| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 3Small sample | 100.0% (3/3) | 33.3% (1/3) | -2.0% | -2.3% | -5.9% |
| 20D | 3Small sample | 100.0% (3/3) | 33.3% (1/3) | -9.7% | -4.7% | -10.8% |
| 60D | 3Small sample | 100.0% (3/3) | 33.3% (1/3) | -2.7% | +0.4% | -11.0% |
| 120D | 0No data | Awaiting maturity | — | — | — | — |
COMPANY RESEARCH
Kongsberg Maritime ASA
KMAR.OL · Norway · Industrials · Aerospace & Defense
INSIDER SIGNAL
Insider activity score：63.4 / 100
10 insiders · 15 purchase events · €85k net purchases
Europe #214 · Norway #8
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+18.4 / 25
Purchase value relative to company size and liquidity
Role+20.0 / 20
The seniority and relevance of participating insiders
Recency+0.0 / 10
How recently the purchases occurred
Conviction+10.0 / 10
How clearly buying stands out from other activity
What is holding the score back?
- ⚠ Purchase activity is becoming less recent
- ✓ 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
100%
Largest buyer：Per Arthur Sørlie · 899k NOK
Gross qualified purchase transaction-line value：899k NOK
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 |
|---|---|---|
| Lisa Edvardsen Haugan | — | Jul 15, 2026 |
| Johnny Aarseth | — | Jul 14, 2026 |
| Per Arthur Sørlie | 59.93 NOK | May 6, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 6 distinct reported filers
- Peak time window
- 2026-05-06 to 2026-05-12
- 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
Lisa Edvardsen Haugan · 0 NOK · Price — · Jul 15, 2026 - 🟢 Eligible purchase
Johnny Aarseth · 0 NOK · Price — · Jul 14, 2026 - 🟢 Large eligible purchase
Per Arthur Sørlie · 899k NOK · Price 59.93 NOK · May 6, 2026 - 🟡 12 remaining qualified transaction line(s) across 12 disclosure(s)
Insider vs stock price
9 purchase day(s), 15 purchase line(s) in the 180-day window.
Daily close (NOK)Day with an insider purchaseTwo or more insiders the same day
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 |
|---|---|---|---|---|
| 2026-05-06 | 2 | 1,035 +3.5% | too few peers | — |
| 2026-05-07 | 3 | 1,035 +3.5% | too few peers | — |
| 2026-05-08 | 1 | 1,024 +2.4% | too few peers | — |
| 2026-05-12 | 1 | 1,058 +5.8% | too few peers | — |
| 2026-06-09 | 1 | 1,137 +13.7% | too few peers | — |
| 2026-06-10 | 1 | 1,156 +15.6% | too few peers | — |
| 2026-07-13 | 4 | 1,190 +19.0% | too few peers | — |
| 2026-07-14 | 1 | 1,158 +15.8% | too few peers | — |
| 2026-07-15 | 1 | 1,152 +15.2% | too few peers | — |
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 (0 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
6 insiders bought within 7 days, 6 May to 12 May: 3 Board member, 2 Role not classified, 1 CEO / chair. 2 of them bought again later. 4 more bought afterwards. The share closed at 59.34 on the first of those days and at 61.40 most recently (+3.5%). That week 241 companies across Europe disclosed insider purchases, more than in 88% of the last 26 weeks: insiders often buy together when a closed period ends, so the timing alone says less than it seems.
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 filing that states no amount gets the smallest dot.
▮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 6 May – 12 May, with 6 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, −5.0% over these six months
The closing price of each day, from 64.60 on 2026-04-23 to 61.40 on 2026-10-15. 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, −6.3%
Taken from the 101 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 −5.0%, the typical one −6.3%, 1.3 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. The purple bar is the week of the band above: 241 companies, number 3 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
6May
2Jun
5Jul
Aug
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 |
|---|---|---|---|---|---|---|---|
| Per Arthur Sørlie | CEO / chair | 3 | — | 899.0k NOK | 2026-05-06 | +3.5% | fewer than 5 completed |
| Johnny Aarseth | Executive | 2 | — | — | 2026-06-10 | +15.6% | fewer than 5 completed |
| Jan Erik Hoff | CFO | 1 | — | — | 2026-07-13 | +19.0% | fewer than 5 completed |
| Lisa Edvardsen Haugan | CEO / chair | 2 | — | — | 2026-07-13 | +19.0% | fewer than 5 completed |
| Margareth Øvrum | Board member | 1 | — | — | 2026-05-07 | +3.5% | fewer than 5 completed |
| Oda Ellingsen | Board member | 1 | — | — | 2026-05-07 | +3.5% | fewer than 5 completed |
| Anders Bade | Board member | 1 | — | — | 2026-05-08 | +2.4% | fewer than 5 completed |
| Vegard Ryen Skullerud | Board member | 1 | — | — | 2026-06-09 | +13.7% | fewer than 5 completed |
| H & M Hinderaker & Myklebust AS | Role not classified | 2 | — | — | 2026-05-06 | +3.5% | fewer than 5 completed |
| Kricon As | Role not classified | 1 | — | — | 2026-05-06 | +3.5% | fewer than 5 completed |
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% | 0.736 | 18.4 |
| Role informativeness (inverted) | 20% | 0.000 | 0.0 |
| Recency | 10% | 0.001 | 0.0 |
| 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, neither column has changed. 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 (several insiders together, more buyers than usual here, senior executive buying); 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 themselvesBullseveral insiders together, more buyers than usual here, senior executive buying Bearvalue concentrated in one buyer, latest purchase is old2 checked, under the threshold · 3 missing
- Share price and trading2 checked, under the threshold
- Short sellers1 checked, under the threshold
- Company results1 checked, under the threshold · 2 missing
- Company actionsno data held
Bull case · the buying is informative
- 6 insiders bought within 15 days (2026-05-06 to 2026-05-12). 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; 10 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
- Per Arthur Sørlie accounts for 100% of the value bought. The other 9 buyers add names more than money.Record: after 3,396 earlier disclosures like this, the median 60-session excess return was −3.4%, within 1 percentage point of all comparable disclosures (−3.5%).
- The latest purchase was 94 days ago (2026-07-15). A reporting period has passed since, so what the buyers knew then may already be public.
Evidence still missing
- No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
- The company's market value is not captured, so the purchases cannot be stated as a share of the business.
- Only one reading of profitability is held (profit margin 9.8%). 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 15 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: 6
- Bear0 of 10 buyers filed as a person closely associated with a manager. Counted for the bear side from half.
- BearNo insider sale is recorded in the same 180 days.
- BearOver three months the share price changed +18% and the median of 462 Industrials companies changed −0.32%: ahead by 18 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 9.8%. Counted for the bear side when negative.
- BearAbout €6.9M 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.
Signal history
63.4 / 100
Latest recorded score
↓ -0.1 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.
- Recency-0.1 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 64.9
- 63.6
- 63.4
- 63.4
- 63.4
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 64.9 |
| 2026-08-27 | 64.9 |
| 2026-08-28 | 63.8 |
| 2026-08-31 | 63.7 |
| 2026-09-01 | 63.7 |
| 2026-09-02 | 63.7 |
| 2026-09-03 | 63.7 |
| 2026-09-04 | 63.7 |
| 2026-09-07 | 63.6 |
| 2026-09-08 | 63.6 |
| 2026-09-09 | 63.6 |
| 2026-09-10 | 63.6 |
| 2026-09-11 | 63.5 |
| 2026-09-14 | 63.5 |
| 2026-09-23 | 63.4 |
| 2026-09-24 | 63.4 |
| 2026-09-25 | 63.4 |
| 2026-09-28 | 63.4 |
| 2026-09-29 | 63.4 |
| 2026-09-30 | 63.4 |
| 2026-10-01 | 63.4 |
| 2026-10-02 | 63.4 |
| 2026-10-03 | 63.4 |
| 2026-10-04 | 63.4 |
| 2026-10-05 | 63.4 |
| 2026-10-06 | 63.4 |
| 2026-10-07 | 63.4 |
| 2026-10-08 | 63.4 |
| 2026-10-09 | 63.4 |
| 2026-10-12 | 63.4 |
| 2026-10-13 | 63.4 |
| 2026-10-14 | 63.4 |
| 2026-10-15 | 63.4 |
| 2026-10-16 | 63.4 |
| 2026-10-18 | 63.4 |
Sector context
- Buying breadth
- 7.5% (79 / 1,047 issuers)
- Sector rank
- #8 / 12
- 7D breadth change
- -0.3 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 | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | -0.6% | -0.6% | -2.0% |
| 20D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | -2.3% | -2.3% | -10.8% |
| 60D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | +2.0% | +2.0% | -11.0% |
| 120D | 0No data | Awaiting maturity | — | — | — | — |
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | +3.3% | +3.3% | -2.3% |
| 20D | 2Small sample | 100.0% (2/2) | 100.0% (2/2) | +1.5% | +1.5% | +0.6% |
| 60D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | +5.3% | +5.3% | -1.8% |
| 120D | 0No data | Awaiting maturity | — | — | — | — |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 34.6%
- Beta
- —
- Avg daily volume
- NOK 65.5M
VALUATION
- Market cap
- —
- P/E
- 20.3×
FUNDAMENTALS
- Profit margin
- 9.8%
- ROE
- —
- Industry
- Aerospace & Defense
Prices to 16 Oct 2026: OpenBB/yfinance; volume from price cache (yfinance). From OpenBB/yfinance, captured 15 Oct 2026: P/E, Profit margin, Industry. It does not affect the insider score or rank.
Disclosed net short positions
The Finanstilsynet register, read 18 Oct 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' buying price vs the latest close
No purchase price could be compared with the share price (price or share count missing, another currency, or far from that day's close).
Buying size vs market trading
0.00% · of estimated traded value in the same period
2026-09-18 – 2026-10-15 · 20 recorded trading sessions
- Disclosed qualifying purchases
- 0 NOK
- Estimated market traded value
- 1,455,973,925 NOK
Market-data coverage: 123 verified sessions · Latest session: 2026-10-15 · Ratio status: Available
Recent and largest purchase events / preceding 60-session ADTV
- Jul 15 · Lisa Edvardsen Haugan · CEO— · —Some purchases lack a valid value; aggregate ratio withheld.
- Jul 14 · Johnny Aarseth · EVP— · —Some purchases lack a valid value; aggregate ratio withheld.
- Jul 13 · H & M Hinderaker & Myklebust AS · Ivar Hansson Myklebust— · —Some purchases lack a valid value; aggregate ratio withheld.
- Jul 13 · Jan Erik Hoff · Acting CFO— · —Some purchases lack a valid value; aggregate ratio withheld.
- Jul 13 · Lisa Edvardsen Haugan · CEO— · —Some purchases lack a valid value; aggregate ratio withheld.
- Jul 13 · Per Arthur Sørlie · Chair of the board— · —Some purchases lack a valid value; aggregate ratio withheld.
- Jun 10 · Johnny Aarseth · EVP— · —Some purchases lack a valid value; aggregate ratio withheld.
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 2026-07-15 · trade date 2026-07-15
- Insider filing announcement · published 2026-07-14 · trade date 2026-07-14
- Insider filing announcement · published 2026-07-13 · trade date 2026-07-13
Unfold all 15 filings
- Insider filing announcement · published 2026-07-15 · trade date 2026-07-15
- Insider filing announcement · published 2026-07-14 · trade date 2026-07-14
- Insider filing announcement · published 2026-07-13 · trade date 2026-07-13
- Insider filing announcement · published 2026-07-13 · trade date 2026-07-13
- Insider filing announcement · published 2026-07-13 · trade date 2026-07-13
- Insider filing announcement · published 2026-07-13 · trade date 2026-07-13
- Insider filing announcement · published 2026-06-10 · trade date 2026-06-10
- Insider filing announcement · published 2026-06-09 · trade date 2026-06-09
- Insider filing announcement · published 2026-05-12 · trade date 2026-05-12
- Insider filing announcement · published 2026-05-08 · trade date 2026-05-08
- Insider filing announcement · published 2026-05-07 · trade date 2026-05-07
- Insider filing announcement · published 2026-05-07 · trade date 2026-05-07
- Insider filing announcement · published 2026-05-07 · trade date 2026-05-06
- Insider filing announcement · published 2026-05-06 · trade date 2026-05-06
- Insider filing announcement · published 2026-05-06 · trade date 2026-05-06
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
15 qualifying purchase disclosure(s) · 15 transaction line(s)
Jul 15, 2026Kjøp
Lisa Edvardsen Haugan · CEO
Aksje · 5298 shares × — · —
Open filingJul 14, 2026Kjøp
Johnny Aarseth · EVP
Aksje · 5236 shares × — · —
Open filingJul 13, 2026Kjøp
Per Arthur Sørlie · Chair of the board
Aksje · 5126 shares × — · —
Open filingUnfold all 12 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Reported value (local currency) | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-07-13 | 2026-07-13 | Jan Erik Hoff | Acting CFO | Kjøp | Aksje | — | NOK | 4970 | — | Open filing |
| 2026-07-13 | 2026-07-13 | H & M Hinderaker & Myklebust AS | Ivar Hansson Myklebust | Kjøp | Aksje | — | NOK | 48634 | — | Open filing |
| 2026-07-13 | 2026-07-13 | Lisa Edvardsen Haugan | CEO | Kjøp | Aksje | — | NOK | 4865 | — | Open filing |
| 2026-06-10 | 2026-06-10 | Johnny Aarseth | EVP | Kjøp | Aksje | — | NOK | 5442 | — | Open filing |
| 2026-06-09 | 2026-06-09 | Vegard Ryen Skullerud | Employee-elected board member | Kjøp | Aksje | — | NOK | 5364 | — | Open filing |
| 2026-05-12 | 2026-05-12 | Per Arthur Sørlie | Chair of the board | Kjøp | Aksje | — | NOK | 5790 | — | Open filing |
| 2026-05-08 | 2026-05-08 | Anders Bade | Board member | Kjøp | Aksje | — | NOK | 5882 | — | Open filing |
| 2026-05-07 | 2026-05-07 | Oda Ellingsen | Employee-elected board member | Kjøp | Aksje | — | NOK | 5970 | — | Open filing |
| 2026-05-07 | 2026-05-07 | Margareth Øvrum | Board member | Kjøp | Aksje | — | NOK | 5907 | — | Open filing |
| 2026-05-06 | 2026-05-07 | Kricon As | Kristin Helene Holth | Kjøp | Aksje | — | NOK | 6044 | — | Open filing |
| 2026-05-06 | 2026-05-06 | H & M Hinderaker & Myklebust AS | Ivar Hansson Myklebust | Kjøp | Aksje | — | NOK | 601815 | — | Open filing |
| 2026-05-06 | 2026-05-06 | Per Arthur Sørlie | Chair | Kjøp | Aksje | 59.93 NOK | NOK | 15000 | — | Open filing |
Showing 15 of 15 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.
Snapshot & identity
- Snapshot date
- 2026-10-18
- Ticker
- KMAR.OL
- ISIN
- NO0013697029
- Sector
- Industrials
- Industry
- Aerospace & Defense
Company logos by Parqet