Stock Trading Canary

Snapshot date: 2026-10-18 · Built: 2026-10-19T15:08:42+00:00 · Publication status: PASS

← Europe ranking · 中文

COMPANY RESEARCH

Volati AB

VOLO.ST · Sweden · Industrials · Conglomerates

INSIDER SIGNAL

Insider activity score:64.6 / 100

5 insiders · 8 purchase events · €2.40m net purchases

Europe #190 · Sweden #49

WHY THIS SIGNAL?

Score anatomy

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

Cluster+29.8 / 35

How many distinct insiders bought in the cluster

Purchase size+23.8 / 25

Purchase value relative to company size and liquidity

Role+19.0 / 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 · assoc involved

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

BUYING PROFILE

8 events · 5 insiders · 180d

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

Percentages are mutually exclusive and sum to 100%.

Buying concentration

77%

Largest buyer:Magnus Suundström · 20.75m SEK
Gross qualified purchase transaction-line value:26.78m SEK

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)

FilerPrice per unitTrade date
Rikard Ahlin23.55 SEKJul 23, 2026
Rikard Ahlin23.51 SEKJul 22, 2026
Magnus Suundström83 SEKApr 29, 2026
Model details

Cluster breakdown (does not change the score)

15-day buyer breadth (count)
3 distinct reported filers
Peak time window
2026-04-29 to 2026-05-08
Current breadth input
0.850 (capped at 4+ buyers)
Buyer independence
Not yet measured; related-party fields are not cross-market comparable

What the filings show

Insider vs stock price

7 purchase day(s), 8 purchase line(s) in the 180-day window.

Daily close (SEK)Day with an insider purchaseTwo or more insiders the same day
20406080May 2026JunJulAugSepOct2026-04-29 · 1 purchase line(s) · 1 insider(s) · close since that day -70.3%2026-05-06 · 2 purchase line(s) · 2 insider(s) · close since that day -70.4%2026-05-07 · 1 purchase line(s) · 1 insider(s) · close since that day -71.0%2026-05-08 · 1 purchase line(s) · 1 insider(s) · close since that day -71.1%2026-07-17 · 1 purchase line(s) · 1 insider(s) · close since that day +5.9%2026-07-22 · 1 purchase line(s) · 1 insider(s) · close since that day +3.4%2026-07-23 · 1 purchase line(s) · 1 insider(s) · close since that day +1.5%24.35last close07 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

3 insiders bought within 10 days, 29 Apr to 8 May: 3 Board member. 2 more bought afterwards. The share closed at 82.00 on the first of those days and at 24.35 most recently (−70.3%). That week 203 companies across Europe disclosed insider purchases, an ordinary week (8 of the last 26).

Several insiders within 15 days: 2026-04-29 – 2026-05-08Magnus SuundströmMagnus SuundströmStyrelseledamotBoard memberBjörn GaratBjörn GaratStyrelseledamotBoard memberChristina TillmanChristina TillmanStyrelseledamotBoard memberMagnus SundströmMagnus SundströmStyrelseledamotBoard memberRikard AhlinRikard AhlinAnnan ledande befattningshavareRole not classified2026-04-29 · Magnus Suundström · purchase · 20,750,000 SEK2026-05-06 · Björn Garat · purchase · 267,720 SEK2026-05-06 · Christina Tillman · purchase · 99,960 SEK2026-05-07 · Björn Garat · purchase · 41,550 SEK2026-05-08 · Björn Garat · purchase · 2,483,083 SEK2026-07-17 · Magnus Sundström · purchase · 2,195,366 SEK2026-07-22 · Rikard Ahlin · purchase · 836,580 SEK2026-07-23 · Rikard Ahlin · purchase · 103,997 SEK2026-04-20 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.

▮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 29 Apr – 8 May, with 3 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, −73.5% over these six months

The closing price of each day, from 92.00 on 2026-04-21 to 24.35 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, −9.1%

Taken from the 457 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 −73.5%, the typical one −9.1%, 64.5 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: 203 companies, number 8 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

3Nov
Dec
Jan
3Feb
1Mar
1Apr
2May
Jun
2Jul
Aug
Sep
Oct

Darker bars are inside the 180-day window above.

Who traded

InsiderRolePurchasesSalesBoughtFirst purchaseShare price sinceEarlier purchases
Magnus SuundströmBoard member1—20.8M SEK2026-04-29−70.3%fewer than 5 completed
Björn GaratBoard member3—2.8M SEK2026-05-06−70.4%12 completed, median −7.0% against peers after 60 sessions
Christina TillmanBoard member1—100.0k SEK2026-05-06−70.4%7 completed, median −7.1% against peers after 60 sessions
Magnus SundströmBoard member1—2.2M SEK2026-07-17+5.9%fewer than 5 completed
Rikard AhlinRole not classified2—940.6k SEK2026-07-22+3.4%fewer than 5 completed
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%0.85029.8
Qualified-buy size25%0.95223.8
Role informativeness (inverted)20%0.0501.0
Recency10%0.0030.0
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.

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, large purchases), while share price and trading argue against (price down over six months). No data is held for: company results, company actions.

  • The insider purchases themselvesBullseveral insiders together, large purchases Bearusual level for this company, buyer's past purchases trailed the benchmark4 checked, under the threshold · 2 missing
  • Share price and tradingBearprice down over six months1 checked, under the threshold
  • Short sellers1 checked, under the threshold
  • Company results2 missing
  • Company actions1 missing

Bull case · the buying is informative

  • 3 insiders bought within 15 days (2026-04-29 to 2026-05-08). 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%).
  • Insiders committed a net €2.4M of their own money in 180 days.

Bear case · discount it

  • Buying at this level is normal here: 5 insiders bought in the previous 180 days and 5 in this one.Record: after 2,869 earlier disclosures like this, the median 60-session excess return was −2.6%, within 1 percentage point of all comparable disclosures (−2.7%).
  • Share price and tradingThe share price is down 72% over six months (three months +1.6%, one month +0.82%). 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%).
  • The 12 earlier purchases by Björn Garat trailed OMX Stockholm 30 by a median 7.0% over the following 60 trading days.

Evidence still missing

  • 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.
  • The next scheduled results are on 2026-10-23. They are the first hard test of either reading.
  • 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 8 purchase lines mentions a plan, but a bare “Förvärv” 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, 2 close to it
  • BearThe largest buyer accounts for 77% of the value bought. Counted for the bear side from 80%. close to the threshold
  • EitherThe latest purchase is 86 days old. Bull up to 14 days, bear from 90. close to the threshold
  • Bear1 of 5 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 +1.6% and the median of 462 Industrials companies changed −0.32%: ahead by 2 points. Counted for the bear side from 20 points behind.
  • BearThe register of Finansinspektionen 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.

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

Signal history

64.6 / 100

Latest recorded score

↓ -4.5 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-5.3 pts
  • Role-1.0 pts
  • Recency-0.2 pts

Signal score history

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

02550751002026-08-26 · 72.22026-08-27 · 72.22026-08-28 · 69.72026-08-31 · 69.52026-09-01 · 69.52026-09-02 · 69.42026-09-03 · 69.42026-09-04 · 69.42026-09-07 · 69.32026-09-08 · 69.22026-09-09 · 69.22026-09-10 · 69.22026-09-11 · 69.22026-09-14 · 69.12026-09-23 · 69.02026-09-24 · 69.02026-09-25 · 68.92026-09-28 · 68.92026-09-29 · 64.62026-09-30 · 64.62026-10-01 · 64.62026-10-02 · 64.62026-10-03 · 64.62026-10-04 · 64.62026-10-05 · 64.62026-10-06 · 64.62026-10-07 · 64.62026-10-08 · 64.62026-10-09 · 64.62026-10-12 · 64.62026-10-13 · 64.62026-10-14 · 64.62026-10-15 · 64.62026-10-16 · 64.62026-10-18 · 64.6Aug 26Sep 07Sep 28Oct 07Oct 18

Recent recorded points

  1. 72.2
  2. 69.3
  3. 68.9
  4. 64.6
  5. 64.6
View all recorded scores
Snapshot dateSignal score
2026-08-2672.2
2026-08-2772.2
2026-08-2869.7
2026-08-3169.5
2026-09-0169.5
2026-09-0269.4
2026-09-0369.4
2026-09-0469.4
2026-09-0769.3
2026-09-0869.2
2026-09-0969.2
2026-09-1069.2
2026-09-1169.2
2026-09-1469.1
2026-09-2369.0
2026-09-2469.0
2026-09-2568.9
2026-09-2868.9
2026-09-2964.6
2026-09-3064.6
2026-10-0164.6
2026-10-0264.6
2026-10-0364.6
2026-10-0464.6
2026-10-0564.6
2026-10-0664.6
2026-10-0764.6
2026-10-0864.6
2026-10-0964.6
2026-10-1264.6
2026-10-1364.6
2026-10-1464.6
2026-10-1564.6
2026-10-1664.6
2026-10-1864.6

Sector context

Industrials

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.

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.

Björn GaratStyrelseledamot | Vice VD12 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D12Developing evidence100.0% (12/12)66.7% (8/12)+1.6%+0.6%-5.1%
20D12Developing evidence100.0% (12/12)50.0% (6/12)+0.3%-5.3%-63.0%
60D12Developing evidence100.0% (12/12)25.0% (3/12)-7.0%-10.1%-77.7%
120D10Developing evidence100.0% (10/10)10.0% (1/10)-24.4%-17.9%-34.0%
First purchase in 12M
1/8
Large purchase ≥ €100k
6/12
Cluster buying · 15D
3/12
Buying the dip · ≥20% below prior 52W high
5/12
Routine / opportunistic
Not classifiable
Christina TillmanStyrelseledamot8 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D8Developing evidence100.0% (8/8)75.0% (6/8)+3.0%+1.6%-6.5%
20D8Developing evidence100.0% (8/8)75.0% (6/8)+1.4%+1.2%-6.0%
60D7Developing evidence100.0% (7/7)42.9% (3/7)-7.1%-19.7%-72.9%
120D6Developing evidence100.0% (6/6)33.3% (2/6)-36.1%-30.5%-80.5%
First purchase in 12M
1/6
Large purchase ≥ €100k
0/8
Cluster buying · 15D
3/8
Buying the dip · ≥20% below prior 52W high
5/7
Routine / opportunistic
Not classifiable
Karl PerlhagenStyrelseledamot3 completed 20D event(s)
PeriodCompleted eventsPrice coverageHit rateMedian excess returnAverage excess returnWorst excess return
5D3Small sample100.0% (3/3)33.3% (1/3)-3.3%-0.6%-4.2%
20D3Small sample100.0% (3/3)33.3% (1/3)-4.6%-2.3%-7.1%
60D3Small sample100.0% (3/3)0.0% (0/3)-33.2%-27.4%-37.8%
120D3Small sample100.0% (3/3)0.0% (0/3)-32.2%-28.2%-33.3%
First purchase in 12M
0/2
Large purchase ≥ €100k
0/3
Cluster buying · 15D
2/3
Buying the dip · ≥20% below prior 52W high
0/3
Routine / opportunistic
Not classifiable

Market context

PRICE PERFORMANCE

1M
+0.8%
3M
+1.6%
6M
-71.7%
12M
-76.4%

VOLATILITY & LIQUIDITY

Volatility
67.3%
Beta
—
Avg daily volume
SEK 2.0M

VALUATION

Market cap
—
P/E
—

FUNDAMENTALS

Profit margin
3.5%
ROE
12.4%
Industry
—

Prices to 13 Oct 2026: price cache (Eulerpool). 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

The Finansinspektionen 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

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

The filing records held for this company carry no link to the original notice.

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

16 qualifying purchase disclosure(s) · 16 transaction line(s)

Jul 23, 2026Förvärv
Rikard Ahlin · Annan ledande befattningshavare
Aktie · 4416.0 shares × 23.55 SEK · —
Jul 22, 2026Förvärv
Rikard Ahlin · Annan ledande befattningshavare
Aktie · 35584.0 shares × 23.51 SEK · —
Jul 17, 2026Förvärv
Magnus Sundström · Styrelseledamot
Aktie · 96288.0 shares × 22.8 SEK · —
Unfold all 13 remaining filing row(s)
Transaction datePublishedFilerRoleTransactionInstrumentPrice (local currency)Quote currencyVolumeSource
2026-05-082026-05-08Björn GaratStyrelseledamotFörvärvAktie82.7005 SEKSEK30025.0—
2026-05-072026-05-08Björn GaratStyrelseledamotFörvärvAktie83.1000 SEKSEK500.0—
2026-05-062026-05-08Björn GaratStyrelseledamotFörvärvAktie83.4019 SEKSEK3210.0—
2026-05-062026-05-06Christina TillmanStyrelseledamotFörvärvAktie83.3 SEKSEK1200.0—
2026-04-292026-04-29Magnus SuundströmStyrelseledamotFörvärvAktie83.0 SEKSEK250000.0—
2026-03-192026-03-19Christina TillmanStyrelseledamotFörvärvAktie77.4 SEKSEK1500.0—
2026-02-162026-02-17Maria Erika EdsmanStyrelseledamotFörvärvAktie85.80 SEKSEK1748.0—
2026-02-132026-02-16Karl Perlhagen ABAnnan ledande befattningshavareFörvärvAktie82.56 SEKSEK150000.0—
2026-02-122026-02-12Christina TillmanStyrelseledamotFörvärvAktie83.46 SEKSEK1500.0—
2025-11-282025-11-30Karl PerlhagenStyrelseledamotFörvärvAktie102.60 SEKSEK3000.0—
2025-11-242025-11-26Karl PerlhagenStyrelseledamotFörvärvAktie104.1143 SEKSEK3500.0—
2025-11-212025-11-24Patrik Gunnarsson WahlénStyrelseordförandeFörvärvAktie105.7147 SEKSEK50000.0—
2025-11-032025-11-03Christina TillmanStyrelseledamotFörvärvAktie106.86 SEKSEK900.0—

Showing 16 of 16 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 6 other transaction(s)

May 3, 2026Förvärv
Andreas Stenbäck · Verkställande direktör (VD)
Teckningsoption · 119610.0 shares × 7.19 SEK · —
May 3, 2026Pantsättning
Andreas Stenbäck · Verkställande direktör (VD)
Teckningsoption · 119610.0 shares × 0.0 SEK · —
May 3, 2026Förvärv
Åsa Holmgren · Annan medlem i bolagets administrations-, lednings- eller kontrollorgan
Teckningsoption · 20862.0 shares × 7.19 SEK · —
Unfold all 3 remaining filing row(s)
Transaction datePublishedFilerRoleTransactionInstrumentPrice (local currency)Quote currencyVolumeSource
2026-05-032026-05-05Åsa HolmgrenAnnan medlem i bolagets administrations-, lednings- eller kontrollorganPantsättningTeckningsoption0.00 SEKSEK20862.0—
2026-05-032026-05-05Charlotta NybergEkonomichef/finanschef/finansdirektörFörvärvTeckningsoption7.19 SEKSEK119610.0—
2026-05-032026-05-05Charlotta NybergEkonomichef/finanschef/finansdirektörPantsättningTeckningsoption0.0 SEKSEK119610.0—

Showing 6 of 6 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
VOLO.ST
ISIN
SE0009143662
Sector
Industrials
Industry
Conglomerates

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