| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 12Developing evidence | 100.0% (12/12) | 25.0% (3/12) | -3.1% | -3.2% | -12.1% |
| 20D | 10Developing evidence | 100.0% (10/10) | 50.0% (5/10) | -4.0% | -1.5% | -28.8% |
| 60D | 10Developing evidence | 100.0% (10/10) | 10.0% (1/10) | -23.5% | -12.4% | -30.1% |
| 120D | 8Developing evidence | 100.0% (8/8) | 12.5% (1/8) | -43.7% | -33.6% | -55.0% |
COMPANY RESEARCH
alzinova AB
ALZ.ST · Sweden · Healthcare · Biotechnology
INSIDER SIGNAL
6 insiders · 11 purchase events · €3k net purchases
Europe #1233 · Sweden #313
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
How many distinct insiders bought in the cluster
Purchase value relative to company size and liquidity
The seniority and relevance of participating insiders
How recently the purchases occurred
How clearly buying stands out from other activity
What is holding the score back?
- ⚠ Buyer breadth is moderate · fewer than 4 distinct filers
- ⚠ Purchase activity is becoming less recent
- ✓ Strong insider role · ceo/chair involved
The role contribution uses the inverted role input of the current European model.
Buying concentration
Largest buyer:Maida Vale Capital AB · 6.73m SEK
Gross qualified purchase transaction-line value:7.46m 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)
| Filer | Price per unit | Trade date |
|---|---|---|
| ESP Life Sciences Consulting AB | 1.56 SEK | Oct 13, 2026 |
| Stefan Pierrou | 1.58 SEK | Oct 13, 2026 |
| Maida Vale Capital AB | 1.26 SEK | Oct 5, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 6 distinct reported filers
- Peak time window
- 2026-10-05 to 2026-10-13
- Current breadth input
- 0.300 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Recent eligible purchase
ESP Life Sciences Consulting AB · 31k SEK · Price 1.56 SEK · Oct 13, 2026 - 🟢 Eligible purchase
Stefan Pierrou · 21k SEK · Price 1.58 SEK · Oct 13, 2026 - 🟢 Large eligible purchase
Maida Vale Capital AB · 6.73m SEK · Price 1.26 SEK · Oct 5, 2026 - 🟡 10 remaining qualified transaction line(s) across 10 disclosure(s)
- 🔴 13 other transaction line(s) are not counted as discretionary-buying evidence; 3 have zero price
Insider vs stock price
8 purchase day(s), 13 purchase line(s) in the 180-day window. 3 sale day(s), 3 sale line(s).
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 |
|---|---|---|---|---|
| 2026-05-22 | 1 | 918 −8.2% | 915 −8.5% | +2 +0.2 pts |
| 2026-05-25 | 1 | 904 −9.6% | 912 −8.8% | −8 −0.8 pts |
| 2026-06-26 | 1 | 796 −20.4% | 963 −3.7% | −166 −16.6 pts |
| 2026-09-24 | 1 | 1,047 +4.7% | 976 −2.4% | +71 +7.1 pts |
| 2026-10-05 | 1 | 1,135 +13.5% | 992 −0.8% | +143 +14.3 pts |
| 2026-10-08 | 3 | 1,001 +0.1% | 1,009 +0.9% | −8 −0.8 pts |
3 of 6 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 (280 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 9 days, 5 Oct to 13 Oct: 2 CEO / chair, 2 Role not classified, 1 CFO, 1 Board member. The share closed at 0.38 on the first of those days and at 0.43 most recently (+13.5%). That week 166 companies across Europe disclosed insider purchases, an ordinary week (20 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 5 Oct – 13 Oct, 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, −23.0% over these six months
The closing price of each day, from 0.56 on 2026-04-21 to 0.43 on 2026-10-09. 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 −23.0%, the typical one −9.1%, 14.0 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: 166 companies, number 20 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 |
|---|---|---|---|---|---|---|---|
| Erik Kullgren | CFO | 4 | — | 438.4k SEK | 2026-05-21 | −11.7% | 10 completed, median −23.5% against peers after 60 sessions |
| Julian Aleksov | CEO / chair | — | 1 | — | — | — | fewer than 5 completed |
| Maida Vale Capital AB | CEO / chair | 1 | 1 | 6.7M SEK | 2026-10-05 | +13.5% | fewer than 5 completed |
| Tord Evert Sigfried Labuda | CEO / chair | 1 | — | 65.5k SEK | 2026-10-08 | +0.1% | 5 completed, median −26.2% against peers after 60 sessions |
| Sebastian Hansson | Board member | 3 | 1 | 173.6k SEK | 2026-05-25 | −9.6% | 8 completed, median −22.6% against peers after 60 sessions |
| ESP Life Sciences Consulting AB | Role not classified | 1 | — | 31.2k SEK | 2026-10-13 | — | fewer than 5 completed |
| Stefan Pierrou | Role not classified | 1 | — | 20.5k SEK | 2026-10-13 | — | fewer than 5 completed |
Purchases against sales
Shares of the reported value of insider transactions in the 180-day window. 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% | 0.300 | 10.5 |
| Qualified-buy size | 25% | 0.518 | 13.0 |
| 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.
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: new on the bear side: small purchases; no longer on the bear side: price down over six months. 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 (senior executive buying, bought in the last two weeks); short sellers were checked and none crosses a bear threshold. No data is held for: share price and trading, company results.
- The insider purchases themselvesBullsenior executive buying, bought in the last two weeks Bearone buyer only, associated persons buying, small purchases, usual level for this company1 checked, under the threshold · 1 missing
- Share price and tradingno data held
- Short sellers1 checked, under the threshold
- Company results2 missing
- Company actionsBearsubscription to new shares
Bull case · the buying is informative
- 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%).
- The latest purchase is 9 days old (2026-10-08). The buying is current, not left over from an earlier quarter.
Bear case · discount it
- Company actions7 of 13 purchase lines are subscriptions to newly issued shares (“Teckning”), bought from the company at an issue price and not in the market. Insiders often take part to support a financing.
- Only one insider bought. A single purchase can reflect that person's own finances rather than a view on the company.Record: after 4,732 earlier disclosures like this, the median 60-session excess return was −2.7%, within 1 percentage point of all comparable disclosures (−3.3%).
- Every buyer is filed as a person closely associated with a manager (family or a holding vehicle), not the manager. This model weights such filers among the least informative.Record: after 1,554 earlier disclosures like this, the median 60-session excess return was −7.4%, 1.6 percentage points below all comparable disclosures (−5.8%).
- All purchases in the window total €2,940: a small commitment in absolute terms.
- Buying at this level is normal here: 8 insiders bought in the previous 180 days and 1 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%).
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 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: 2
- BearNo insider sale is recorded in the same 180 days.
- 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
Latest recorded score
- Recorded snapshots
- 8
- First snapshot
- 2026-10-08
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
- 43.4
- 41.0
- 40.0
- 39.6
- 38.8
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-08 | 43.4 |
| 2026-10-09 | 42.8 |
| 2026-10-12 | 41.0 |
| 2026-10-13 | 40.5 |
| 2026-10-14 | 40.0 |
| 2026-10-15 | 39.6 |
| 2026-10-16 | 39.2 |
| 2026-10-18 | 38.8 |
Sector context
- Buying breadth
- 6.1% (48 / 792 issuers)
- Sector rank
- #11 / 12
- 7D breadth change
- -0.4 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 − 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 | 10Developing evidence | 100.0% (10/10) | 40.0% (4/10) | -2.2% | -1.0% | -10.1% |
| 20D | 8Developing evidence | 100.0% (8/8) | 75.0% (6/8) | +2.2% | -1.1% | -13.5% |
| 60D | 8Developing evidence | 100.0% (8/8) | 25.0% (2/8) | -22.6% | +2.5% | -33.8% |
| 120D | 6Developing evidence | 100.0% (6/6) | 16.7% (1/6) | -31.7% | -21.2% | -55.0% |
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 6Developing evidence | 100.0% (6/6) | 50.0% (3/6) | -0.2% | -1.4% | -10.7% |
| 20D | 5Developing evidence | 100.0% (5/5) | 60.0% (3/5) | +0.1% | -1.3% | -25.1% |
| 60D | 5Developing evidence | 100.0% (5/5) | 0.0% (0/5) | -26.2% | -21.6% | -31.2% |
| 120D | 5Developing evidence | 100.0% (5/5) | 20.0% (1/5) | -47.2% | -28.6% | -52.7% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 173.9%
- Beta
- —
- Avg daily volume
- SEK 1.3M
VALUATION
- Market cap
- —
- P/E
- —
FUNDAMENTALS
- Profit margin
- —
- ROE
- —
- Industry
- —
Prices to 11 Oct 2026: OpenBB/yfinance; volume from price cache (yfinance). 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: 500 verified sessions · Latest session: 2026-10-09 · 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
26 qualifying purchase disclosure(s) · 26 transaction line(s)
Unfold all 23 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-08 | 2026-10-08 | Tord Evert Sigfried Labuda | Verkställande direktör (VD) | Teckning | BTU (betald tecknad unit) | 1.26 SEK | SEK | 52009.0 | — |
| 2026-10-08 | 2026-10-08 | Sebastian Hansson | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Teckning | BTU (betald tecknad unit) | 1.26 SEK | SEK | 35540.0 | — |
| 2026-10-08 | 2026-10-08 | Sebastian Hansson | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Teckning | BTU (betald tecknad unit) | 1.26 SEK | SEK | 21498.0 | — |
| 2026-10-07 | 2026-10-08 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Teckning | BTU (betald tecknad unit) | 1.26 SEK | SEK | 184000.0 | — |
| 2026-10-05 | 2026-10-05 | Maida Vale Capital AB | Styrelseordförande | Teckning | BTU (betald tecknad unit) | 1.26 SEK | SEK | 5344961.0 | — |
| 2026-09-24 | 2026-09-24 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Förvärv | Teckningsrätt/Uniträtt | 0.285 SEK | SEK | 470000.0 | — |
| 2026-06-24 | 2026-06-26 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 0.5288 SEK | SEK | 90000.0 | — |
| 2026-05-25 | 2026-05-25 | Sebastian Hansson | Annan ledande befattningshavare | Förvärv | Aktie | 0.4645 SEK | SEK | 20000.0 | — |
| 2026-05-25 | 2026-05-25 | Sebastian Hansson | Annan ledande befattningshavare | Förvärv | Aktie | 0.4645 SEK | SEK | 23057.0 | — |
| 2026-05-21 | 2026-05-22 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 0.5 SEK | SEK | 50000.0 | — |
| 2026-04-08 | 2026-04-09 | Julian Aleksov | Styrelseordförande | Förvärv | Aktie | 0.7 SEK | SEK | 937500.0 | — |
| 2026-04-01 | 2026-04-02 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 0.599 SEK | SEK | 40000.0 | — |
| 2026-03-13 | 2026-03-17 | Julian Aleksov | Styrelseordförande | Förvärv | BTU (betald tecknad unit) | 2.4 SEK | SEK | 1345000.0 | — |
| 2026-02-25 | 2026-02-27 | Julian Aleksov | Styrelseordförande | Förvärv | BTU (betald tecknad unit) | 2.4 SEK | SEK | 1467239.0 | — |
| 2026-02-23 | 2026-02-25 | Tord Evert Sigfried Labuda | Verkställande direktör (VD) | Teckning | BTU (betald tecknad unit) | 2.40 SEK | SEK | 19200.0 | — |
| 2026-02-20 | 2026-02-23 | Margareth Jorvid | Annan ledande befattningshavare | Teckning | BTU (betald tecknad unit) | 2.40 SEK | SEK | 4010.0 | — |
| 2026-02-20 | 2026-02-23 | Sebastian Hansson | Annan ledande befattningshavare | Teckning | BTA (betald tecknad aktie) | 2.4 SEK | SEK | 9772.0 | — |
| 2026-02-20 | 2026-02-23 | Scientific Intelligence Consulting Öresund AB | Annan ledande befattningshavare | Teckning | BTA (betald tecknad aktie) | 2.4 SEK | SEK | 12240.0 | — |
| 2026-02-20 | 2026-02-23 | Stefan Pierrou | Annan ledande befattningshavare | Teckning | BTU (betald tecknad unit) | 2.40 SEK | SEK | 12010.0 | — |
| 2026-02-20 | 2026-02-23 | Stefan Pierrou | Annan ledande befattningshavare | Teckning | BTU (betald tecknad unit) | 2.40 SEK | SEK | 5932.0 | — |
| 2026-02-20 | 2026-02-23 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Teckning | BTU (betald tecknad unit) | 2.40 SEK | SEK | 20000.0 | — |
| 2026-02-20 | 2026-02-23 | Anders Sandberg | Styrelsesuppleant | Teckning | BTU (betald tecknad unit) | 2.4 SEK | SEK | 20800.0 | — |
| 2025-12-22 | 2025-12-29 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Förvärv | Aktie | 0.8834 SEK | SEK | 40000.0 | — |
Showing 26 of 26 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 14 other transaction(s)
Unfold all 11 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-08 | 2026-06-12 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Lösen ökning | Aktie | 0.32 SEK | SEK | 110000.0 | — |
| 2026-06-08 | 2026-06-12 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Lösen minskning | Teckningsoption | 0.0 SEK | SEK | 110000.0 | — |
| 2026-06-04 | 2026-06-08 | Julian Aleksov | Styrelseordförande | Avyttring | Teckningsoption | 0.02 SEK | SEK | 9375000.0 | — |
| 2026-05-28 | 2026-05-28 | Sebastian Hansson | Annan ledande befattningshavare | Lösen minskning | Teckningsoption | 0.0 SEK | SEK | 29316.0 | — |
| 2026-05-28 | 2026-05-28 | Sebastian Hansson | Annan ledande befattningshavare | Lösen ökning | Aktie | 0.32 SEK | SEK | 29316.0 | — |
| 2026-05-28 | 2026-05-28 | Sebastian Hansson | Annan ledande befattningshavare | Lösen minskning | Teckningsoption | 0.0 SEK | SEK | 78386.0 | — |
| 2026-05-28 | 2026-05-28 | Sebastian Hansson | Annan ledande befattningshavare | Lösen ökning | Aktie | 0.32 SEK | SEK | 78386.0 | — |
| 2026-05-27 | 2026-05-27 | Sebastian Hansson | Annan ledande befattningshavare | Förvärv | Teckningsoption | 0.12 SEK | SEK | 41666.0 | — |
| 2026-05-26 | 2026-05-26 | Erik Kullgren | Ekonomichef/finanschef/finansdirektör | Förvärv | Teckningsoption | 0.115 SEK | SEK | 50000.0 | — |
| 2026-05-25 | 2026-05-27 | Tord Evert Sigfried Labuda | Verkställande direktör (VD) | Förvärv | Teckningsoption | 0.12 SEK | SEK | 49025.0 | — |
| 2026-04-08 | 2026-04-09 | Julian Aleksov | Styrelseordförande | Förvärv | Teckningsoption | 0.10 SEK | SEK | 937500.0 | — |
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.
Snapshot & identity
- Snapshot date
- 2026-10-18
- Ticker
- ALZ.ST
- ISIN
- SE0030587168
- Sector
- Healthcare
- Industry
- Biotechnology
Company logos by Parqet