4 insiders bought €157k of shares over the last 90 days, the latest filed 02 Oct 2026.
Cluster: 2 buyers in 30 daysAmadeus Fire AG, founded in 2003, is a Industry company based in Frankfurt, Germany. Its directors and officers file their transactions with BaFin. 6 insiders have disclosed 14 filings since 18 October 2025.
The flow runs one way only: 6 insiders bought (14 purchases totalling €346k) and nobody sold on the market. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Among those who bought: 3 board members and 3 senior executives. Biggest ticket of the year: €50k, bought by Grimm, Michael and made public on 4 November 2025.
Compared with its exchange (287 companies, median 5 filings), a count of 14 filings is above the norm. Looking back to 2025, when coverage begins, insiders filed 17 purchases and no sales.
Within a 30-day window, 8 purchases overlapped with buying by a second insider. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. The last insider purchase was made public on 2 October 2026, 15 days ago. Typically, a trade is published a median of 1 day after it takes place. The legal deadline for notifying a trade is three business days (MAR article 19).
In the same sector, recent insider purchases at Tennant Co and Butler National Corp also feature in our signals. Every figure here comes from the filings published by BaFin and describes the past, not future prices; it is not investment advice.
Headquarters: Frankfurt, Germany · Founded: 2003
Source: Wikidata (CC0).
+1 other insider
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate Amadeus Fire AG Strong Buy (bullish), based on 3 analysts. Average price target: €49.00.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
17 of 17 declarations
Amadeus Fire AG is a German listed business-services group traded on Xetra/Frankfurt (DAX/MDAX/SDAX) and operating within Germany’s regulatory framework, including MAR Article 19 director-dealing disclosures to BaFin. The company is headquartered in Frankfurt am Main, Germany, and operates exclusively in Germany. Over more than 35 years, it has built a strong reputation as a specialist provider of personnel services and professional training, giving it a niche but well-recognised position in the German labour-market ecosystem.
The Group is organised around two core business segments: Personnel Services and Training. In Personnel Services, Amadeus Fire focuses on specialised temporary staffing, permanent placement, and interim/project management, primarily for commercial, finance and IT profiles. The business model is designed to match qualified candidates with client vacancies quickly and accurately, which is particularly relevant in a market where skilled labour remains structurally scarce, even when corporate hiring appetite is weak. In Training, the Group provides continuing education and retraining across commercial and IT disciplines, with offerings spanning publicly funded training (B2G), corporate training (B2B) and private-individual training (B2C). This combination creates strategic optionality: recruitment services address immediate staffing needs, while training services support longer-term workforce upskilling and employability.
Amadeus Fire’s competitive positioning stems from its specialised focus, nationwide footprint, and the synergies between recruitment and training. The Group reports a broad network of locations across Germany and uses multiple brands and subsidiaries to cover different learner and client segments. In its 2024 annual report, the company stated that it generated revenue of €436.9 million in 2024, with Personnel Services contributing €268.7 million. Management also noted that the market environment in Germany remained challenging, marked by economic uncertainty and restrained corporate hiring. More recent corporate news shows a strategic push into digital B2B learning: in September 2025, Amadeus Fire acquired Masterplan, a SaaS-based e-learning platform, and later announced the acquisition of eduBITES, strengthening its digital and AI-related training capabilities. In early 2026, the Group reported a positive start to the year and reiterated confidence in its 2026 outlook, highlighting expected recovery momentum in Germany and further development of its digital training platform. For investors, Amadeus Fire is best viewed as a specialised German workforce-services and training platform with defensive elements, cyclical sensitivity, and clear exposure to the long-term need for upskilling and labour-market matching.
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