| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 4Small sample | 100.0% (4/4) | 50.0% (2/4) | -1.0% | -0.6% | -6.1% |
| 20D | 4Small sample | 100.0% (4/4) | 50.0% (2/4) | +0.6% | +0.0% | -9.7% |
| 60D | 3Small sample | 100.0% (3/3) | 66.7% (2/3) | +1.1% | -1.6% | -9.8% |
| 120D | 3Small sample | 100.0% (3/3) | 33.3% (1/3) | -12.2% | -6.6% | -15.7% |
COMPANY RESEARCH
Xplora Technologies AS
XPLRA.OL · Norway · Consumer Cyclical · Internet Retail
INSIDER SIGNAL
Insider activity score：58.3 / 100
7 insiders · 9 purchase events · €60k net purchases
Europe #348 · Norway #16
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
Cluster+35.0 / 35
How many distinct insiders bought in the cluster
Purchase size+17.8 / 25
Purchase value relative to company size and liquidity
Role+20.0 / 20
The seniority and relevance of participating insiders
Recency+0.2 / 10
How recently the purchases occurred
Conviction+5.3 / 10
How clearly buying stands out from other activity
What is holding the score back?
- ⚠ Purchase activity is becoming less recent
- ⚠ Buying conviction is reduced by concurrent selling
- ✓ Broad buyer cluster · 4+ distinct filers
- ✓ Strong insider role · ceo/chair involved
The role contribution uses the inverted role input of the current European model.
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)
| Filer | Price per unit | Trade date |
|---|---|---|
| Hellebust Kristin | 25 NOK | Aug 20, 2026 |
| Bruland Trygve C | 26.75 NOK | Aug 19, 2026 |
| Sten Kirkbak | 26.9417 NOK | Aug 19, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 7 distinct reported filers
- Peak time window
- 2026-08-19 to 2026-08-20
- Current breadth input
- 1.000 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Recent eligible purchase
Hellebust Kristin · 62k NOK · Price 25 NOK · Aug 20, 2026 - 🟢 Eligible purchase
Bruland Trygve C · 4.28m NOK · Price 26.75 NOK · Aug 19, 2026 - 🟢 Large eligible purchase
Sten Kirkbak · 1.01m NOK · Price 26.9417 NOK · Aug 19, 2026 - 🟡 6 remaining qualified transaction line(s) across 3 disclosure(s)
- 🔴 2 other transaction line(s) are not counted as discretionary-buying evidence; 0 have zero price
Insider vs stock price
3 purchase day(s), 9 purchase line(s) in the 180-day window. 2 sale day(s), 2 sale line(s).
Daily close (NOK)Day with an insider purchaseTwo or more insiders the same dayDay with an insider sale
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 |
|---|---|---|---|---|
| 2026-06-01 | 1 | 495 −50.5% | 975 −2.5% | −480 −48.0 pts |
| 2026-08-19 | 2 | 822 −17.8% | 997 −0.3% | −175 −17.5 pts |
| 2026-08-20 | 5 | 943 −5.7% | 995 −0.5% | −52 −5.2 pts |
0 of 3 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 (103 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
7 insiders bought within 2 days, 19 Aug to 20 Aug: 3 Board member, 2 Role not classified, 1 CEO / chair, 1 CFO. The share closed at 26.95 on the first of those days and at 22.15 most recently (−17.8%). That week 194 companies across Europe disclosed insider purchases, an ordinary week (9 of the last 26). 2 of the buyers also disclosed a sale in the window.
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.
▮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 19 Aug – 20 Aug, with 7 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, −61.7% over these six months
The closing price of each day, from 57.90 on 2026-04-21 to 22.15 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, −7.3%
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 −61.7%, the typical one −7.3%, 54.5 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: 194 companies, number 9 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
Jul
7Aug
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 |
|---|---|---|---|---|---|---|---|
| Unknown insider | CFO | 1 | 1 | 195.5k NOK | 2026-06-01 | −50.5% | fewer than 5 completed |
| Sten Kirkbak | CEO / chair | 1 | 1 | 1.0M NOK | 2026-08-19 | −17.8% | fewer than 5 completed |
| Stålen Knut Halvor | CFO | 1 | — | 215.3k NOK | 2026-08-19 | −17.8% | fewer than 5 completed |
| Bonnerud Thomas Embla | Board member | 1 | — | 60.2k NOK | 2026-08-19 | −17.8% | fewer than 5 completed |
| Bruland Trygve C | Board member | 1 | — | 4.3M NOK | 2026-08-19 | −17.8% | fewer than 5 completed |
| Tomislav Krznarić | Board member | 1 | — | 107.0k SEK | 2026-08-19 | −17.8% | fewer than 5 completed |
| Hellebust Kristin | Role not classified | 2 | — | 142.2k NOK | 2026-08-19 | −17.8% | fewer than 5 completed |
| Jens Per Mattias Leth | Role not classified | 1 | — | 107.4k SEK | 2026-08-19 | −17.8% | fewer than 5 completed |
Purchases against sales
Purchases89%8 line(s) · 6 insider(s)
Sales11%1 line(s) · 0 insider(s)
Shares of the NUMBER of transactions in the 180-day window: a reported value is missing for 0 line(s), or the lines are in more than one currency, so values cannot be added up. 2 line(s) are left out: the same person sold and bought the same number of shares on one day, which is a holding being moved, not a trade. 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)
| Factor | Weight | This company input | Point contribution |
|---|---|---|---|
| 15-day buyer breadth (count) | 35% | 1.000 | 35.0 |
| Qualified-buy size | 25% | 0.713 | 17.8 |
| Role informativeness (inverted) | 20% | 0.000 | 0.0 |
| Recency | 10% | 0.018 | 0.2 |
| Buy/sell conviction | 10% | 0.527 | 5.3 |
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
The two kinds of evidence disagree: the purchases themselves carry bull lines (several insiders together, more buyers than usual here, senior executive buying), while share price and trading argue against (price down over six months, price trails its sector); short sellers argue against (published short positions). No data is held for: company actions.
- The insider purchases themselvesBullseveral insiders together, more buyers than usual here, senior executive buying Bearinsiders also sold3 checked, under the threshold · 3 missing
- Share price and tradingBearprice down over six months, price trails its sector
- Short sellersBearpublished short positions
- Company results1 checked, under the threshold · 1 missing
- Company actionsno data held
Bull case · the buying is informative
- 7 insiders bought within 15 days (2026-08-19 to 2026-08-20). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.Record: after 5,401 earlier disclosures like this, the median 60-session excess return was −3.3%, within 1 percentage point of all comparable disclosures (−3.3%).
- No insider bought in the 180 days before this window; 7 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%).
- 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 8,797 earlier disclosures like this, the median 60-session excess return was −3.1%, within 1 percentage point of all comparable disclosures (−3.2%).
Bear case · discount it
- Insiders also sold €515k in the same 180 days, 90% of the amount bought.
- Share price and tradingThe share price is down 59% over six months (three months −43%, one month −18%). 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 −43% and the median of 264 Consumer Cyclical companies changed −3.7%: 39 points behind. The market has marked this company down against its own sector.
- Short sellersDisclosed net short positions total 2.40% of the share capital across 3 named holders: other professional investors are positioned the opposite way. On 2026-10-02 it was 2.20%: up 0.20 points since.
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 6.7%). 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 9 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
- Bear0 of 7 buyers filed as a person closely associated with a manager. Counted for the bear side from half.
- EitherNet purchases equal 0.06% of the company's market value. Bull from 0.10%, bear below 0.01%.
- EitherThe latest purchase is 58 days old. Bull up to 14 days, bear from 90.
- BearProfit margin on the latest captured figures is 6.7%. 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
58.3 / 100
Latest recorded score
↓ -1.5 ptsversus the comparable snapshot on 2026-09-14 (34 calendar days apart)
- Recorded snapshots
- 33
- First snapshot
- 2026-08-28
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-1.6 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 63.8
- 60.6
- 58.7
- 58.4
- 58.3
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-28 | 63.8 |
| 2026-08-31 | 62.7 |
| 2026-09-01 | 62.4 |
| 2026-09-02 | 62.1 |
| 2026-09-03 | 61.9 |
| 2026-09-04 | 61.6 |
| 2026-09-07 | 60.9 |
| 2026-09-08 | 60.8 |
| 2026-09-09 | 60.6 |
| 2026-09-10 | 60.4 |
| 2026-09-11 | 60.2 |
| 2026-09-14 | 59.8 |
| 2026-09-23 | 59.0 |
| 2026-09-24 | 59.0 |
| 2026-09-25 | 58.9 |
| 2026-09-28 | 58.7 |
| 2026-09-29 | 58.7 |
| 2026-09-30 | 58.6 |
| 2026-10-01 | 58.6 |
| 2026-10-02 | 58.6 |
| 2026-10-03 | 58.6 |
| 2026-10-04 | 58.6 |
| 2026-10-05 | 58.5 |
| 2026-10-06 | 58.5 |
| 2026-10-07 | 58.4 |
| 2026-10-08 | 58.4 |
| 2026-10-09 | 58.4 |
| 2026-10-12 | 58.3 |
| 2026-10-13 | 58.3 |
| 2026-10-14 | 58.3 |
| 2026-10-15 | 58.3 |
| 2026-10-16 | 58.3 |
| 2026-10-18 | 58.3 |
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 − Oslo Bors Benchmark 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) | +23.2% | +23.2% | +23.2% |
| 20D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +1.3% | +1.3% | +1.3% |
| 60D | 0No data | Awaiting maturity | — | — | — | — |
| 120D | 0No data | Awaiting maturity | — | — | — | — |
| 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) | +23.2% | +23.2% | +23.2% |
| 20D | 1Small sample | 100.0% (1/1) | 100.0% (1/1) | +1.3% | +1.3% | +1.3% |
| 60D | 0No data | Awaiting maturity | — | — | — | — |
| 120D | 0No data | Awaiting maturity | — | — | — | — |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 50.8%
- Beta
- 0.47
- Avg daily volume
- NOK 5.5M
VALUATION
- Market cap
- NOK 1.1B
- P/E
- 8.1×
FUNDAMENTALS
- Profit margin
- 6.7%
- ROE
- 32.0%
- Industry
- Internet Retail
Prices to 07 Oct 2026: price cache (Eulerpool). From OpenBB/yfinance, captured 16 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
- 2.40%
- Named holders
- 3
- Latest position date
- 08 Oct 2026
| Holder | Net short, % of issued share capital | Position date |
|---|---|---|
| TWO SIGMA INVESTMENTS, LP | 0.90% | 07 Oct 2026 |
| CITADEL ADVISORS LLC | 0.80% | 08 Oct 2026 |
| LIONTRUST INVESTMENT PARTNERS LLP | 0.70% | 27 Jul 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: 252 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 2026-08-20
- Insider filing announcement · published 2026-08-19 · trade date 2026-08-19
- Insider filing announcement · published 2026-08-19 · trade date 2026-08-19
Unfold all 4 filings
- Insider filing announcement · published 2026-08-20 · trade date 2026-08-20
- Insider filing announcement · published 2026-08-19 · trade date 2026-08-19
- Insider filing announcement · published 2026-08-19 · trade date 2026-08-19
- Insider filing announcement · published 2026-06-01 · trade date 2026-06-01
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
3 qualifying purchase disclosure(s) · 9 transaction line(s)
Aug 20, 2026Kjøp
Hellebust Kristin · CLO
Aksje · 2500 shares × 25 NOK · 62500 NOK
Open filingAug 19, 2026Kjøp
Sten Kirkbak · CEO
Aksje · 37500 shares × 26.9417 NOK · 1010313.75 NOK
Open filingAug 19, 2026Kjøp
Stålen Knut Halvor · CFO
Aksje · 8000 shares × 26.91 NOK · 215280 NOK
Open filingUnfold all 6 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Reported value (local currency) | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-08-19 | 2026-08-20 | Bruland Trygve C | Styremedlem | Kjøp | Aksje | 26.75 NOK | NOK | 160000 | 4280000 NOK | Open filing |
| 2026-08-19 | 2026-08-20 | Tomislav Krznarić | Business Unit Director | Kjøp | Aksje | 26.76 SEK | SEK | 4000 | 107040 SEK | Open filing |
| 2026-08-19 | 2026-08-20 | Bonnerud Thomas Embla | Styremedlem | Kjøp | Aksje | 26.75 NOK | NOK | 2250 | 60187.5 NOK | Open filing |
| 2026-08-19 | 2026-08-20 | Jens Per Mattias Leth | COO | Kjøp | Aksje | 26.86 SEK | SEK | 4000 | 107440 SEK | Open filing |
| 2026-08-19 | 2026-08-20 | Hellebust Kristin | CLO | Kjøp | Aksje | 27 NOK | NOK | 2950 | 79650 NOK | Open filing |
| 2026-06-01 | 2026-06-01 | — | Chief Financial Officer of Xplora Technologies AS | Kjøp | Aksje | 46.2 NOK | NOK | 4231 | 195472.2 NOK | Open filing |
Showing 9 of 9 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 2 other transaction(s)
Aug 19, 2026Salg
Sten Kirkbak · Daglig leder
Aksje · 37500 shares × 26.9417 NOK · 1010313.75 NOK
Open filingMay 29, 2026Salg
— · Styremedlem
Aksje · 100000 shares × 44.65 NOK · 4465000 NOK
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.
Snapshot & identity
- Snapshot date
- 2026-10-18
- Ticker
- XPLRA.OL
- ISIN
- NO0010895782
- Sector
- Consumer Cyclical
- Industry
- Internet Retail
Company logos by Parqet