Stock Trading Canary
Trade Nov 2, 2026Kjøp
— · —
Published Nov 2, 2026 · Aksje · 69626 shares × 34 NOK · 2367284 NOK
Open filingCOMPANY RESEARCH
Appear ASA
APR.OL · Norway · Technology · Computer Hardware
Insider Signal
Snapshot: 05 Nov 2026 · 180-day research window
- Insider Signal
- 57.9 / 100 Research score, not a buy recommendation
- Reported buyers
- Not verified 180-day scoring window
- Net purchases
- 226.8k EUR 180 days · purchases less sales
- Latest disclosure
- 2026-11-02 Publication date
What stands out
- nan accounts for 100% of comparable reported purchase value; buyer breadth and value are different measures.
- The share price fell 50.5% over 180 days; inspect disclosure dates before interpreting the purchases.
Price vs insider buying
APR.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.
Since 2026-11-03, 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 (large purchases, bought in the last two weeks), while share price and trading argue against (price down over six months). No data is held for: company actions.
- The insider purchases themselvesBulllarge purchases, bought in the last two weeks1 checked, under the threshold · 3 missing
- Share price and tradingBearprice down over six months, thinly traded1 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
- Net purchases of €227k equal 0.16% of the company's market value (€142.0M): large for the size of the business.
- The latest purchase is 3 days old (2026-11-02). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- Share price and tradingThe share price is down 54% over six months (three months −19%, one month +6.1%) and stands 59% 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 11,069 earlier disclosures like this, the median 60-session excess return was −3.1%, within 1 percentage point of all comparable disclosures (−2.6%).
- Share price and tradingAbout €350k of the stock changes hands on an average day, below this site's €500k screening line. A position is hard to enter or leave at the quoted price.
Evidence still missing
- This register does not name the filer, so the 1 purchase line may come from one person or from several. Breadth of buying cannot be judged.
- Only one reading of profitability is held (profit margin 7.3%). 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. The one purchase line does not mention 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, 1 close to it
- BearOver three months the share price changed −19% and the median of 424 Technology companies changed −4.0%: behind by 15 points. Counted for the bear side from 20 points behind. close to the threshold
- BearNo insider sale is recorded in the same 180 days.
- 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 7.3%. 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.
Who is trading?
The filings do not name the insiders.
INSIDER SIGNAL
Score breakdown：57.9 / 100
Buyers not named in the filings · 1 purchase line(s) · €227k net purchases
Europe #339 · Norway #21
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+16.8 / 35
How many different insiders bought within 15 days
Amount bought+20.0 / 25
The value bought, net of any insider sales
Buyers' roles+3.0 / 20
Lower in the company scores higher: in the backtest, purchases by the most senior insiders did worse
How recent+8.1 / 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: ?; the most senior score lowest
- ✓ Recent buying · latest purchase 2026-11-02
Buyers' roles follow the European ranking's order of roles: the most senior insiders score lowest.
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 |
|---|---|---|
| — | 34 NOK | Nov 2, 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
- 🟢 Latest purchase counted
— · 2.37m NOK · Price 34 NOK · Nov 2, 2026
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
- 3 days at snapshot
- Corrections / revisions
- 0
- Score-factor detail
- Saved
Insider timeline
One insider bought, once (2 Nov). The share closed at 36.50 that day and at 37.10 most recently (+1.6%).
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, −50.5% over these six months
The closing price of each day, from 75.00 on 2026-05-11 to 37.10 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, −2.4%
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 −50.5%, the typical one −2.4%, 48.1 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.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Unknown insider | Role not classified | 1 | — | 2.4M NOK | 2026-11-02 | +1.6% | fewer than 5 completed |
Insiders' buying price vs the latest close
Insiders paid 34.00 NOK a share on average (1 purchase line, 1 buyer, 2026-11-02 – 2026-11-02). The close on 2026-11-04 was 9.1% above that price.
Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored.
Buying size vs market trading
3.24% · of estimated traded value in the same period
2026-10-08 – 2026-11-04 · 20 recorded trading sessions
- Disclosed qualifying purchases
- 2,367,284 NOK
- Estimated market traded value
- 73,010,218 NOK
Market-data coverage: 249 verified sessions · Latest session: 2026-11-04 · Ratio status: Available
Recent and largest purchase events / preceding 60-session ADTV
- Nov 02 · · 2,367,284 NOK · 94.16%2,514,115 NOK 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
- Buying breadth
- 7.9% (59 / 744 issuers)
- Sector rank
- #9 / 12
- 7D breadth change
- +0.5 pp · vs 2026-10-29 (7d)
- 30D breadth change
- -0.7 pp · vs 2026-10-06 (30d)
This is sector-level research context. It does not affect the Insider Signal or ranking.
Insider profile outcomes
The filings for this company do not name the buyer, so past purchases cannot be followed person by person.
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 52.3%
- Beta
- —
- Avg daily volume
- NOK 2.5M
- 20-session drawdown
- -13.7%
- 60-session drawdown
- -34.2%
- Latest volume / prior median
- 2.5×
VALUATION
- Market cap
- NOK 1.5B
- Market cap (EUR ref.)
- €142.0M
- P/E
- 26.3×
FUNDAMENTALS
- Revenue
- $800.9M
- Net income
- $129.2M
- Operating profit
- $170.7M
- Equity
- $589.5M
- Cash
- $60.5M
- Debt
- —
- Operating cash flow
- $163.2M
- Free cash flow
- —
- Profit margin
- 7.3%
- ROE
- 11.2%
- Industry
- Computer Hardware
Prices to 04 Nov 2026: OpenBB/yfinance. From OpenBB/yfinance, captured 03 Nov 2026: Market cap, P/E, Profit margin, ROE, Industry. From the company's annual report ↗, fiscal year ended 31 Dec 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
No cash dividend in the last five years.
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: €226.8k net bought · buyers: 0 · last 2026-11-02
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
3 first published · 0 raised · 0 cut · 4 under 0.5% or no longer listed
| Date | Holder | Published position | What happened |
|---|---|---|---|
| 2026-08-21 | CITADEL SECURITIES (EUROPE) LIMITED | 0.50% → not listed | no longer on the register |
| 2026-08-20 | CITADEL SECURITIES (EUROPE) LIMITED | — → 0.50% | first published |
| 2026-08-04 | CITADEL SECURITIES (EUROPE) LIMITED | 0.50% → not listed | no longer on the register |
| 2026-08-03 | CITADEL SECURITIES (EUROPE) LIMITED | — → 0.50% | first published |
| 2026-07-29 | CITADEL SECURITIES (EUROPE) LIMITED | 0.51% → not listed | no longer on the register |
| 2026-07-24 | CITADEL SECURITIES (EUROPE) LIMITED | — → 0.51% | first published |
| 2026-07-20 | CITADEL SECURITIES (EUROPE) LIMITED | 0.50% → not listed | no longer on the register |
A move is a change in what a holder published. Positions under 0.5% are not published, so a holder under that line can trade without any notice; "notified under 0.5%" does not say whether the position was closed or only cut.
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
No news has been captured for this company.
Regulatory filings
- Insider filing announcement · published 2026-11-02 · trade date 2026-11-02
- Insider filing announcement · published 2025-11-06 · trade date 2025-11-06
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 6, 2025Kjøp
— · —
Published Nov 6, 2025 · Aksje · 157 shares × 66.5 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.
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.
Model & Sources
Signal history
57.9 / 100
Latest recorded score
↓ -1.2 ptssince the first recorded snapshot on 2026-11-03; 2 calendar days observed
- Recorded snapshots
- 3
- First snapshot
- 2026-11-03
There is not yet a 30-calendar-day comparison; earlier scores are not reconstructed. 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?
Less than 30 days of comparable history is available, so factor movement is not yet decomposed.
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 59.1
- 58.5
- 57.9
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-11-03 | 59.1 |
| 2026-11-04 | 58.5 |
| 2026-11-05 | 57.9 |
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% | 0.479; source unavailable, filled with a cohort-neutral value | 16.8 |
| Qualified-buy size | 25% | 0.799 | 20.0 |
| Role informativeness (inverted) | 20% | 0.149; source unavailable, filled with a cohort-neutral value | 3.0 |
| Recency | 10% | 0.812 | 8.1 |
| 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.
Snapshot & identity
- Snapshot date
- 2026-11-05
- Ticker
- APR.OL
- ISIN
- NO0013683821
- Sector
- Technology
- Industry
- Computer Hardware
Company logos by Parqet