| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | -2.0% | -2.0% | -7.5% |
| 20D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | -6.2% | -6.2% | -13.0% |
| 60D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -16.0% | -16.0% | -22.0% |
| 120D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | -7.6% | -7.6% | -15.6% |
COMPANY RESEARCH
Lenzing AG
LEN.SG · Germany · Consumer Cyclical · Textile Manufacturing
INSIDER SIGNAL
Insider activity score：71.0 / 100
3 insiders · 3 purchase events · €41k net purchases
Europe #52 · Germany #13
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
Cluster+29.8 / 35
How many distinct insiders bought in the cluster
Purchase size+17.2 / 25
Purchase value relative to company size and liquidity
Role+13.0 / 20
The seniority and relevance of participating insiders
Recency+7.1 / 10
How recently the purchases occurred
Conviction+10.0 / 10
How clearly buying stands out from other activity
What is holding the score back?
- ⚠ Insider role contributes less on the current role scale
- ✓ Broad buyer cluster · 4+ distinct filers
- ✓ Recent activity · latest purchase 2026-10-12
The role contribution uses the inverted role input of the current European model.
Buying concentration
91%
Largest buyer：Georg Kasperkovitz · 37k EUR
Gross qualified purchase transaction-line value：41k 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 |
|---|---|---|
| Georg Kasperkovitz | 2.06 EUR | Oct 12, 2026 |
| Christian Skilich | 2.06 EUR | Oct 12, 2026 |
| Martin Seiter | 1.55 EUR | Oct 8, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 3 distinct reported filers
- Peak time window
- 2026-10-08 to 2026-10-12
- 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
- 🟢 Recent eligible purchase
Georg Kasperkovitz · 37k EUR · Price 2.06 EUR · Oct 12, 2026 - 🟢 PDMR purchase
Christian Skilich · 4k EUR · Price 2.06 EUR · Oct 12, 2026 - 🟢 Large eligible purchase
Martin Seiter · 9 EUR · Price 1.55 EUR · Oct 8, 2026 - 🔴 4 other transaction line(s) are not counted as discretionary-buying evidence; 0 have zero price
Insider vs stock price
2 purchase day(s), 3 purchase line(s) in the 180-day window.
Daily close (EUR)Day with an insider purchaseTwo or more insiders the same day
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 |
|---|---|---|---|---|
| 2026-10-09 | 1 | 1,040 +4.0% | too few peers | — |
| 2026-10-13 | 2 | 1,020 +2.0% | 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
3 insiders bought within 5 days, 8 Oct to 12 Oct: 2 Management board, 1 Supervisory board. The share closed at 10.66 on the first of those days and at 11.04 most recently (+3.6%). That week 166 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. 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 8 Oct – 12 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, −53.9% over these six months
The closing price of each day, from 23.95 on 2026-04-21 to 11.04 on 2026-10-15. 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: 166 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
Nov
Dec
Jan
1Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
3Oct
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 | Management board | 1 | — | — | 2026-10-12 | −3.3% | fewer than 5 completed |
| Georg Kasperkovitz | Management board | 1 | — | — | 2026-10-12 | −3.3% | fewer than 5 completed |
| Martin Seiter | Supervisory board | 1 | — | — | 2026-10-08 | +3.6% | 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% | 0.850 | 29.8 |
| Qualified-buy size | 25% | 0.689 | 17.2 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.707 | 7.1 |
| 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: thinly traded; no longer 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 two kinds of evidence disagree: the purchases themselves carry bull lines (more buyers than usual here, bought in the last two weeks), while share price and trading argue against (price down over six months, price trails its sector). No data is held for: company results.
- The insider purchases themselvesBullmore buyers than usual here, bought in the last two weeks Bearvalue concentrated in one buyer2 checked, under the threshold · 3 missing
- Share price and tradingBearprice down over six months, price trails its sector, thinly traded
- Short sellers1 checked, under the threshold
- Company results2 missing
- Company actionsBearsubscription to new shares
Bull case · the buying is informative
- 3 insiders bought in the last 180 days against 1 in the 180 days before: more than this company's own recent norm.Record: after 3,134 earlier disclosures like this, the median 60-session excess return was −2.7%, within 1 percentage point of all comparable disclosures (−2.7%).
- The latest purchase is 5 days old (2026-10-12). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- Company actions3 of 3 purchase lines are subscriptions to newly issued shares (“Erwerb: Ausübung Bezugsrechte”), bought from the company at an issue price and not in the market. Insiders often take part to support a financing.
- Georg Kasperkovitz accounts for 91% of the value bought. The other 2 buyers add names more than money.Record: after 3,396 earlier disclosures like this, the median 60-session excess return was −3.4%, within 1 percentage point of all comparable disclosures (−3.5%).
- Share price and tradingThe share price is down 54% over six months (three months −56%, one month −47%) and stands 63% 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 11,077 earlier disclosures like this, the median 60-session excess return was −3.2%, within 1 percentage point of all comparable disclosures (−2.6%).
- Share price and tradingOver three months the share price changed −56% and the median of 264 Consumer Cyclical companies changed −3.7%: 52 points behind. The market has marked this company down against its own sector.
- Share price and tradingAbout €78k of the stock changes hands on an average day, below this site's €500k screening line. A position is hard to enter or leave at the quoted price.
Evidence still missing
- The latest purchase (2026-10-12) 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.
- 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 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: 3
- EitherInsider purchases in the last 20 sessions equal 2.6% of the stock's traded value. Bull from 5.0%, bear below 0.50%.
- BearNo insider sale is recorded in the same 180 days.
- 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.
Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.
Signal history
71.0 / 100
Latest recorded score
↑ +30.4 ptssince the first recorded snapshot on 2026-10-09; 9 calendar days observed
- Recorded snapshots
- 7
- First snapshot
- 2026-10-09
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
- 40.6
- 73.3
- 72.7
- 72.1
- 71.0
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-09 | 40.6 |
| 2026-10-12 | 38.9 |
| 2026-10-13 | 73.3 |
| 2026-10-14 | 72.7 |
| 2026-10-15 | 72.1 |
| 2026-10-16 | 71.5 |
| 2026-10-18 | 71.0 |
Sector context
- Buying breadth
- 8.3% (42 / 506 issuers)
- Sector rank
- #7 / 12
- 7D breadth change
- -2.4 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
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 | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +0.4% | +0.4% | +0.4% |
| 20D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +6.0% | +6.0% | +6.0% |
| 60D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +14.4% | +14.4% | +14.4% |
| 120D | 1Small sample | 100.0% (1/1) | 0.0% (0/1) | -1.6% | -1.6% | -1.6% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 48.9%
- Beta
- —
- Avg daily volume
- €12,508.3
VALUATION
- Market cap
- —
- P/E
- —
FUNDAMENTALS
- Profit margin
- -5.2%
- ROE
- -10.4%
- Industry
- —
Prices to 16 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.
Disclosed net short positions
The Bundesanzeiger register, read 18 Oct 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.
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
2.62% · of estimated traded value in the same period
2026-09-18 – 2026-10-15 · 20 recorded trading sessions
- Disclosed qualifying purchases
- 40,983 EUR
- Estimated market traded value
- 1,563,205 EUR
Market-data coverage: 511 verified sessions · Latest session: 2026-10-15 · Ratio status: Available
Recent and largest purchase events / preceding 60-session ADTV
- Oct 12 · Christian Skilich · Vorstand b) Erstmeldung3,523 EUR · 20.88%16,871 EUR ADTV
- Oct 12 · Georg Kasperkovitz · Vorstand b) Erstmeldung37,451 EUR · 221.99%16,871 EUR ADTV
- Oct 08 · Martin Seiter · Aufsichtsrat b) Erstmeldung9 EUR · 0.06%15,041 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.
Latest news
No news has been captured for this company.
Regulatory filings
- Insider filing announcement · published 2026-10-13 · trade date 2026-10-12
- Insider filing announcement · published 2026-10-13 · trade date 2026-10-12
- Insider filing announcement · published 2026-10-09 · trade date 2026-10-08
Unfold all 10 filings
- Insider filing announcement · published 2026-10-13 · trade date 2026-10-12
- Insider filing announcement · published 2026-10-13 · trade date 2026-10-12
- Insider filing announcement · published 2026-10-09 · trade date 2026-10-08
- Insider filing announcement · published 2026-10-09 · trade date 2026-10-08
- Insider filing announcement · published 2026-10-08 · trade date 2026-10-06
- Insider filing announcement · published 2026-10-08 · trade date 2026-10-06
- Insider filing announcement · published 2026-10-05 · trade date 2026-10-05
- Insider filing announcement · published 2026-02-12 · trade date 2026-02-09
- Insider filing announcement · published 2026-02-09 · trade date 2026-02-06
- Insider filing announcement · published 2026-02-06 · trade date 2026-02-04
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
4 qualifying purchase disclosure(s) · 4 transaction line(s)
Oct 12, 2026Erwerb: Ausübung Bezugsrechte
Georg Kasperkovitz · Vorstand b) Erstmeldung
Anderes auf Aktie/Schuldtitel bez. FI · 18180 shares × 2,06 EUR · —
Open filingOct 12, 2026Erwerb: Ausübung Bezugsrechte
Christian Skilich · Vorstand b) Erstmeldung
Anderes auf Aktie/Schuldtitel bez. FI · 1710 shares × 2,06 EUR · —
Open filingOct 8, 2026Erwerb: Erwerb von 6 Stück Bezugsrechten im Rahmen einer Barkapitalerhöhung
Martin Seiter · Aufsichtsrat b) Erstmeldung
Anderes auf Aktie/Schuldtitel bez. FI · 6 shares × 1,55 EUR · —
Open filingUnfold all 1 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Reported value (local currency) | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-02-09 | 2026-02-12 | Christian Skilich | Vorstand b) Erstmeldung | Kauf | Aktie | 27,06 EUR | EUR | 1900 | — | Open filing |
Showing 4 of 4 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
View 6 other transaction(s)
Oct 8, 2026Bezugsrechte im Rahmen der Kapitalerhöhung
Georg Kasperkovitz · Vorstand b) Erstmeldung
Anderes auf Aktie/Schuldtitel bez. FI · 18180 shares × 0 EUR · —
Open filingOct 6, 2026Gewährung von 1.493.524 Stück Bezugsrechten im Rahmen einer Barkapitalerhöhung
Martin Seiter · Aufsichtsrat b) Erstmeldung
Anderes auf Aktie/Schuldtitel bez. FI · 1493524 shares × 0,0 EUR · —
Open filingOct 6, 2026Gewährung von 1.710 Stück Bezugsrechten im Rahmen einer Barkapitalerhöhung
Christian Skilich · Vorstand b) Erstmeldung
Anderes auf Aktie/Schuldtitel bez. FI · 1710 shares × 0,0 EUR · —
Open filingUnfold all 3 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Reported value (local currency) | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-10-05 | 2026-10-05 | Patrick Lackenbucher | Aufsichtsrat b) Erstmeldung | Erwerb: Gewährung von 9.654.547 Stück Bezugsrechten im Rahmen einer Barkapitalerhöhung | Anderes auf Aktie/Schuldtitel bez. FI | 0 EUR | EUR | 9654547 | — | Open filing |
| 2026-02-06 | 2026-02-09 | Christian Skilich | Vorstand b) Erstmeldung | Verkauf | Aktie | 27,3 EUR | EUR | 1.0147 | 27,7 EUR | Open filing |
| 2026-02-04 | 2026-02-06 | Franz Gasselsberger | Aufsichtsrat b) Erstmeldung | Verkauf | Aktie | 26,5 EUR | EUR | 3845 | — | Open filing |
Showing 6 of 6 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.
Snapshot & identity
- Snapshot date
- 2026-10-18
- Ticker
- LEN.SG
- ISIN
- AT0000A3XCR6
- Sector
- Consumer Cyclical
- Industry
- Textile Manufacturing
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