| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +4.4% | +4.4% | +4.4% |
| 20D | 0No data | Awaiting maturity | — | — | — | — |
| 60D | 0No data | Awaiting maturity | — | — | — | — |
| 120D | 0No data | Awaiting maturity | — | — | — | — |
COMPANY RESEARCH
Lenzing AG
LEN.SG · Austria · Consumer Cyclical · Textile Manufacturing
INSIDER SIGNAL
2 insiders · 3 purchase events · €15k net purchases
Europe #350 · Austria #5
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
How many distinct insiders bought in the cluster
Purchase value relative to company size and liquidity
The seniority and relevance of participating insiders
How recently the purchases occurred
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 · assoc involved
- ✓ Recent activity · latest purchase 2026-10-23
The role contribution uses the inverted role input of the current European model.
Buying concentration
Largest buyer:Christian Skilich · 15k EUR
Gross qualified purchase transaction-line value:15k EUR
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 |
|---|---|---|
| Christian Skilich | 8.65 EUR | Oct 23, 2026 |
| Christian Skilich | 0 EUR | Oct 6, 2026 |
| Oberbank AG | 0 EUR | Oct 6, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 2 distinct reported filers
- Peak time window
- 2026-10-06 to 2026-10-06
- Current breadth input
- 0.600 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Recent eligible purchase
Christian Skilich · 15k EUR · Price 8.65 EUR · Oct 23, 2026 - 🟢 Eligible purchase
Christian Skilich · 0 EUR · Price 0 EUR · Oct 6, 2026 - 🟢 Large eligible purchase
Oberbank AG · 0 EUR · Price 0 EUR · Oct 6, 2026
Insider vs stock price
2 purchase day(s), 3 purchase line(s) in the 180-day window.
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 |
|---|---|---|---|---|
| 2026-10-08 | 2 | 989 −1.1% | too few peers | — |
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 (0 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
2 insiders bought on the same day, 6 Oct: 1 Board member, 1 Associated person. 1 of them bought again later. The share closed at 12.82 that day and at 10.54 most recently (−17.8%). That week 167 companies across Europe disclosed insider purchases, an ordinary week (20 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. A filing that states no amount gets the smallest dot.
▮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 6 Oct, with 2 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, −54.4% over these six months
The closing price of each day, from 23.10 on 2026-04-27 to 10.54 on 2026-10-22. 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.
▂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: 167 companies, number 20 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
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Christian Skilich | Board member | 2 | — | 14.8k EUR | 2026-10-06 | −17.8% | fewer than 5 completed |
| Oberbank AG | Associated person | 1 | — | — | 2026-10-06 | −17.8% | 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% | 0.600 | 21.0 |
| Qualified-buy size | 25% | 0.622 | 15.6 |
| Role informativeness (inverted) | 20% | 0.050 | 1.0 |
| Recency | 10% | 1.000 | 10.0 |
| 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 (bought in the last two weeks), while share price and trading argue against (price down over six months). No data is held for: short sellers, company results.
- The insider purchases themselvesBullbought in the last two weeks Bearvalue concentrated in one buyer, associated persons buying, small purchases2 checked, under the threshold · 3 missing
- Share price and tradingBearprice down over six months
- Short sellers1 missing
- Company results2 missing
- Company actionsBearsubscription to new shares
Bull case · the buying is informative
- The latest purchase is 0 days old (2026-10-23). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- Company actions2 of 3 purchase lines are subscriptions to newly issued shares (“Allocation of 1,493,524 pieces of subscription rights in the course of a cash capital increase”), bought from the company at an issue price and not in the market. Insiders often take part to support a financing.
- Christian Skilich accounts for 100% of the value bought. The other 1 buyer adds names more than money.Record: after 3,411 earlier disclosures like this, the median 60-session excess return was −3.4%, within 1 percentage point of all comparable disclosures (−3.5%).
- 1 of 2 buyers are filed as persons closely associated with a manager (family or a holding vehicle), not the manager. This model weights such filers among the least informative.Record: after 1,570 earlier disclosures like this, the median 60-session excess return was −7.4%, 1.6 percentage points below all comparable disclosures (−5.8%).
- All purchases in the window total €15k: a small commitment in absolute terms.
- Share price and tradingThe share price is down 54% over six months (three months −54%, one month −33%) and stands 64% 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 11,046 earlier disclosures like this, the median 60-session excess return was −3.3%, within 1 percentage point of all comparable disclosures (−2.6%).
Evidence still missing
- The latest purchase (2026-10-23) falls within 30 days before the next scheduled results (2026-11-05), normally a closed period. Either the dealing was cleared as an exception or the results date is wrong; the filing and the financial calendar show which.
- No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
- The company's market value is not captured, so the purchases cannot be stated as a share of the business or of its trading volume.
- No earnings, margin or cash-flow figures are captured for this company. The latest annual and interim reports are where to check whether the business is improving or deteriorating.
- The short-position register for this company's market is not captured here, so whether professional investors are positioned against the buying is not known.
- 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: 2
- BullAt most 1 insider bought within any 15 days. Counted for the bull side from 3.
- BearNo insider sale is recorded in the same 180 days.
Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.
Signal history
Latest recorded score
- Recorded snapshots
- 1
- First snapshot
- 2026-10-23
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
- 57.6
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-23 | 57.6 |
Sector context
- Buying breadth
- 9.0% (45 / 502 issuers)
- Sector rank
- #7 / 12
- 7D breadth change
- +0.1 pp · vs 2026-10-16 (7d)
- 30D breadth change
- -2.7 pp · vs 2026-09-23 (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 − ATX 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 | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +4.4% | +4.4% | +4.4% |
| 20D | 0No data | Awaiting maturity | — | — | — | — |
| 60D | 0No data | Awaiting maturity | — | — | — | — |
| 120D | 0No data | Awaiting maturity | — | — | — | — |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 48.8%
- Beta
- —
- Avg daily volume
- €31,261.6
VALUATION
- Market cap
- —
- P/E
- —
FUNDAMENTALS
- Profit margin
- -5.2%
- ROE
- -10.4%
- Industry
- —
Prices to 23 Oct 2026: OpenBB/yfinance; volume from price cache (yfinance). From the company's annual report ↗, fiscal year ended 31 Dec 2025: Profit margin, ROE. It does not affect the insider score or rank.
Dividends
- Last 12 months
- None in 12 months
- Latest ex-dividend
- 2022-04-28€2.81
- By year
By year
| Year | Payments | Cash per share |
|---|---|---|
| 2022 | 1 | €2.81 |
Yahoo Finance: cash dividends by ex-dividend date, the latest close, the payout ratio (dividends ÷ 12-month earnings per share) and announced dates; special dividends included, stock dividends and splits not. Not part of any score.
Disclosed net short positions
This country's register of net short positions was not read for this build. That says nothing about whether short positions exist.
Insiders' buying price vs the latest close
No purchase price could be compared with the share price (price or share count missing, another currency, or far from that day's close).
Buying size vs market trading
Some purchases lack a valid value; aggregate ratio withheld.
Market-data coverage: 516 verified sessions · Latest session: 2026-10-22 · Ratio status: Unavailable
Recent and largest purchase events / preceding 60-session ADTV
- Oct 06 · Christian Skilich · Member of the managing body— · —Some purchases lack a valid value; aggregate ratio withheld.
- Oct 06 · Oberbank AG · Member of the administrative or supervisory body— · —Some purchases lack a valid value; aggregate ratio withheld.
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
Unfold all 2 additional news item(s)
News is reader context only; it does not change the score or inclusion.
Regulatory filings
- Insider filing announcement · published 2026-10-23 · trade date 2026-10-23
- Insider filing announcement · published 2026-10-08 · trade date 2026-10-06
- Insider filing announcement · published 2026-10-08 · trade date 2026-10-06
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
3 qualifying purchase disclosure(s) · 3 transaction line(s)
Showing 3 of 3 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.
Snapshot & identity
- Snapshot date
- 2026-10-23
- Ticker
- LEN.SG
- ISIN
- AT0000A3XCR6
- Sector
- Consumer Cyclical
- Industry
- Textile Manufacturing
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