| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 10Developing evidence | 100.0% (10/10) | 20.0% (2/10) | -0.6% | -0.7% | -4.2% |
| 20D | 10Developing evidence | 100.0% (10/10) | 20.0% (2/10) | -1.1% | -1.9% | -12.0% |
| 60D | 10Developing evidence | 100.0% (10/10) | 10.0% (1/10) | -16.5% | -15.1% | -24.3% |
| 120D | 10Developing evidence | 100.0% (10/10) | 70.0% (7/10) | +0.7% | -0.4% | -16.0% |
COMPANY RESEARCH
Telefonaktiebolaget LM Ericsson
ERIC · Sweden · Technology · Communication Equipment
INSIDER SIGNAL
Insider activity score：55.8 / 100
3 insiders · 3 purchase events · €46k net purchases
Europe #425 · Sweden #120
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
Cluster+21.0 / 35
How many distinct insiders bought in the cluster
Purchase size+17.4 / 25
Purchase value relative to company size and liquidity
Role+13.0 / 20
The seniority and relevance of participating insiders
Recency+0.4 / 10
How recently the purchases occurred
Conviction+10.0 / 10
How clearly buying stands out from other activity
What is holding the score back?
- ⚠ Buyer breadth is moderate · fewer than 4 distinct filers
- ⚠ Insider role contributes less on the current role scale
- ⚠ Purchase activity is becoming less recent
The role contribution uses the inverted role input of the current European model.
Buying concentration
Not worked out: the scoring window holds no qualifying purchase filing, or the purchases are reported in more than one currency.
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 |
|---|---|---|
| Jenny Lindqvist | 96.62 SEK | Aug 31, 2026 |
| Niklas Heuveldop | 11.24 USD | Apr 24, 2026 |
| Erik Ekudden | 11.24 USD | Apr 24, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 2 distinct reported filers
- Peak time window
- 2026-04-24 to 2026-04-24
- 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
- 🟢 Recent eligible purchase
Jenny Lindqvist · 483k SEK · Price 96.62 SEK · Aug 31, 2026 - 🟢 Eligible purchase
Niklas Heuveldop · 2k USD · Price 11.24 USD · Apr 24, 2026 - 🟢 Large eligible purchase
Erik Ekudden · 1k USD · Price 11.24 USD · Apr 24, 2026 - 🔴 13 other transaction line(s) are not counted as discretionary-buying evidence; 13 have zero price
Insider vs stock price
2 purchase day(s), 3 purchase line(s) in the 180-day window.
Daily close (USD)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 |
|---|---|---|---|---|
| 2026-04-21 | 13 | 913 −8.7% | too few peers | — |
| 2026-04-28 | 2 | 934 −6.6% | too few peers | — |
| 2026-08-31 | 1 | 1,046 +4.6% | 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
2 insiders bought on the same day, 24 Apr: 2 Board member. 1 more bought afterwards. The share closed at 11.27 that day and at 10.55 most recently (−6.4%). That week 136 companies across Europe disclosed insider purchases, an ordinary week (26 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 24 Apr, 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, −8.7% over these six months
The closing price of each day, from 11.56 on 2026-04-21 to 10.55 on 2026-10-16. 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.
▂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: 136 companies, number 26 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
13Apr
May
Jun
Jul
1Aug
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 |
|---|---|---|---|---|---|---|---|
| Erik Ekudden | Board member | 1 | — | 1.1k USD | 2026-04-24 | −6.4% | 8 completed, median −13.8% against peers after 60 sessions |
| Niklas Heuveldop | Board member | 1 | — | 1.7k USD | 2026-04-24 | −6.4% | 7 completed, median −13.8% against peers after 60 sessions |
| Jenny Lindqvist | Board member | 1 | — | 483.1k SEK | 2026-08-31 | +4.6% | 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% | 0.600 | 21.0 |
| Qualified-buy size | 25% | 0.696 | 17.4 |
| Role informativeness (inverted) | 20% | 0.350 | 7.0 |
| Recency | 10% | 0.038 | 0.4 |
| 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.
All bull and bear lists, and what followed each line in the past →
Where the evidence comes from
- The insider purchases themselvesBearsmall purchases, usual level for this company, buyer's past purchases trailed the benchmark4 checked, under the threshold · 2 missing
- Share price and trading3 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
Nothing held here goes beyond the fact that an insider bought.
Bear case · discount it
- Net purchases of €46k are <0.01% of the company's market value (€30.4bn): a visible sum, a small one against the business.
- Buying at this level is normal here: 13 insiders bought in the previous 180 days and 3 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%).
- The 8 earlier purchases by Erik Ekudden trailed OMX Stockholm 30 by a median 14% over the following 60 trading days.
Evidence still missing
- Only one reading of profitability is held (profit margin 8.4%). 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 3 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: 9, 1 close to it
- BullAt most 2 insiders bought within any 15 days. Counted for the bull side from 3. close to the threshold
- 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.
- EitherThe latest purchase is 47 days old. Bull up to 14 days, bear from 90.
- BearThe share price changed −7.2% over six months (three months +10%, one month +2.5%) and stands 23% below its 52-week high. Counted for the bear side from a fall of 20%.
- BearOver three months the share price changed +10% and the median of 330 Technology companies changed −2.4%: ahead by 12 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.
- BearProfit margin on the latest captured figures is 8.4%. Counted for the bear side when negative.
- BearAbout €93.8M 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
55.8 / 100
Latest recorded score
↓ -18.2 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-14.0 pts
- Purchase size-0.8 pts
- Recency-3.4 pts
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 68.9
- 76.4
- 71.6
- 71.0
- 55.8
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-08-26 | 68.9 |
| 2026-08-27 | 68.9 |
| 2026-08-28 | 68.9 |
| 2026-08-31 | 80.2 |
| 2026-09-01 | 79.6 |
| 2026-09-02 | 78.9 |
| 2026-09-03 | 78.4 |
| 2026-09-04 | 77.8 |
| 2026-09-07 | 76.4 |
| 2026-09-08 | 76.0 |
| 2026-09-09 | 75.6 |
| 2026-09-10 | 75.2 |
| 2026-09-11 | 74.9 |
| 2026-09-14 | 74.0 |
| 2026-09-23 | 72.2 |
| 2026-09-24 | 72.1 |
| 2026-09-25 | 72.0 |
| 2026-09-28 | 71.6 |
| 2026-09-29 | 71.6 |
| 2026-09-30 | 71.5 |
| 2026-10-01 | 71.4 |
| 2026-10-02 | 71.3 |
| 2026-10-03 | 71.3 |
| 2026-10-04 | 71.3 |
| 2026-10-05 | 71.1 |
| 2026-10-06 | 71.0 |
| 2026-10-07 | 71.0 |
| 2026-10-08 | 70.9 |
| 2026-10-09 | 70.9 |
| 2026-10-12 | 70.8 |
| 2026-10-13 | 70.7 |
| 2026-10-14 | 70.7 |
| 2026-10-15 | 55.8 |
| 2026-10-16 | 55.8 |
| 2026-10-18 | 55.8 |
Sector context
- Buying breadth
- 6.0% (44 / 734 issuers)
- Sector rank
- #12 / 12
- 7D breadth change
- -1.2 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 | 8Developing evidence | 100.0% (8/8) | 25.0% (2/8) | -1.0% | -0.5% | -3.0% |
| 20D | 8Developing evidence | 100.0% (8/8) | 62.5% (5/8) | +1.1% | +3.1% | -2.6% |
| 60D | 8Developing evidence | 100.0% (8/8) | 12.5% (1/8) | -13.8% | -11.7% | -17.3% |
| 120D | 7Developing evidence | 87.5% (7/8) | 71.4% (5/7) | +4.3% | +0.5% | -14.1% |
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 7Developing evidence | 100.0% (7/7) | 14.3% (1/7) | -1.0% | -0.9% | -3.0% |
| 20D | 7Developing evidence | 100.0% (7/7) | 57.1% (4/7) | +1.4% | +3.5% | -2.6% |
| 60D | 7Developing evidence | 100.0% (7/7) | 0.0% (0/7) | -13.8% | -14.1% | -17.3% |
| 120D | 6Developing evidence | 85.7% (6/7) | 66.7% (4/6) | +3.1% | -0.3% | -14.1% |
Market context
PRICE PERFORMANCE
VOLATILITY & LIQUIDITY
- Volatility
- 36.4%
- Beta
- 0.51
- Avg daily volume
- $108.3M
VALUATION
- Market cap
- $34.2B
- P/E
- 17.0×
FUNDAMENTALS
- Profit margin
- 8.4%
- ROE
- 18.1%
- Industry
- Communication Equipment
Prices to 18 Oct 2026: OpenBB/yfinance. From OpenBB/yfinance, captured 16 Oct 2026: Market cap, P/E, Profit margin, ROE, Beta, Industry. 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
Insiders paid 11.24 USD a share on average (2 purchase lines, 2 buyers, 2026-04-24 – 2026-04-24). The close on 2026-10-16 was 6.1% below that price.
Prices paid are weighted by shares and taken from the filings; dividends are not counted. Not scored.
Buying size vs market trading
0.00% · of estimated traded value in the same period
2026-09-21 – 2026-10-16 · 20 recorded trading sessions
- Disclosed qualifying purchases
- 0 USD
- Estimated market traded value
- 2,112,051,304 USD
Market-data coverage: 501 verified sessions · Latest session: 2026-10-16 · Ratio status: Available
Recent and largest purchase events / preceding 60-session ADTV
- Apr 24 · Erik Ekudden · Annan medlem i bolagets administrations-, lednings- eller kontrollorgan1,126 USD · <0.01%113,119,227 USD ADTV
- Apr 24 · Niklas Heuveldop · Annan medlem i bolagets administrations-, lednings- eller kontrollorgan1,663 USD · <0.01%113,119,227 USD 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.
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)
Aug 31, 2026Förvärv
Jenny Lindqvist · Annan medlem i bolagets administrations-, lednings- eller kontrollorgan
Aktie · 5000.0 shares × 96.62 SEK · —
Apr 24, 2026Förvärv
Niklas Heuveldop · Annan medlem i bolagets administrations-, lednings- eller kontrollorgan
Aktie · 147.95491 shares × 11.24 USD · —
Apr 24, 2026Förvärv
Erik Ekudden · Annan medlem i bolagets administrations-, lednings- eller kontrollorgan
Aktie · 100.17133 shares × 11.24 USD · —
Unfold all 13 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-04-17 | 2026-04-21 | Scott Dresser | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Förvärv | Aktie | 105.6997 SEK | SEK | 585.26974 | — |
| 2026-04-17 | 2026-04-21 | Andres Vicente Ranz | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Förvärv | Aktie | 105.6997 SEK | SEK | 22.83667 | — |
| 2026-04-17 | 2026-04-21 | Åsa Tamsons | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Förvärv | Aktie | 105.6997 SEK | SEK | 135.96282 | — |
| 2026-04-17 | 2026-04-21 | Chafic Nassif | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Förvärv | Aktie | 105.6997 SEK | SEK | 81.90505 | — |
| 2026-04-17 | 2026-04-21 | Jenny Lindqvist | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Förvärv | Aktie | 105.6997 SEK | SEK | 12.57806 | — |
| 2026-04-17 | 2026-04-21 | Patrick Johansson | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Förvärv | Aktie | 105.6997 SEK | SEK | 28.1796 | — |
| 2026-04-17 | 2026-04-21 | Loredana Roslund | Arbetstagarrepresentant i styrelsen eller arbetstagarsuppleant | Förvärv | Aktie | 105.6997 SEK | SEK | 35.47694 | — |
| 2026-04-17 | 2026-04-21 | Per Narvinger | Vice VD | Förvärv | Aktie | 105.6997 SEK | SEK | 304.44034 | — |
| 2026-04-17 | 2026-04-21 | Niklas Heuveldop | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Förvärv | Aktie | 105.6997 SEK | SEK | 1320.23347 | — |
| 2026-04-17 | 2026-04-21 | Annika Salomonsson | Arbetstagarrepresentant i styrelsen eller arbetstagarsuppleant | Förvärv | Aktie | 105.6997 SEK | SEK | 30.48323 | — |
| 2026-04-17 | 2026-04-21 | Christopher John Houghton | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Förvärv | Aktie | 105.6997 SEK | SEK | 0.01062 | — |
| 2026-04-17 | 2026-04-21 | Stefan Wänstedt | Arbetstagarrepresentant i styrelsen eller arbetstagarsuppleant | Förvärv | Aktie | 105.6997 SEK | SEK | 49.34633 | — |
| 2026-04-17 | 2026-04-21 | Erik Ekudden | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Förvärv | Aktie | 105.6997 SEK | SEK | 677.21211 | — |
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 13 other transaction(s)
Jul 20, 2026Tilldelning
Åsa Tamsons · Annan medlem i bolagets administrations-, lednings- eller kontrollorgan
Aktie · 23918.0 shares × 0.0 SEK · —
May 18, 2026Tilldelning
yosef Cohen · Annan medlem i bolagets administrations-, lednings- eller kontrollorgan
Aktie · 19644.0 shares × 0.0 SEK · —
May 18, 2026Tilldelning
Charlotte Levert · Annan medlem i bolagets administrations-, lednings- eller kontrollorgan
Aktie · 2888.0 shares × 0.0 SEK · —
Unfold all 10 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-05-18 | 2026-05-20 | Scott Dresser | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Tilldelning | Aktie | 0.0 SEK | SEK | 110084.0 | — |
| 2026-05-18 | 2026-05-20 | Andres Vicente Ranz | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Tilldelning | Aktie | 0.0 SEK | SEK | 15037.0 | — |
| 2026-05-18 | 2026-05-20 | Erik Ekudden | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Tilldelning | Aktie | 0.0 SEK | SEK | 10745.0 | — |
| 2026-05-18 | 2026-05-20 | Per Narvinger | Vice VD | Tilldelning | Aktie | 0.0 SEK | SEK | 23383.0 | — |
| 2026-05-18 | 2026-05-20 | Patrick Johansson | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Tilldelning | Aktie | 0.0 SEK | SEK | 10041.0 | — |
| 2026-05-18 | 2026-05-20 | Erik Borje Ekholm | Verkställande direktör (VD) | Tilldelning | Aktie | 0.0 SEK | SEK | 216762.0 | — |
| 2026-05-18 | 2026-05-20 | Christopher John Houghton | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Tilldelning | Aktie | 0.0 SEK | SEK | 20108.0 | — |
| 2026-05-18 | 2026-05-20 | Chafic Nassif | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Tilldelning | Aktie | 0.0 SEK | SEK | 8356.0 | — |
| 2026-05-18 | 2026-05-20 | Jenny Lindqvist | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Tilldelning | Aktie | 0.0 SEK | SEK | 18509.0 | — |
| 2026-05-18 | 2026-05-20 | Niklas Heuveldop | Annan medlem i bolagets administrations-, lednings- eller kontrollorgan | Tilldelning | Aktie | 0.0 SEK | SEK | 45041.0 | — |
Showing 13 of 13 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
- ERIC
- ISIN
- US2948216088
- Sector
- Technology
- Industry
- Communication Equipment
Company logos by Parqet