide RSS feeds, not company-specific alerts.
Model & Sources
Signal history
72.3 / 100
Latest recorded score
↑ +13.3 ptsversus the comparable snapshot on 2026-10-06 (30 calendar days apart)
- Recorded snapshots
- 46
- 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.
- Number of buyers+8.8 pts
- Amount bought+0.7 pts
- How recent+3.8 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 57.6
- 45.0
- 59.7
- 57.8
- 72.3
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 57.6 |
| 2026-08-27 | 57.6 |
| 2026-08-28 | 57.6 |
| 2026-08-31 | 57.6 |
| 2026-09-01 | 45.8 |
| 2026-09-02 | 45.0 |
| 2026-09-03 | 45.0 |
| 2026-09-04 | 45.0 |
| 2026-09-07 | 45.0 |
| 2026-09-08 | 45.0 |
| 2026-09-09 | 45.0 |
| 2026-09-10 | 45.0 |
| 2026-09-11 | 45.0 |
| 2026-09-14 | 45.0 |
| 2026-09-23 | 62.4 |
| 2026-09-24 | 62.0 |
| 2026-09-25 | 61.7 |
| 2026-09-28 | 60.7 |
| 2026-09-29 | 60.5 |
| 2026-09-30 | 60.2 |
| 2026-10-01 | 60.0 |
| 2026-10-02 | 59.7 |
| 2026-10-03 | 59.7 |
| 2026-10-04 | 59.7 |
| 2026-10-05 | 59.2 |
| 2026-10-06 | 59.0 |
| 2026-10-07 | 58.8 |
| 2026-10-08 | 58.7 |
| 2026-10-09 | 58.6 |
| 2026-10-12 | 58.2 |
| 2026-10-13 | 58.1 |
| 2026-10-14 | 58.0 |
| 2026-10-15 | 57.9 |
| 2026-10-16 | 57.8 |
| 2026-10-18 | 57.8 |
| 2026-10-19 | 57.6 |
| 2026-10-20 | 57.6 |
| 2026-10-21 | 57.5 |
| 2026-10-22 | 57.4 |
| 2026-10-23 | 57.4 |
| 2026-10-27 | 57.2 |
| 2026-10-28 | 67.2 |
| 2026-10-29 | 66.5 |
| 2026-11-03 | 73.2 |
| 2026-11-04 | 72.7 |
| 2026-11-05 | 72.3 |
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% | 0.850 | 29.8 |
| Qualified-buy size | 25% | 0.776 | 19.4 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.616 | 6.2 |
| 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.
Snapshot & identity
- Snapshot date
- 2026-11-05
- Ticker
- SY1.DE
- ISIN
- DE000SYM9999
- Sector
- Basic Materials
- Industry
- Specialty Chemicals
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