Stock Trading Canary

Snapshot date: 2026-10-18 · Built: 2026-10-19T15:17:21+00:00 · Publication status: PASS

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COMPANY RESEARCH

Scatec ASA

SCATC.OL · Norway · Utilities · Utilities—Renewable

INSIDER SIGNAL

Insider activity score:47.4 / 100

Buyers not named in the filings · 2 purchase line(s) · €55k net purchases

Europe #740 · Norway #41

WHY THIS SIGNAL?

Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+17.4 / 35

How many distinct insiders bought in the cluster

Purchase size+17.7 / 25

Purchase value relative to company size and liquidity

Role+17.1 / 20

The seniority and relevance of participating insiders

Recency+3.3 / 10

How recently the purchases occurred

Conviction+6.2 / 10

How clearly buying stands out from other activity

What is holding the score back?

  • ⚠ Buyer breadth is moderate · fewer than 4 distinct filers
  • ⚠ Purchase activity is becoming less recent
  • ⚠ Buying conviction is reduced by concurrent selling
  • ✓ Strong insider role · ? involved

The role contribution uses the inverted role input of the current European model.

BUYING PROFILE

How qualifying purchases are distributed across clustering, repetition, participation and size.

The filings do not name the buyer, so cluster buying, repeat buying and breadth cannot be told apart.

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)

FilerPrice per unitTrade date
—96.7 NOKOct 1, 2026
—97.31 NOKAug 24, 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

Insider vs stock price

2 purchase day(s), 2 purchase line(s) in the 180-day window. 1 sale day(s), 1 sale line(s).

Daily close (NOK)Day with an insider purchaseDay with an insider sale
90100110120May 2026JunJulAugSepOct2026-08-24 · 1 purchase line(s) · 1 insider(s) · close since that day +8.7%2026-10-01 · 1 sale line(s) · close since that day +4.1%2026-10-01 · 1 purchase line(s) · 1 insider(s) · close since that day +4.1%104.00last close09 Oct

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.

Insider timeline

One insider bought, 2 times, the latest (1 Oct). The share closed at 99.90 that day and at 104.00 most recently (+4.1%).

Jørgen KildahlJørgen KildahlChair of the Board of DirectorsCEO / chairUnknown insiderUnknown insiderRole not classified2026-10-01 · Jørgen Kildahl · sale · 967,000 NOK2026-08-24 · Unknown insider · purchase · 973,100 NOK2026-10-01 · Unknown insider · purchase · 967,000 NOK2026-04-20 to 2026-04-26: 136 companies2026-04-27 to 2026-05-03: 203 companies2026-05-04 to 2026-05-10: 241 companies2026-05-11 to 2026-05-17: 211 companies2026-05-18 to 2026-05-24: 244 companies2026-05-25 to 2026-05-31: 237 companies2026-06-01 to 2026-06-07: 243 companies2026-06-08 to 2026-06-14: 237 companies2026-06-15 to 2026-06-21: 211 companies2026-06-22 to 2026-06-28: 185 companies2026-06-29 to 2026-07-05: 192 companies2026-07-06 to 2026-07-12: 160 companies2026-07-13 to 2026-07-19: 181 companies2026-07-20 to 2026-07-26: 167 companies2026-07-27 to 2026-08-02: 160 companies2026-08-03 to 2026-08-09: 152 companies2026-08-10 to 2026-08-16: 164 companies2026-08-17 to 2026-08-23: 194 companies2026-08-24 to 2026-08-30: 182 companies2026-08-31 to 2026-09-06: 188 companies2026-09-07 to 2026-09-13: 178 companies2026-09-14 to 2026-09-20: 173 companies2026-09-21 to 2026-09-27: 179 companies2026-09-28 to 2026-10-04: 183 companies2026-10-05 to 2026-10-11: 166 companies2026-10-12 to 2026-10-18: 138 companiesCompanies disclosing purchases, per weekMayJunJulAugSepOct

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.

×A sale

A cross is one insider's sales on one day. People sell to pay tax, to cash in share awards or to hold less of one company, so a sale says less than a purchase does. When someone bought and sold on the same day, the cross sits beside the dot. The totals are under “Purchases against sales” below.

Blue line: this share's price, −11.1% over these six months

The closing price of each day, from 117.00 on 2026-04-21 to 104.00 on 2026-10-09. 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, −7.7%

Taken from the 100 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 −11.1%, the typical one −7.7%, 3.4 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.

This company: insiders buying per month, last 12 months

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

Darker bars are inside the 180-day window above.

Who traded

InsiderRolePurchasesSalesBoughtFirst purchaseShare price sinceEarlier purchases
Jørgen KildahlCEO / chair—1———fewer than 5 completed
Unknown insiderRole not classified2—1.9M NOK2026-08-24+8.7%fewer than 5 completed

Purchases against sales

67%purchases
Purchases67%1.9M NOK · 2 line(s) · 0 insider(s)
Sales33%967.0k NOK · 1 line(s) · 1 insider(s)

Shares of the reported value of insider transactions in the 180-day window. Sales include disposals for tax, at option exercise or under a pre-set plan, which say little about an insider's view. The split describes what was disclosed; it is not a signal.

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%0.496; source unavailable, filled with a cohort-neutral value17.4
Qualified-buy size25%0.70817.7
Role informativeness (inverted)20%0.146; source unavailable, filled with a cohort-neutral value2.9
Recency10%0.3303.3
Buy/sell conviction10%0.6166.2

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: no longer on the bull side: bought in the last two weeks; 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 purchases themselves carry no bull line, and share price and trading argue against (price down over six months). No data is held for: company results, company actions.

  • The insider purchases themselvesBearinsiders also sold2 checked, under the threshold · 4 missing
  • Share price and tradingBearprice down over six months1 checked, under the threshold
  • Short sellers1 checked, under the threshold
  • Company results2 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

  • Insiders also sold €91k in the same 180 days, 62% of the amount bought.
  • Share price and tradingThe share price is down 23% over six months (three months +7.3%, one month +3.2%) and stands 24% 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%).

Evidence still missing

  • This register does not name the filer, so the 2 purchase lines may come from one person or from several. Breadth of buying cannot be judged.
  • The latest purchase (2026-10-01) falls within 30 days before the next scheduled results (2026-10-30), 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.
  • 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.
  • 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: 4, 2 close to it
  • EitherThe latest purchase is 16 days old. Bull up to 14 days, bear from 90. close to the threshold
  • BearPublished net short positions total 1.70% of the share capital across 3 named holders. Counted for the bear side from 2%. On 2026-10-02 it was 0.60%: up 1.10 points since. close to the threshold
  • EitherNet purchases of €55k in 180 days. Bull from €1.0M, bear when all purchases total under €25k.
  • BearOver three months the share price changed +7.3% and the median of 54 Utilities companies changed −3.6%: ahead by 11 points. Counted for the bear side from 20 points behind.

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

Signal history

47.4 / 100

Latest recorded score

↓ -1.6 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.

  • Cluster+6.9 pts
  • Purchase size-1.5 pts
  • Role+4.1 pts
  • Recency+1.0 pts
  • Conviction-3.8 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 · 54.22026-08-31 · 52.82026-09-01 · 52.42026-09-02 · 52.02026-09-03 · 51.62026-09-04 · 51.32026-09-07 · 50.42026-09-08 · 50.22026-09-09 · 50.02026-09-10 · 49.72026-09-11 · 49.52026-09-14 · 49.02026-09-23 · 50.32026-09-24 · 50.32026-09-25 · 50.22026-09-28 · 50.02026-09-29 · 49.72026-09-30 · 49.62026-10-01 · 49.52026-10-02 · 53.52026-10-03 · 53.52026-10-04 · 53.52026-10-05 · 51.82026-10-06 · 51.22026-10-07 · 50.82026-10-08 · 50.32026-10-09 · 49.92026-10-12 · 48.82026-10-13 · 48.52026-10-14 · 48.22026-10-15 · 47.92026-10-16 · 47.72026-10-18 · 47.4Aug 26Sep 07Sep 28Oct 07Oct 18

Recent recorded points

  1. 44.8
  2. 50.4
  3. 50.0
  4. 50.8
  5. 47.4
View all recorded scores
Snapshot dateSignal score
2026-08-2644.8
2026-08-2744.8
2026-08-2854.2
2026-08-3152.8
2026-09-0152.4
2026-09-0252.0
2026-09-0351.6
2026-09-0451.3
2026-09-0750.4
2026-09-0850.2
2026-09-0950.0
2026-09-1049.7
2026-09-1149.5
2026-09-1449.0
2026-09-2350.3
2026-09-2450.3
2026-09-2550.2
2026-09-2850.0
2026-09-2949.7
2026-09-3049.6
2026-10-0149.5
2026-10-0253.5
2026-10-0353.5
2026-10-0453.5
2026-10-0551.8
2026-10-0651.2
2026-10-0750.8
2026-10-0850.3
2026-10-0949.9
2026-10-1248.8
2026-10-1348.5
2026-10-1448.2
2026-10-1547.9
2026-10-1647.7
2026-10-1847.4

Sector context

Utilities

Buying breadth
12.5% (12 / 96 issuers)
Sector rank
#1 / 12
7D breadth change
-0.4 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.

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.

Maria Tallaksenboard member | board member and primary insider2 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D2Small sample100.0% (2/2)100.0% (2/2)+14.3%+14.3%+3.2%
20D2Small sample100.0% (2/2)50.0% (1/2)+6.6%+6.6%-4.3%
60D2Small sample100.0% (2/2)0.0% (0/2)-10.8%-10.8%-19.7%
120D2Small sample100.0% (2/2)50.0% (1/2)+9.7%+9.7%-25.2%
First purchase in 12M
2/2
Large purchase ≥ €100k
0/2
Cluster buying · 15D
0/2
Buying the dip · ≥20% below prior 52W high
1/2
Routine / opportunistic
Not classifiable
Jørgen Kildahlboard member1 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D1Small sample100.0% (1/1)100.0% (1/1)+0.1%+0.1%+0.1%
20D1Small sample100.0% (1/1)100.0% (1/1)+2.2%+2.2%+2.2%
60D1Small sample100.0% (1/1)0.0% (0/1)-0.0%-0.0%-0.0%
120D1Small sample100.0% (1/1)100.0% (1/1)+3.5%+3.5%+3.5%
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
Maria Moræus Hanssenboard member1 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D1Small sample100.0% (1/1)100.0% (1/1)+2.2%+2.2%+2.2%
20D1Small sample100.0% (1/1)0.0% (0/1)-9.3%-9.3%-9.3%
60D1Small sample100.0% (1/1)0.0% (0/1)-6.8%-6.8%-6.8%
120D1Small sample100.0% (1/1)0.0% (0/1)-3.4%-3.4%-3.4%
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

Market context

PRICE PERFORMANCE

1M
+3.2%
3M
+7.3%
6M
-22.6%
12M
+0.3%

VOLATILITY & LIQUIDITY

Volatility
28.2%
Beta
—
Avg daily volume
NOK 41.3M

VALUATION

Market cap
—
P/E
—

FUNDAMENTALS

Profit margin
19.9%
ROE
11.6%
Industry
—

Prices to 11 Oct 2026: OpenBB/yfinance; volume from price cache (yfinance). From the company's annual report ↗, fiscal year ended 31 Dec 2024: Profit margin, ROE. It does not affect the insider score or rank.

Disclosed net short positions

Disclosed total
1.70%
Named holders
3
Latest position date
13 Oct 2026
HolderNet short, % of issued share capitalPosition date
Acadian Asset Management LLC0.60%28 Sep 2026
JPMORGAN ASSET MANAGEMENT (UK) LIMITED0.60%13 Oct 2026
CAPITAL FUND MANAGEMENT0.50%05 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: Finanstilsynet · 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: 501 verified sessions · Latest session: 2026-10-09 · 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

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

3 qualifying purchase disclosure(s) · 3 transaction line(s)

Oct 1, 2026Kjøp
— · —
Aksje · 10000 shares × 96.7 NOK · 967000 NOK
Open filing
Aug 24, 2026Kjøp
— · —
Aksje · 10000 shares × 97.31 NOK · 973100 NOK
Open filing
Mar 26, 2026Kjøp
Maria Tallaksen · board member
Aksje · 4000 shares × 121.5 NOK · —
Open filing

Showing 3 of 3 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 1 other transaction(s)

Oct 1, 2026Salg
Jørgen Kildahl · Chair of the Board of Directors
Aksje · 10000 shares × 96.7 NOK · 967000 NOK
Open filing

Showing 1 of 1 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
SCATC.OL
ISIN
NO0010715139
Sector
Utilities
Industry
Utilities—Renewable

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