Stock Trading Canary

Data as of 5 Nov 2026

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COMPANY RESEARCH

Bonheur ASA

BONHR.OL · XOSL - Oslo Børs · Norway · Industrials · Conglomerates

Insider Signal

Snapshot: 05 Nov 2026 · 180-day research window

Data quality pass
Insider Signal
50.4 / 100
Research score, not a buy recommendation
Reported buyers
2
180-day scoring window
Net purchases
211.3k EUR
180 days · purchases less sales
Latest disclosure
2026-11-05
Publication date
What stands out
  • 2 reported buyers participated in qualifying purchases during the last 180 days.
  • Gjelsten Gaute Kristian accounts for 89% of comparable reported purchase value; buyer breadth and value are different measures.

Price vs insider buying

BONHR.OL · NOK

● Purchase　× Sale　◇ Public disclosure　▥ 15-day cluster ·

Circles and crosses mark trade dates; diamonds below the axis mark later public disclosures. The trade became public on its disclosure date. Prices are nearest-session closes, not insider execution prices. Marker sizes are not compared when values or currencies differ.

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

Independent evidence does not object: the purchases themselves carry bull lines (more buyers than usual here, senior executive buying, bought in the last two weeks); share price and trading, short sellers, company results were checked and none crosses a bear threshold. No data is held for: company actions.

  • The insider purchases themselvesBullmore buyers than usual here, senior executive buying, bought in the last two weeks Bearvalue concentrated in one buyer4 checked, under the threshold · 3 missing
  • Share price and trading3 checked, under the threshold
  • Short sellers1 checked, under the threshold
  • Company results1 checked, under the threshold · 1 missing
  • Company actionsno data held

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 3,282 earlier disclosures like this, the median 60-session excess return was −2.5%, within 1 percentage point of all comparable disclosures (−2.7%).
  • The buyers include the CEO or chair, who sees more of the business than most filers. This site's score gives little or no credit for that: in its backtests purchases by senior executives did no better than other insiders' purchases.Record: after 8,812 earlier disclosures like this, the median 60-session excess return was −3.1%, within 1 percentage point of all comparable disclosures (−3.4%).
  • The latest purchase is 0 days old (2026-11-05). The buying is current, not left over from an earlier quarter.

Bear case · discount it

  • Gjelsten Gaute Kristian accounts for 89% of the value bought. The other 1 buyer adds names more than money.Record: after 3,525 earlier disclosures like this, the median 60-session excess return was −3.4%, within 1 percentage point of all comparable disclosures (−3.5%).

Evidence still missing

  • No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
  • Only one reading of profitability is held (profit margin 8.0%). Whether earnings and cash flow are rising or falling needs the last two reports side by side.
  • 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 2 purchase lines mentions a plan, but a bare “Kjøp” 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: 9
  • BullAt most 1 insider bought within any 15 days. Counted for the bull side from 3.
  • Bear0 of 2 buyers filed as a person closely associated with a manager. Counted for the bear side from half.
  • EitherNet purchases equal 0.02% of the company's market value. Bull from 0.10%, bear below 0.01%.
  • BearNo insider sale is recorded in the same 180 days.
  • BearThe share price changed −0.94% over six months (three months +11%, one month +0.38%) and stands 5.9% below its 52-week high. Counted for the bear side from a fall of 20%.
  • BearOver three months the share price changed +11% and the median of 635 Industrials companies changed −2.1%: ahead by 13 points. Counted for the bear side from 20 points behind.
  • BearThe register of Finanstilsynet 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.
  • BearProfit margin on the latest captured figures is 8.0%. Counted for the bear side when negative.
  • BearAbout €847k of the stock changes hands on an average day. Counted for the bear side below €500k.

Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.

Who is trading?

Named filings in 180 days. Purchase values are summed only when complete and in one currency.

InsiderTransaction activityPurchase valueLatest tradeDetails
Gjelsten Gaute KristianCEO / chair1 buy · 0 sell1.96m NOK2026-11-05
View transactions · 1
Trade dateDisclosureTypeSharesPriceCurrencyReported valueSource
2026-11-052026-11-05Kjøp7407264NOK1955448Source ↗
Hilland JannickeBoard member1 buy · 0 sell249.8k NOK2026-07-10
View transactions · 1
Trade dateDisclosureTypeSharesPriceCurrencyReported valueSource
2026-07-102026-07-10Kjøp1138219.5NOK249791Source ↗

INSIDER SIGNAL

Score breakdown：50.4 / 100

2 insiders · 2 purchase events · €211k net purchases

Europe #620 · Norway #34

WHY THIS SIGNAL?

Score anatomy

Each bar is that part's points in the score; the five parts add up to the score.

Number of buyers+10.5 / 35

How many different insiders bought within 15 days

Amount bought+19.9 / 25

The value bought, net of any insider sales

Buyers' roles+0.0 / 20

Lower in the company scores higher: in the backtest, purchases by the most senior insiders did worse

How recent+10.0 / 10

How long ago the latest purchase took place

Buying against selling+10.0 / 10

Lower when insiders also sold

What is holding the score back?

  • ⚠ Few buyers · fewer than 4 different insiders
  • ⚠ Buyers' roles add little · most senior buyer: CEO / chair; the most senior score lowest
  • ✓ Recent buying · latest purchase 2026-11-05

Buyers' roles follow the European ranking's order of roles: the most senior insiders score lowest.

BUYING PROFILE

2 events · 2 insiders · 180d

Cluster 0%Repeat 0%Independent 100%Large 0%

Percentages are mutually exclusive and sum to 100%.

Buying concentration

89%

Largest buyer：Gjelsten Gaute Kristian · 1.96m NOK
Purchases counted, before sales：2.21m NOK

The amount at the top of the page is purchases minus sales; this one counts purchases only, in the filing currency, so the two can differ. The score counts how many people bought; this shows separately who bought the most.

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)

FilerPrice per unitTrade date
Gjelsten Gaute Kristian264 NOKNov 5, 2026
Hilland Jannicke219.5 NOKJul 10, 2026
Model details

Cluster breakdown (does not change the score)

15-day buyer breadth (count)
1 distinct reported filers
Peak time window
2026-07-10 to 2026-07-10
Current breadth input
0.300 (capped at 4+ buyers)
Buyer independence
Not yet measured; related-party fields are not cross-market comparable

What the filings show

Filing and data quality

These checks are auditable context; they do not change the rank or score.

Identity match
PASS · isin
Ticker / ISIN
Present
Filing source links
2 / 2
Median disclosure lag
0 days
Latest disclosure age
0 days at snapshot
Corrections / revisions
0
Score-factor detail
Saved

Insider timeline

2 insiders bought in the last 180 days, each once and more than 15 days apart.

Gjelsten Gaute KristianGjelsten Gaute KristianStyrelederCEO / chairHilland JannickeHilland JannickeStyremedlemBoard member2026-07-10 · Hilland Jannicke · purchase · 249,791 NOK2026-11-05 · Gjelsten Gaute Kristian · purchase · 1,955,448 NOK2026-05-11 to 2026-05-17: 215 companies2026-05-18 to 2026-05-24: 254 companies2026-05-25 to 2026-05-31: 244 companies2026-06-01 to 2026-06-07: 252 companies2026-06-08 to 2026-06-14: 243 companies2026-06-15 to 2026-06-21: 215 companies2026-06-22 to 2026-06-28: 194 companies2026-06-29 to 2026-07-05: 196 companies2026-07-06 to 2026-07-12: 162 companies2026-07-13 to 2026-07-19: 183 companies2026-07-20 to 2026-07-26: 176 companies2026-07-27 to 2026-08-02: 166 companies2026-08-03 to 2026-08-09: 161 companies2026-08-10 to 2026-08-16: 166 companies2026-08-17 to 2026-08-23: 200 companies2026-08-24 to 2026-08-30: 185 companies2026-08-31 to 2026-09-06: 196 companies2026-09-07 to 2026-09-13: 186 companies2026-09-14 to 2026-09-20: 176 companies2026-09-21 to 2026-09-27: 188 companies2026-09-28 to 2026-10-04: 198 companies2026-10-05 to 2026-10-11: 173 companies2026-10-12 to 2026-10-18: 142 companies2026-10-19 to 2026-10-25: 164 companies2026-10-26 to 2026-11-01: 200 companies2026-11-02 to 2026-11-08: 107 companiesCompanies disclosing purchases, per weekJunJulAugSepOctNov

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, +1.3% over these six months

The closing price of each day, from 260.00 on 2026-05-11 to 263.50 on 2026-11-04. 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, −2.9%

Taken from the 107 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 +1.3%, the typical one −2.9%, 4.3 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.

This company: insiders buying per month, last 12 months

Dec
Jan
Feb
Mar
Apr
May
Jun
1Jul
Aug
Sep
Oct
1Nov

Darker bars are inside the 180-day window above.

Who traded

InsiderRolePurchasesSalesBoughtFirst purchaseShare price sinceEarlier purchases
Gjelsten Gaute KristianCEO / chair1—2.0M NOK2026-11-05—fewer than 5 completed
Hilland JannickeBoard member1—249.8k NOK2026-07-10+19.2%fewer than 5 completed

Insiders' buying price vs the latest close

Insiders paid 264.00 NOK a share on average (1 purchase line, 1 buyer, 2026-11-05 – 2026-11-05). The close on 2026-11-04 was 0.2% below that price.

Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored.

Buying size vs market trading

0.00% · of estimated traded value in the same period

2026-10-08 – 2026-11-04 · 20 recorded trading sessions

Disclosed qualifying purchases
0 NOK
Estimated market traded value
176,719,938 NOK

Market-data coverage: 519 verified sessions · Latest session: 2026-11-04 · Ratio status: Available

Recent and largest purchase events / preceding 60-session 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.

Sector context

Industrials

Buying breadth
10.0% (106 / 1,055 issuers)
Sector rank
#2 / 12
7D breadth change
+0.7 pp · vs 2026-10-29 (7d)
30D breadth change
+0.3 pp · vs 2026-10-06 (30d)

This is sector-level research context. It does not affect the Insider Signal or ranking.

View Europe sector research →

Insider profile outcomes

Historical performance following insider filings. The company role is translated below each name while preserving the original title.

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.

Heidi Skaaretmember1 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D1Small sample100.0% (1/1)0.0% (0/1)-5.0%-5.0%-5.0%
20D1Small sample100.0% (1/1)0.0% (0/1)-13.8%-13.8%-13.8%
60D1Small sample100.0% (1/1)0.0% (0/1)-9.4%-9.4%-9.4%
120D1Small sample100.0% (1/1)0.0% (0/1)-14.2%-14.2%-14.2%
First purchase in 12M
Not classifiable
Large purchase ≥ €100k
0/1
Cluster buying · 15D
0/1
Buying the dip · ≥20% below prior 52W high
0/1
Routine / opportunistic
Not classifiable
Hilland JannickeStyremedlem1 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D1Small sample100.0% (1/1)100.0% (1/1)+2.1%+2.1%+2.1%
20D1Small sample100.0% (1/1)100.0% (1/1)+2.8%+2.8%+2.8%
60D1Small sample100.0% (1/1)100.0% (1/1)+11.8%+11.8%+11.8%
120D0No dataAwaiting maturity————
First purchase in 12M
1/1
Large purchase ≥ €100k
0/1
Cluster buying · 15D
0/1
Buying the dip · ≥20% below prior 52W high
1/1
Routine / opportunistic
Not classifiable
Gjelsten Gaute KristianStyreleder
First purchase in 12M
1/1
Large purchase ≥ €100k
1/1
Cluster buying · 15D
0/1
Buying the dip · ≥20% below prior 52W high
0/1
Routine / opportunistic
Not classifiable

Market context

PRICE PERFORMANCE

1M
+0.4%
3M
+10.7%
6M
-0.9%
12M
+19.5%

VOLATILITY & LIQUIDITY

Volatility
23.4%
Beta
0.52
Avg daily volume
NOK 6.7M
20-session drawdown
-7.6%
60-session drawdown
-7.8%
Latest volume / prior median
0.8×

VALUATION

Market cap
NOK 10.5B
Market cap (EUR ref.)
€1.0B
P/E
10.7×

FUNDAMENTALS

Revenue
$3.0B
Net income
$436.7M
Operating profit
$490.9M
Equity
$6.3B
Cash
$89.8M
Debt
—
Operating cash flow
$935.2M
Free cash flow
—
Profit margin
8.0%
ROE
14.0%
Industry
Conglomerates

Prices to 06 Nov 2026: price cache (yfinance). From OpenBB/yfinance, captured 20 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. From the company's annual report ↗, fiscal year ended 30 Sep 2025: Revenue, Net income, Equity, Operating profit, Cash, Operating cash flow. ECB EUR reference rate dated 2026-11-05; it is not a trade-date conversion. It does not affect the insider score or rank.

Dividends

Dividend yield
2.8%at NOK 265.00
Last 12 months
NOK 7.30per share
Payout ratio
32%of 12-month earnings
Latest ex-dividend
2026-05-28NOK 7.30
Frequency
Annual
Dividend growth
+16.2%a year, 2022–2025
By year
2022: 4.302023: 5.002024: 6.002025: 6.752026: 7.30
By year
YearPaymentsCash per share
2026 (so far)1NOK 7.30
20251NOK 6.75
20241NOK 6.00
20231NOK 5.00
20221NOK 4.30

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

The Finanstilsynet register, read 06 Nov 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 and institutions

Insiders, ranking window: €211.3k net bought · buyers: 2 · last 2026-11-05

Short sellers

Nothing at or above the publication threshold is on the Finanstilsynet register (read 2026-11-06).

Moves by named holders, last 12 months

No named holder's published position changed in the last 12 months.

Source: Finanstilsynet, read 2026-11-06. Where holders are named, only positions of 0.5% of issued capital or more are published, so these are lower bounds and a change is a change in what was published. Context only; not part of the score. All companies where insiders buy and short sellers hold positions →

Latest news

News capture status: ok. Articles were retained for audit but none met the reader threshold.

Regulatory filings

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)

Trade Nov 5, 2026Kjøp
Gjelsten Gaute Kristian · Styreleder
Published Nov 5, 2026 · Aksje · 7407 shares × 264 NOK · 1955448 NOK
Open filing
Trade Jul 10, 2026Kjøp
Hilland Jannicke · Styremedlem
Published Jul 10, 2026 · Aksje · 1138 shares × 219.5 NOK · 249791 NOK
Open filing

Showing 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.

Follow new disclosures

Subscribe to new Europe disclosures. These are market-wide RSS feeds, not company-specific alerts.

Daily RSS · Weekly digest RSS

Model & Sources

Signal history

50.4 / 100

Latest recorded score

↑ +6.6 ptsversus the comparable snapshot on 2026-10-06 (30 calendar days apart)
Recorded snapshots
46
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.

  • Amount bought+3.6 pts
  • Buyers' roles-7.0 pts
  • How recent+10.0 pts

Signal score history

Fixed 0–100 scale; dates are spaced by calendar time.

02550751002026-08-26 · 44.82026-08-27 · 44.82026-08-28 · 44.12026-08-31 · 44.12026-09-01 · 44.02026-09-02 · 44.02026-09-03 · 44.02026-09-04 · 44.02026-09-07 · 44.02026-09-08 · 44.02026-09-09 · 43.92026-09-10 · 43.92026-09-11 · 43.92026-09-14 · 43.92026-09-23 · 43.82026-09-24 · 43.82026-09-25 · 43.82026-09-28 · 43.82026-09-29 · 43.82026-09-30 · 43.82026-10-01 · 43.82026-10-02 · 43.82026-10-03 · 43.82026-10-04 · 43.82026-10-05 · 43.82026-10-06 · 43.82026-10-07 · 43.82026-10-08 · 43.82026-10-09 · 43.82026-10-12 · 43.82026-10-13 · 43.82026-10-14 · 43.82026-10-15 · 43.82026-10-16 · 43.82026-10-18 · 43.82026-10-19 · 43.82026-10-20 · 43.82026-10-21 · 43.82026-10-22 · 43.82026-10-23 · 43.82026-10-27 · 43.92026-10-28 · 43.92026-10-29 · 43.92026-11-03 · 43.92026-11-04 · 43.92026-11-05 · 50.4Aug 26Sep 10Oct 03Oct 18Nov 05

Recent recorded points

  1. 44.8
  2. 43.9
  3. 43.8
  4. 43.8
  5. 50.4
View all recorded scores
Snapshot dateSignal score
2026-08-2644.8
2026-08-2744.8
2026-08-2844.1
2026-08-3144.1
2026-09-0144.0
2026-09-0244.0
2026-09-0344.0
2026-09-0444.0
2026-09-0744.0
2026-09-0844.0
2026-09-0943.9
2026-09-1043.9
2026-09-1143.9
2026-09-1443.9
2026-09-2343.8
2026-09-2443.8
2026-09-2543.8
2026-09-2843.8
2026-09-2943.8
2026-09-3043.8
2026-10-0143.8
2026-10-0243.8
2026-10-0343.8
2026-10-0443.8
2026-10-0543.8
2026-10-0643.8
2026-10-0743.8
2026-10-0843.8
2026-10-0943.8
2026-10-1243.8
2026-10-1343.8
2026-10-1443.8
2026-10-1543.8
2026-10-1643.8
2026-10-1843.8
2026-10-1943.8
2026-10-2043.8
2026-10-2143.8
2026-10-2243.8
2026-10-2343.8
2026-10-2743.9
2026-10-2843.9
2026-10-2943.9
2026-11-0343.9
2026-11-0443.9
2026-11-0550.4
Why this score? · Model details

Priority = 100 × Σ(fixed weight × 0–1 rule-based input)

FactorWeightThis company inputPoint contribution
15-day buyer breadth (count)35%0.30010.5
Qualified-buy size25%0.79519.9
Role informativeness (inverted)20%0.0000.0
Recency10%1.00010.0
Buy/sell conviction10%1.00010.0

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.

Snapshot & identity

Snapshot date
2026-11-05
Ticker
BONHR.OL
ISIN
NO0003110603
Sector
Industrials
Industry
Conglomerates

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