| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 2Small sample | 66.7% (2/3) | 0.0% (0/2) | -4.6% | -4.6% | -4.6% |
| 20D | 2Small sample | 66.7% (2/3) | 0.0% (0/2) | -6.3% | -6.3% | -6.3% |
| 60D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -21.1% | -21.1% | -21.1% |
| 120D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -19.7% | -19.7% | -19.7% |
COMPANY RESEARCH
Cherry SE
C3RY.HA · Germany · Technology · Computer Hardware
INSIDER SIGNAL
Insider activity score：57.1 / 100
2 insiders · 2 purchase events · €129k net purchases
Europe #384 · Germany #45
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
Cluster+21.0 / 35
How many distinct insiders bought in the cluster
Purchase size+19.1 / 25
Purchase value relative to company size and liquidity
Role+13.0 / 20
The seniority and relevance of participating insiders
Recency+0.0 / 10
How recently the purchases occurred
Conviction+10.0 / 10
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
61%
Largest buyer：Rogier Volmer · 78k EUR
Gross qualified purchase transaction-line value：129k 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 |
|---|---|---|
| Rogier Volmer | 1.04 EUR | Jul 27, 2026 |
| Jurjen Jongma | 1.04 EUR | Jul 27, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 2 distinct reported filers
- Peak time window
- 2026-07-27 to 2026-07-27
- 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
Rogier Volmer · 78k EUR · Price 1.04 EUR · Jul 27, 2026 - 🟢 PDMR purchase
Jurjen Jongma · 51k EUR · Price 1.04 EUR · Jul 27, 2026
Insider vs stock price
No daily prices and volumes have been captured for this stock yet.
Insider timeline
2 insiders bought on the same day, 27 Jul: 2 Management board. That week 160 companies across Europe disclosed insider purchases, an ordinary week (22 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 27 Jul, 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.
▂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: 160 companies, number 22 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
Feb
Mar
Apr
May
Jun
2Jul
Aug
Sep
Oct
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Jurjen Jongma | Management board | 1 | — | — | 2026-07-27 | — | fewer than 5 completed |
| Rogier Volmer | Management board | 1 | — | — | 2026-07-27 | — | 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% | 0.763 | 19.1 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.003 | 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, 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 (more buyers than usual here); short sellers were checked and none crosses a bear threshold. No data is held for: share price and trading, company results.
- The insider purchases themselvesBullmore buyers than usual here4 checked, under the threshold · 2 missing
- Share price and tradingno data held
- Short sellers1 checked, under the threshold
- Company results2 missing
- Company actionsBearsubscription to new shares
Bull case · the buying is informative
- No insider bought in the 180 days before this window; 2 have bought in it. The buying is new for this company, not a habit.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%).
Bear case · discount it
- Company actions2 of 2 purchase lines are subscriptions to newly issued shares (“Erwerb von Aktien durch Ausübung von Bezugsrechten”), bought from the company at an issue price and not in the market. Insiders often take part to support a financing.
Evidence still missing
- 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 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: 5, 2 close to it
- BearThe largest buyer accounts for 61% of the value bought. Counted for the bear side from 80%. close to the threshold
- EitherThe latest purchase is 82 days old. Bull up to 14 days, bear from 90. close to the threshold
- EitherNet purchases of €129k in 180 days. Bull from €1.0M, bear when all purchases total under €25k.
- 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
57.1 / 100
Latest recorded score
↓ -0.3 ptsversus the comparable snapshot on 2026-09-14 (34 calendar days apart)
- 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.
- Recency-0.3 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 60.6
- 57.6
- 57.2
- 57.1
- 57.1
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 60.6 |
| 2026-08-27 | 60.6 |
| 2026-08-28 | 58.2 |
| 2026-08-31 | 58.0 |
| 2026-09-01 | 57.9 |
| 2026-09-02 | 57.8 |
| 2026-09-03 | 57.8 |
| 2026-09-04 | 57.7 |
| 2026-09-07 | 57.6 |
| 2026-09-08 | 57.6 |
| 2026-09-09 | 57.5 |
| 2026-09-10 | 57.5 |
| 2026-09-11 | 57.5 |
| 2026-09-14 | 57.4 |
| 2026-09-23 | 57.3 |
| 2026-09-24 | 57.2 |
| 2026-09-25 | 57.2 |
| 2026-09-28 | 57.2 |
| 2026-09-29 | 57.2 |
| 2026-09-30 | 57.2 |
| 2026-10-01 | 57.2 |
| 2026-10-02 | 57.2 |
| 2026-10-03 | 57.2 |
| 2026-10-04 | 57.2 |
| 2026-10-05 | 57.1 |
| 2026-10-06 | 57.1 |
| 2026-10-07 | 57.1 |
| 2026-10-08 | 57.1 |
| 2026-10-09 | 57.1 |
| 2026-10-12 | 57.1 |
| 2026-10-13 | 57.1 |
| 2026-10-14 | 57.1 |
| 2026-10-15 | 57.1 |
| 2026-10-16 | 57.1 |
| 2026-10-18 | 57.1 |
Sector context
- Buying breadth
- 6.0% (44 / 734 issuers)
- Sector rank
- #12 / 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
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 | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -9.7% | -9.7% | -9.7% |
| 20D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -8.5% | -8.5% | -8.5% |
| 60D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -22.5% | -22.5% | -22.5% |
| 120D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -23.4% | -23.4% | -23.4% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- —
- Beta
- —
- Avg daily volume
- —
VALUATION
- Market cap
- —
- P/E
- —
FUNDAMENTALS
- Profit margin
- —
- ROE
- —
- Industry
- —
Prices to 18 Oct 2026: OpenBB/yfinance. 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 daily prices have been captured for this stock yet.
Buying size vs market trading
Complete price and volume history is not yet available.
Market-data coverage: 0 verified sessions · Latest session: — · 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
- Insider filing announcement · published 2026-07-28 · trade date 2026-07-27
- Insider filing announcement · published 2026-07-27 · trade date 2026-07-27
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
2 qualifying purchase disclosure(s) · 2 transaction line(s)
Jul 27, 2026Erwerb von Aktien durch Ausübung von Bezugsrechten
Rogier Volmer · Vorstand b) Erstmeldung
Aktie · 75000 shares × 1,04 EUR · 78.000,00 EUR
Open filingJul 27, 2026Erwerb von Aktien durch Ausübung von Bezugsrechten
Jurjen Jongma · Vorstand b) Erstmeldung
Aktie · 48953.9231 shares × 1,04 EUR · 50.912,08 EUR
Open filingShowing 2 of 2 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
- C3RY.HA
- ISIN
- DE000A41YFL5
- Sector
- Technology
- Industry
- Computer Hardware
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