COMPANY RESEARCH
Nestlé AG
NESN.SW · Switzerland · Consumer Defensive · Packaged Foods
INSIDER SIGNAL
Buyers not named in the filings · 3 purchase line(s) · €114k net purchases
Europe #506 · Switzerland #38
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
- ⚠ 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 |
|---|---|---|
| — | 75.678337–75.853506 CHF | Apr 22, 2026 |
Model details
Cluster breakdown (does not change the score)
Not measured: the scoring window holds no purchase filing with both a buyer name and a trade date.
What the filings show
- 🟢 Recent eligible purchase
— · 106k CHF · Price 75.678337–75.853506 CHF · Apr 22, 2026
Insider vs stock price
1 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 |
|---|---|---|---|---|
| 2026-04-22 | 1 | 997 −0.3% | 988 −1.2% | +9 +0.9 pts |
1 of 1 disclosure day(s) ended ahead of the median peer stock.
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 (89 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
One insider bought, once (22 Apr). The share closed at 75.54 that day and at 75.33 most recently (−0.3%).
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.
Blue line: this share's price, −0.0% over these six months
The closing price of each day, from 75.36 on 2026-04-21 to 75.33 on 2026-10-07. 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, −0.9%
Taken from the 89 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 −0.0%, the typical one −0.9%, 0.8 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.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Unknown insider | Board member | 1 | — | 106.1k CHF | 2026-04-22 | −0.3% | 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% | 0.496; source unavailable, filled with a cohort-neutral value | 17.4 |
| Qualified-buy size | 25% | 0.755 | 18.9 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.000 | 0.0 |
| 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.
Since 2026-10-13: new on the bear side: small purchases. All bull and bear lists, and what followed each line in the past →
Where the evidence comes from
- The insider purchases themselvesBearsmall purchases, latest purchase is old1 checked, under the threshold · 3 missing
- Share price and trading2 checked, under the threshold
- Short sellers1 missing
- Company results1 checked, under the threshold · 1 missing
- Company actionsno data held
Bull case · the buying is informative
Nothing held here goes beyond the fact that an insider bought.
Bear case · discount it
- Net purchases of €114k are <0.01% of the company's market value (€228.7bn): a visible sum, a small one against the business.
- The latest purchase was 178 days ago (2026-04-22). A reporting period has passed since, so what the buyers knew then may already be public.
Evidence still missing
- This register does not name the filer, so the 3 purchase lines may come from one person or from several. Breadth of buying cannot be judged.
- Only one reading of profitability is held (profit margin 8.4%). Whether earnings and cash flow are rising or falling needs the last two reports side by side.
- This company's market publishes no register of net short positions (it is outside the EU Short Selling Regulation), so whether professional investors are positioned against the buying cannot be read from a public source.
- 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 3 purchase lines mentions a plan, but a bare “Purchase” 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: 4
- BearNo insider sale is recorded in the same 180 days.
- BearThe share price changed −4.3% over six months (three months −9.6%, one month −6.3%). Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed −9.6% and the median of 120 Consumer Defensive companies changed −0.78%: behind by 9 points. Counted for the bear side from 20 points behind.
- BearProfit margin on the latest captured figures is 8.4%. 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
Latest recorded score
- Recorded snapshots
- 35
- 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.
- Cluster-0.4 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 57.9
- 53.7
- 53.6
- 53.3
- 53.2
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 57.9 |
| 2026-08-27 | 57.9 |
| 2026-08-28 | 53.8 |
| 2026-08-31 | 53.7 |
| 2026-09-01 | 53.7 |
| 2026-09-02 | 53.7 |
| 2026-09-03 | 53.7 |
| 2026-09-04 | 53.7 |
| 2026-09-07 | 53.7 |
| 2026-09-08 | 53.7 |
| 2026-09-09 | 53.7 |
| 2026-09-10 | 53.7 |
| 2026-09-11 | 53.7 |
| 2026-09-14 | 53.6 |
| 2026-09-23 | 53.6 |
| 2026-09-24 | 53.6 |
| 2026-09-25 | 53.6 |
| 2026-09-28 | 53.6 |
| 2026-09-29 | 53.3 |
| 2026-09-30 | 53.2 |
| 2026-10-01 | 53.2 |
| 2026-10-02 | 53.3 |
| 2026-10-03 | 53.3 |
| 2026-10-04 | 53.3 |
| 2026-10-05 | 53.3 |
| 2026-10-06 | 53.3 |
| 2026-10-07 | 53.3 |
| 2026-10-08 | 53.3 |
| 2026-10-09 | 53.3 |
| 2026-10-12 | 53.2 |
| 2026-10-13 | 53.3 |
| 2026-10-14 | 53.2 |
| 2026-10-15 | 53.2 |
| 2026-10-16 | 53.2 |
| 2026-10-18 | 53.2 |
Sector context
- Buying breadth
- 11.6% (29 / 249 issuers)
- Sector rank
- #2 / 12
- 7D breadth change
- -1.2 pp · vs 2026-10-12 (6d)
- 30D breadth change
- History building
This is sector-level research context. It does not affect the Insider Signal or ranking.
Insider profile outcomes
The filings for this company do not name the buyer, so past purchases cannot be followed person by person.
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 22.0%
- Beta
- 0.50
- Avg daily volume
- CHF 238.3M
VALUATION
- Market cap
- CHF 212.0B
- P/E
- 28.5×
FUNDAMENTALS
- Profit margin
- 8.4%
- ROE
- 26.2%
- Industry
- Packaged Foods
Prices to 07 Oct 2026: price cache (Eulerpool). From OpenBB/yfinance, captured 16 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. It does not affect the insider score or rank.
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
The latest close in the price history is more than a week old.
Buying size vs market trading
Market history is too old for this snapshot; ratios are withheld.
Market-data coverage: 246 verified sessions · Latest session: 2026-10-07 · 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
The filing records held for this company carry no link to the original notice.
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
10 qualifying purchase disclosure(s) · 10 transaction line(s)
Unfold all 7 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-02-18 | 2026-02-18 | — | Member of the board of directors | Purchase | Share | 73.1399965475574 CHF | CHF | 11586.0 | — |
| 2026-02-18 | 2026-02-18 | — | Member of the board of directors | Purchase | Share | 73.13990554899645 CHF | CHF | 3388.0 | — |
| 2026-02-18 | 2026-02-18 | — | Member of the board of directors | Purchase | Share | 73.14 CHF | CHF | 100.0 | — |
| 2025-12-08 | 2025-12-08 | — | Member of the executive management | Purchase | Share | 78.159246 CHF | CHF | 5000.0 | — |
| 2025-11-26 | 2025-11-26 | — | Member of the executive management | Purchase | Share | 79.549898 CHF | CHF | 5000.0 | — |
| 2025-11-18 | 2025-11-18 | — | Member of the executive management | Purchase | Share | 79.24743199999999 CHF | CHF | 5000.0 | — |
| 2025-11-14 | 2025-11-14 | — | Member of the executive management | Purchase | Share | 80.359806 CHF | CHF | 5000.0 | — |
Showing 10 of 10 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.
Snapshot & identity
- Snapshot date
- 2026-10-18
- Ticker
- NESN.SW
- ISIN
- CH0038863350
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
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