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INSIDER PROFILE · DE
Michael Kotzbauer
Management Board Member (Vorstand b) Berichtigung Korrektur Volumen) | Management Board Member (Vorstand) · Initial notification
Profile key: de|michael kotzbauer
Purchase history
- Companies traded
- 1
- Purchases · 12M
- 2
- Purchases · 24M
- 5
- Average purchase
- —
- Gross purchase value
- —
- Last purchase
- 2026-02-11
- Completed 20D events
- 5.0
- Outcome status
- PASS
Latest company: Commerzbank Aktiengesellschaft
Companies: Commerzbank Aktiengesellschaft
Post-purchase outcomes
Benchmark-relative outcomes are available against DAX.
- Excess return = stock return − DAX return over the same period.
- Hit rate = positive excess-return events ÷ 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.
| Period | Completed events | Price coverage | Hit rate | Median excess return | Average excess return | Worst excess return |
|---|---|---|---|---|---|---|
| 5D | 5Developing | 100.0% (5/5) | 60.0% (3/5) | +1.6% | +0.4% | -2.7% |
| 20D | 5Developing | 100.0% (5/5) | 60.0% (3/5) | +9.9% | +8.4% | -3.9% |
| 60D | 5Developing | 100.0% (5/5) | 100.0% (5/5) | +29.0% | +20.3% | +6.1% |
| 120D | 5Developing | 100.0% (5/5) | 100.0% (5/5) | +19.2% | +32.7% | +11.0% |
Research patterns
- First purchase in 12M
- 0/3
- Large purchase ≥ €100k
- 0/5
- Cluster buying · 15D
- 5/5
- Buying the dip · ≥20% below prior 52W high
- 0/5
- Routine / opportunistic
- Not classifiable
Counts are profile-wide, point-in-time research labels. They never affect the insider score or ranking.
Every completed outcome is shown; n<5 is descriptive small-sample evidence and is not scored. Disclosure-level observations published on the same date may share a return path and may not be statistically independent. These results never affect the insider score or ranking.