| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 5Developing evidence | 100.0% (5/5) | 40.0% (2/5) | -0.6% | -0.1% | -4.5% |
| 20D | 5Developing evidence | 100.0% (5/5) | 40.0% (2/5) | -0.8% | +0.6% | -3.0% |
| 60D | 5Developing evidence | 100.0% (5/5) | 80.0% (4/5) | +10.8% | +8.1% | -2.7% |
| 120D | 4Small sample | 100.0% (4/4) | 75.0% (3/4) | +12.7% | +9.9% | -0.1% |
COMPANY RESEARCH
Nimbus Group AB (publ)
BOAT.ST · Sweden · Consumer Cyclical · Recreational Vehicles
Insider Signal
Snapshot: 05 Nov 2026 · 180-day research window
- Insider Signal
- 54.1 / 100 Research score, not a buy recommendation
- Reported buyers
- 3 180-day scoring window
- Net purchases
- 55.3k EUR 180 days · purchases less sales
- Latest disclosure
- 2026-10-27 Publication date
- 3 reported buyers participated in qualifying purchases during the last 180 days.
Price vs insider buying
BOAT.ST · SEK● 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 (more buyers than usual here, large purchases, senior executive buying, bought in the last two weeks), while company results argue against (loss-making). No data is held for: company actions.
- The insider purchases themselvesBullmore buyers than usual here, large purchases, senior executive buying, bought in the last two weeks4 checked, under the threshold · 3 missing
- Share price and tradingBearthinly traded2 checked, under the threshold
- Short sellers1 checked, under the threshold
- Company resultsBearloss-making1 missing
- Company actionsno data held
Bull case · the buying is informative
- No insider bought in the 180 days before this window; 3 have bought in it. The buying is new for this company, not a habit.Record: after 3,282 earlier disclosures like this, the median 60-session excess return was −2.5%, within 1 percentage point of all comparable disclosures (−2.7%).
- Net purchases of €55k equal 0.12% of the company's market value (€45.6M): large for the size of the business.
- 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 8,812 earlier disclosures like this, the median 60-session excess return was −3.1%, within 1 percentage point of all comparable disclosures (−3.4%).
- The latest purchase is 9 days old (2026-10-27). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- Company resultsThe company is loss-making on the latest captured figures: profit margin −6.6%, return on equity −8.0%.
- Share price and tradingAbout €26k 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
- 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 −6.6%). 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 14 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: 7, 1 close to it
- BullAt most 2 insiders bought within any 15 days. Counted for the bull side from 3. close to the threshold
- BearThe largest buyer accounts for 41% of the value bought. Counted for the bear side from 80%.
- Bear0 of 3 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.
- BearThe share price changed −7.4% over six months (three months +5.3%, one month +0.42%) and stands 24% below its 52-week high. Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed +5.3% and the median of 349 Consumer Cyclical companies changed −2.5%: ahead by 8 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.
Who is trading?
Named filings in 180 days. Purchase values are summed only when complete and in one currency.
| Insider | Transaction activity | Purchase value | Latest trade | Details | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lars Mikael MårtenssonCFO | 4 buy · 0 sell | 248.4k SEK | 2026-10-27 | View transactions · 4
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Christian JohanssonCFO | 7 buy · 0 sell | 240.9k SEK | 2026-09-04 | View transactions · 7
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Johan IndenCEO / chair | 3 buy · 0 sell | 118.1k SEK | 2026-09-04 | View transactions · 3
|
INSIDER SIGNAL
3 insiders · 12 purchase events · €55k net purchases
Europe #470 · Sweden #127
WHY THIS SIGNAL?
Score anatomy
Each bar is that part's points in the score; the five parts add up to the score.
How many different insiders bought within 15 days
The value bought, net of any insider sales
Lower in the company scores higher: in the backtest, purchases by the most senior insiders did worse
How long ago the latest purchase took place
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: CEO / chair; the most senior score lowest
- ⚠ The latest purchase was some time ago
Buyers' roles follow the European ranking's order of roles: the most senior insiders score lowest.
Buying concentration
Largest buyer:Lars Mikael Mårtensson · 248k SEK
Purchases counted, before sales:607k SEK
The amount at the top of the page is purchases minus sales; this one counts purchases only, in the filing currency, so the two can differ. The score counts how many people bought; this shows separately who bought the most.
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 |
|---|---|---|
| Lars Mikael Mårtensson | 11.85 SEK | Oct 27, 2026 |
| Lars Mikael Mårtensson | 11.95 SEK | Oct 26, 2026 |
| Christian Johansson | 12.02 SEK | May 28, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 2 distinct reported filers
- Peak time window
- 2026-05-27 to 2026-06-02
- Current breadth input
- 0.600 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Latest purchase counted
Lars Mikael Mårtensson · 71k SEK · Price 11.85 SEK · Oct 27, 2026 - 🟢 Purchase counted
Lars Mikael Mårtensson · 60k SEK · Price 11.95 SEK · Oct 26, 2026 - 🟢 Large purchase counted
Christian Johansson · 83k SEK · Price 12.02 SEK · May 28, 2026 - 🟡 11 more purchase line(s) counted, from 11 filing(s)
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
- 0 / 15
- Median disclosure lag
- 1 days
- Latest disclosure age
- 9 days at snapshot
- Corrections / revisions
- 0
- Score-factor detail
- Saved
Insider timeline
2 insiders bought on the same day, 4 Sep: 1 CFO, 1 CEO / chair. 1 more bought afterwards. The share closed at 12.00 that day and at 11.90 most recently (−0.8%). That week 196 companies across Europe disclosed insider purchases, an ordinary week (10 of the last 26).
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 4 Sep, with 2 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, −8.1% over these six months
The closing price of each day, from 12.95 on 2026-05-11 to 11.90 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, −6.5%
Taken from the 738 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 −8.1%, the typical one −6.5%, 1.7 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: 196 companies, number 10 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
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since | Earlier purchases |
|---|---|---|---|---|---|---|---|
| Christian Johansson | CFO | 5 | — | 240.9k SEK | 2026-05-27 | −2.5% | fewer than 5 completed |
| Johan Inden | CEO / chair | 3 | — | 118.1k SEK | 2026-05-27 | −2.5% | fewer than 5 completed |
| Lars Mikael Mårtensson | CFO | 4 | — | 248.4k SEK | 2026-10-22 | +2.1% | fewer than 5 completed |
Insiders' buying price vs the latest close
Insiders paid 11.91 SEK a share on average (14 purchase lines, 3 buyers, 2026-05-27 – 2026-10-27). The close on 2026-11-04 was 0.1% below that price.
The latest purchase (2026-10-27) was at 11.85 SEK; the close was 0.4% 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
4.35% · of estimated traded value in the same period
2026-10-08 – 2026-11-04 · 20 recorded trading sessions
- Disclosed qualifying purchases
- 248,400 SEK
- Estimated market traded value
- 5,707,694 SEK
Market-data coverage: 505 verified sessions · Latest session: 2026-11-04 · Ratio status: Available
Recent and largest purchase events / preceding 60-session ADTV
- Oct 27 · Lars Mikael Mårtensson · Ekonomichef/finanschef/finansdirektör71,100 SEK · 48.88%145,453 SEK ADTV
- Oct 26 · Lars Mikael Mårtensson · Ekonomichef/finanschef/finansdirektör59,750 SEK · 41.25%144,838 SEK ADTV
- Oct 23 · Lars Mikael Mårtensson · Ekonomichef/finanschef/finansdirektör59,000 SEK · 41.03%143,808 SEK ADTV
- Oct 22 · Lars Mikael Mårtensson · Ekonomichef/finanschef/finansdirektör58,550 SEK · 47.78%122,528 SEK ADTV
- Sep 04 · Christian Johansson · Ekonomichef/finanschef/finansdirektör72,000 SEK · 64.57%111,502 SEK ADTV
- Sep 04 · Johan Inden · Verkställande direktör (VD)59,000 SEK · 52.91%111,502 SEK ADTV
- Jun 02 · Christian Johansson · Ekonomichef/finanschef/finansdirektör48,800 SEK · 15.59%313,109 SEK ADTV
- May 28 · Christian Johansson · Ekonomichef/finanschef/finansdirektör82,722 SEK · 26.39%313,473 SEK 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
- 8.2% (41 / 503 issuers)
- Sector rank
- #7 / 12
- 7D breadth change
- -0.6 pp · vs 2026-10-29 (7d)
- 30D breadth change
- -3.7 pp · vs 2026-10-06 (30d)
This is sector-level research context. It does not affect the Insider Signal or ranking.
Insider profile outcomes
Historical performance following insider filings. The company role is translated below each name while preserving the original title.
- Excess return = stock return − OMX Stockholm 30 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 | 4Small sample | 100.0% (4/4) | 75.0% (3/4) | +3.2% | +3.1% | -6.8% |
| 20D | 4Small sample | 100.0% (4/4) | 50.0% (2/4) | -0.1% | -0.5% | -9.3% |
| 60D | 3Small sample | 100.0% (3/3) | 0.0% (0/3) | -16.4% | -19.8% | -30.4% |
| 120D | 2Small sample | 100.0% (2/2) | 50.0% (1/2) | -14.0% | -14.0% | -29.8% |
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 3Small sample | 100.0% (3/3) | 100.0% (3/3) | +8.9% | +7.3% | +0.1% |
| 20D | 3Small sample | 100.0% (3/3) | 33.3% (1/3) | -1.7% | -0.7% | -1.9% |
| 60D | 2Small sample | 100.0% (2/2) | 0.0% (0/2) | -10.2% | -10.2% | -12.6% |
| 120D | 0No data | Awaiting maturity | — | — | — | — |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 46.8%
- Beta
- 1.30
- Avg daily volume
- SEK 180,959.1
- 20-session drawdown
- -5.5%
- 60-session drawdown
- -7.8%
- Latest volume / prior median
- 2.1×
VALUATION
- Market cap
- SEK 500.9M
- Market cap (EUR ref.)
- €45.6M
- P/E
- —
FUNDAMENTALS
- Revenue
- —
- Net income
- —
- Operating profit
- —
- Equity
- —
- Cash
- —
- Debt
- —
- Operating cash flow
- —
- Free cash flow
- —
- Profit margin
- -6.6%
- ROE
- -8.0%
- Industry
- Recreational Vehicles
Prices to 04 Nov 2026: price cache (yfinance). From OpenBB/yfinance, captured 29 Oct 2026: Market cap, Profit margin, ROE, Beta, Industry. 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
- Last 12 months
- None in 12 months
- Payout ratio
- —loss-making
- Latest ex-dividend
- 2022-05-19SEK 1.50
- By year
By year
| Year | Payments | Cash per share |
|---|---|---|
| 2022 | 1 | SEK 1.50 |
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 Finansinspektionen 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: €55.3k net bought · buyers: 3 · last 2026-10-27
Short sellers
Nothing at or above the publication threshold is on the Finansinspektionen register (read 2026-11-06).
Moves by named holders, last 12 months
No named holder's published position changed in the last 12 months.
Source: Finansinspektionen, 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
The filing records held for this company carry no link to the original notice.
Search FI register ↗ · Search the Swedish regulator's register by issuer and trade date; this is a register link, not a direct notice URL.
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
14 qualifying purchase disclosure(s) · 14 transaction line(s)
Unfold all 11 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-22 | 2026-10-22 | Lars Mikael Mårtensson | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 11.71 SEK | SEK | 5000.0 | Search FI register |
| 2026-09-04 | 2026-09-07 | Johan Inden | Verkställande direktör (VD) | Förvärv | Aktie | 11.80 SEK | SEK | 5000.0 | Search FI register |
| 2026-09-04 | 2026-09-07 | Christian Johansson | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 12.00 SEK | SEK | 6000.0 | Search FI register |
| 2026-06-02 | 2026-06-04 | Christian Johansson | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 12.25 SEK | SEK | 2000.0 | Search FI register |
| 2026-06-02 | 2026-06-04 | Christian Johansson | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 12.15 SEK | SEK | 1000.0 | Search FI register |
| 2026-06-02 | 2026-06-04 | Christian Johansson | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 12.15 SEK | SEK | 1000.0 | Search FI register |
| 2026-05-29 | 2026-05-29 | Christian Johansson | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 12.50 SEK | SEK | 805.0 | Search FI register |
| 2026-05-29 | 2026-05-29 | Johan Inden | Verkställande direktör (VD) | Förvärv | Aktie | 12.55 SEK | SEK | 1498.0 | Search FI register |
| 2026-05-28 | 2026-05-29 | Christian Johansson | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 12.02 SEK | SEK | 6882.0 | Search FI register |
| 2026-05-27 | 2026-05-29 | Christian Johansson | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 11.80 SEK | SEK | 2313.0 | Search FI register |
| 2026-05-27 | 2026-05-29 | Johan Inden | Verkställande direktör (VD) | Förvärv | Aktie | 11.50 SEK | SEK | 3502.0 | Search FI register |
Showing 14 of 14 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)
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.
Follow new disclosures
Subscribe to new Europe disclosures. These are market-wide RSS feeds, not company-specific alerts.
Model & Sources
Signal history
Latest recorded score
- Recorded snapshots
- 5
- First snapshot
- 2026-10-28
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
- 58.0
- 57.4
- 54.9
- 54.4
- 54.1
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-28 | 58.0 |
| 2026-10-29 | 57.4 |
| 2026-11-03 | 54.9 |
| 2026-11-04 | 54.4 |
| 2026-11-05 | 54.1 |
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% | 0.600 | 21.0 |
| Qualified-buy size | 25% | 0.708 | 17.7 |
| Role informativeness (inverted) | 20% | 0.000 | 0.0 |
| Recency | 10% | 0.536 | 5.4 |
| 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
- BOAT.ST
- ISIN
- SE0015407390
- Sector
- Consumer Cyclical
- Industry
- Recreational Vehicles
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