| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 10Developing evidence | 100.0% (10/10) | 60.0% (6/10) | +0.2% | +1.3% | -4.9% |
| 20D | 10Developing evidence | 100.0% (10/10) | 30.0% (3/10) | -2.7% | -1.5% | -7.2% |
| 60D | 8Developing evidence | 100.0% (8/8) | 37.5% (3/8) | -8.6% | -5.0% | -19.1% |
| 120D | 6Developing evidence | 100.0% (6/6) | 16.7% (1/6) | -11.3% | -13.1% | -25.5% |
COMPANY RESEARCH
LEG Immobilien SE
LEG.DE · Germany · Real Estate · Real Estate Services
INSIDER SIGNAL
3 insiders · 7 purchase events · €201k net purchases
Europe #130 · Germany #19
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?
- ⚠ Insider role contributes less on the current role scale
- ⚠ Purchase activity is becoming less recent
- ✓ Broad buyer cluster · 4+ distinct filers
The role contribution uses the inverted role input of the current European model.
Buying concentration
Largest buyer:Lars von Lackum · 117k EUR
Gross qualified purchase transaction-line value:201k 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 |
|---|---|---|
| Lars von Lackum | 50.1 EUR | Aug 19, 2026 |
| Lars von Lackum | 52.3 EUR | Aug 7, 2026 |
| Lars von Lackum | 49.348 EUR | Jun 30, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 3 distinct reported filers
- Peak time window
- 2026-06-18 to 2026-06-30
- 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
Lars von Lackum · 20k EUR · Price 50.1 EUR · Aug 19, 2026 - 🟢 PDMR purchase
Lars von Lackum · 26k EUR · Price 52.3 EUR · Aug 7, 2026 - 🟢 PDMR purchase
Lars von Lackum · 50k EUR · Price 49.348 EUR · Jun 30, 2026 - 🟡 4 remaining qualified transaction line(s) across 4 disclosure(s)
- 🔴 4 other transaction line(s) are not counted as discretionary-buying evidence; 0 have zero price
Insider vs stock price
5 purchase day(s), 7 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 |
|---|---|---|---|---|
| 2026-06-19 | 1 | 864 −13.6% | 937 −6.3% | −73 −7.3 pts |
| 2026-06-23 | 1 | 865 −13.5% | 943 −5.7% | −78 −7.8 pts |
| 2026-06-30 | 3 | 824 −17.6% | 951 −4.9% | −128 −12.8 pts |
| 2026-08-10 | 1 | 871 −12.9% | 957 −4.3% | −87 −8.7 pts |
| 2026-08-20 | 1 | 909 −9.1% | 970 −3.0% | −61 −6.1 pts |
0 of 5 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
3 insiders bought on the same day, 30 Jun: 3 Management board. 1 of them bought again later. The share closed at 55.25 that day and at 45.50 most recently (−17.6%). That week 192 companies across Europe disclosed insider purchases, an ordinary week (10 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 30 Jun, 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, −25.5% over these six months
The closing price of each day, from 61.05 on 2026-04-21 to 45.50 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, −5.3%
Taken from the 88 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 −25.5%, the typical one −5.3%, 20.2 points behind. 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: 192 companies, number 10 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 |
|---|---|---|---|---|---|---|---|
| Lars von Lackum | Management board | 4 | — | — | 2026-06-18 | −12.9% | 8 completed, median −8.6% against peers after 60 sessions |
| Volker Wiegel | Management board | 2 | — | — | 2026-06-23 | −13.5% | 9 completed, median −8.7% against peers after 60 sessions |
| Kathrin Köhling | Management board | 1 | — | — | 2026-06-30 | −17.6% | 9 completed, median −6.3% against peers after 60 sessions |
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% | 0.792 | 19.8 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.017 | 0.2 |
| 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.
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: price down over six months; no longer on the bear side: buyer's past purchases trailed the benchmark. All bull and bear lists, and what followed each line in the past →
Where the evidence comes from
The purchases themselves carry no bull line, and share price and trading argue against (price down over six months); short sellers argue against (published short positions). No data is held for: company actions.
- The insider purchases themselvesBearplan, dividend or pay wording, small purchases, usual level for this company4 checked, under the threshold · 1 missing
- Share price and tradingBearprice down over six months1 checked, under the threshold
- Short sellersBearpublished short positions
- 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
- 3 of 7 purchase lines are worded as dividend reinvestment or scrip, for example “Erwerb von 443 Aktien durch Ausübung von Bezugsrechten im Rahmen der Aktiendividende für das Geschäftsjahr 20…”. Purchases of that kind follow a schedule or an entitlement, not a decision made now.
- Net purchases of €201k are <0.01% of the company's market value (€3.5bn): a visible sum, a small one against the business.
- Buying at this level is normal here: 4 insiders bought in the previous 180 days and 3 in this one.Record: after 2,869 earlier disclosures like this, the median 60-session excess return was −2.6%, within 1 percentage point of all comparable disclosures (−2.7%).
- Share price and tradingThe share price is down 28% over six months (three months −14%, one month −3.1%) and stands 37% 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%).
- Short sellersDisclosed net short positions total 2.13% of the share capital across 2 named holders: other professional investors are positioned the opposite way.
Evidence still missing
- Only one reading of profitability is held (profit margin 88%). Whether earnings and cash flow are rising or falling needs the last two reports side by side.
- 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: 6, 1 close to it
- BullAt most 2 insiders bought within any 15 days. Counted for the bull side from 3. close to the threshold
- BearThe largest buyer accounts for 58% of the value bought. Counted for the bear side from 80%.
- BearNo insider sale is recorded in the same 180 days.
- EitherThe latest purchase is 59 days old. Bull up to 14 days, bear from 90.
- BearOver three months the share price changed −14% and the median of 164 Real Estate companies changed −6.9%: behind by 7 points. Counted for the bear side from 20 points behind.
- BearProfit margin on the latest captured figures is 88%. 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.
- Purchase size-1.5 pts
- Recency-1.5 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 74.2
- 76.5
- 67.2
- 66.9
- 66.7
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 74.2 |
| 2026-08-27 | 74.2 |
| 2026-08-28 | 79.2 |
| 2026-08-31 | 78.2 |
| 2026-09-01 | 77.9 |
| 2026-09-02 | 77.6 |
| 2026-09-03 | 77.3 |
| 2026-09-04 | 77.1 |
| 2026-09-07 | 76.5 |
| 2026-09-08 | 76.3 |
| 2026-09-09 | 76.1 |
| 2026-09-10 | 76.0 |
| 2026-09-11 | 75.8 |
| 2026-09-14 | 69.7 |
| 2026-09-23 | 68.8 |
| 2026-09-24 | 67.4 |
| 2026-09-25 | 67.3 |
| 2026-09-28 | 67.2 |
| 2026-09-29 | 67.1 |
| 2026-09-30 | 67.1 |
| 2026-10-01 | 67.1 |
| 2026-10-02 | 67.0 |
| 2026-10-03 | 67.0 |
| 2026-10-04 | 67.0 |
| 2026-10-05 | 66.9 |
| 2026-10-06 | 66.9 |
| 2026-10-07 | 66.9 |
| 2026-10-08 | 66.9 |
| 2026-10-09 | 66.8 |
| 2026-10-12 | 66.8 |
| 2026-10-13 | 66.8 |
| 2026-10-14 | 66.8 |
| 2026-10-15 | 66.7 |
| 2026-10-16 | 66.7 |
| 2026-10-18 | 66.7 |
Sector context
- Buying breadth
- 9.0% (32 / 354 issuers)
- Sector rank
- #5 / 12
- 7D breadth change
- -0.9 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 | 9Developing evidence | 100.0% (9/9) | 55.6% (5/9) | +0.2% | +0.5% | -5.4% |
| 20D | 9Developing evidence | 100.0% (9/9) | 44.4% (4/9) | -1.9% | -0.8% | -9.2% |
| 60D | 9Developing evidence | 100.0% (9/9) | 33.3% (3/9) | -6.3% | -7.8% | -32.9% |
| 120D | 8Developing evidence | 100.0% (8/8) | 12.5% (1/8) | -11.1% | -12.8% | -25.8% |
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 9Developing evidence | 100.0% (9/9) | 44.4% (4/9) | -0.2% | -0.4% | -6.7% |
| 20D | 9Developing evidence | 100.0% (9/9) | 11.1% (1/9) | -6.4% | -5.3% | -12.2% |
| 60D | 9Developing evidence | 100.0% (9/9) | 22.2% (2/9) | -8.7% | -10.0% | -30.3% |
| 120D | 7Developing evidence | 100.0% (7/7) | 0.0% (0/7) | -18.6% | -19.0% | -30.8% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 26.8%
- Beta
- 1.39
- Avg daily volume
- €12.5M
VALUATION
- Market cap
- €3.5B
- P/E
- 3.0×
FUNDAMENTALS
- Profit margin
- 87.6%
- ROE
- 15.6%
- Industry
- Real Estate Services
Prices to 14 Oct 2026: OpenBB/yfinance. From OpenBB/yfinance, captured 14 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. It does not affect the insider score or rank.
Disclosed net short positions
- Disclosed total
- 2.13%
- Named holders
- 2
- Latest position date
- 15 Oct 2026
| Holder | Net short, % of issued share capital | Position date |
|---|---|---|
| Marshall Wace LLP | 1.47% | 15 Oct 2026 |
| Citadel Advisors LLC | 0.66% | 08 Oct 2026 |
Only positions of 0.5% or more are published, so the total is a lower bound, not total short interest. A row with an old position date may be a disclosure that was never withdrawn. Source: Bundesanzeiger · read 18 Oct 2026
Short-position disclosures are external context; they do not affect the insider score, ranking, or filing eligibility.
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: 247 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
- Insider filing announcement · published 2026-08-20 · trade date 2026-08-19
- Insider filing announcement · published 2026-08-10 · trade date 2026-08-07
- Insider filing announcement · published 2026-06-30 · trade date 2026-06-30
Unfold all 20 filings
- Insider filing announcement · published 2026-08-20 · trade date 2026-08-19
- Insider filing announcement · published 2026-08-10 · trade date 2026-08-07
- Insider filing announcement · published 2026-06-30 · trade date 2026-06-30
- Insider filing announcement · published 2026-06-30 · trade date 2026-06-30
- Insider filing announcement · published 2026-06-30 · trade date 2026-06-30
- Insider filing announcement · published 2026-06-23 · trade date 2026-06-23
- Insider filing announcement · published 2026-06-19 · trade date 2026-06-18
- Insider filing announcement · published 2026-06-08 · trade date 2026-06-01
- Insider filing announcement · published 2026-06-08 · trade date 2026-06-01
- Insider filing announcement · published 2026-06-08 · trade date 2026-06-01
- Insider filing announcement · published 2026-06-08 · trade date 2026-06-01
- Insider filing announcement · published 2026-03-30 · trade date 2026-03-27
- Insider filing announcement · published 2026-03-30 · trade date 2026-03-27
- Insider filing announcement · published 2026-03-19 · trade date 2026-03-19
- Insider filing announcement · published 2026-03-18 · trade date 2026-03-16
- Insider filing announcement · published 2025-12-15 · trade date 2025-12-15
- Insider filing announcement · published 2025-12-15 · trade date 2025-12-12
- Insider filing announcement · published 2025-12-15 · trade date 2025-12-12
- Insider filing announcement · published 2025-12-15 · trade date 2025-12-11
- Insider filing announcement · published 2025-12-01 · trade date 2025-12-01
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
16 qualifying purchase disclosure(s) · 16 transaction line(s)
Unfold all 13 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Reported value (local currency) | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-06-30 | Volker Wiegel | Vorstand b) Erstmeldung | Erwerb von 771 Aktien durch Ausübung von Bezugsrechten im Rahmen der Aktiendividende für das Geschäftsjahr 2025. | Aktie | 49,348 EUR | EUR | 771 | 38.047,308 EUR | Open filing |
| 2026-06-30 | 2026-06-30 | Lars von Lackum | Vorstand b) Erstmeldung | Erwerb von 1241 Aktien durch Ausübung von Bezugsrechten im Rahmen der Aktiendividende für das Geschäftsjahr 2025. | Aktie | 49,348 EUR | EUR | 1005 | 49.594,74 EUR | Open filing |
| 2026-06-23 | 2026-06-23 | Volker Wiegel | Vorstand b) Erstmeldung | Kauf | Aktie | 52,50 EUR | EUR | 471 | 24.727,50 EUR | Open filing |
| 2026-06-18 | 2026-06-19 | Lars von Lackum | Vorstand b) Erstmeldung | Kauf | Aktie | 52,25 EUR | EUR | 400 | 20.900,00 EUR | Open filing |
| 2026-03-27 | 2026-03-30 | Volker Wiegel | Vorstand b) Erstmeldung | Kauf | Aktie | 54,25 EUR | EUR | 2000 | 108.500,00 EUR | Open filing |
| 2026-03-27 | 2026-03-30 | Lars von Lackum | Vorstand b) Erstmeldung | Kauf | Aktie | 54,00 EUR | EUR | 3000 | 162.000,00 EUR | Open filing |
| 2026-03-19 | 2026-03-19 | Kathrin Köhling | Vorstand b) Erstmeldung | Kauf | Aktie | 57,35 EUR | EUR | 500 | 28.675,00 EUR | Open filing |
| 2026-03-16 | 2026-03-18 | Michael Zimmer | Aufsichtsrat b) Erstmeldung | Kauf | Aktie | 60,107885 EUR | EUR | 3300 | 198.356,02 EUR | Open filing |
| 2025-12-15 | 2025-12-15 | Kathrin Köhling | Vorstand b) Erstmeldung | Kauf | Aktie | 60,95 EUR | EUR | 300 | 18.285,00 EUR | Open filing |
| 2025-12-12 | 2025-12-15 | Lars von Lackum | Vorstand b) Erstmeldung | Kauf | Aktie | 61,70 EUR | EUR | 100 | 6.170,00 EUR | Open filing |
| 2025-12-12 | 2025-12-15 | Volker Wiegel | Vorstand b) Erstmeldung | Kauf | Aktie | 61,20 EUR | EUR | 1000 | 61.200,00 EUR | Open filing |
| 2025-12-11 | 2025-12-15 | Lars von Lackum | Vorstand b) Erstmeldung | Kauf | Aktie | 60,90 EUR | EUR | 700 | 42.630,00 EUR | Open filing |
| 2025-12-01 | 2025-12-01 | Volker Wiegel | Vorstand b) Erstmeldung | Kauf | Aktie | 65,15 EUR | EUR | 300 | 19.545,00 EUR | Open filing |
Showing 16 of 16 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 4 other transaction(s)
Unfold all 1 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Reported value (local currency) | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-01 | 2026-06-08 | Lars von Lackum | Vorstand b) Erstmeldung | Gewährung von 21.000 Bezugsrechten im Zusammenhang mit der Durchführung der Aktienwahldividende für das Geschäftsjahr 2025 | Anderes auf Aktie/Schuldtitel bez. FI | 0,00 EUR | EUR | — | 0,00 EUR | 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.
Snapshot & identity
- Snapshot date
- 2026-10-18
- Ticker
- LEG.DE
- ISIN
- DE000LEG1110
- Sector
- Real Estate
- Industry
- Real Estate Services
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