2 insiders bought €242k of shares over the last 90 days, the latest filed 27 Aug 2026.
Borussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien, founded in 1909, is a Media & Communication company based in Dortmund, Germany. Its directors and officers file their transactions with BaFin. 2 insiders have disclosed 7 filings since 18 October 2025.
Every open-market trade in the period is a purchase: 7 purchases worth €607k, from 2 insiders, and not a single sale. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. On the buying side, the filings list 1 board member and 1 senior executive among the declarants. The largest single trade was a purchase of €222k by Geske, Bernd, published on 17 December 2025.
For context, the typical company on the same exchange (median of 287 companies) published 5 filings over the same period, against 7 filings here. Over the whole record (from 2025), the tally stands at 11 purchases and no sales.
In all, 2 purchases were made within 30 days of a purchase by another insider of the company. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. The clock since the last published purchase (27 August 2026) now reads 51 days. Between a trade and the moment it shows up on BaFin, the median delay is 8 days. Under the Market Abuse Regulation, managers have three business days to notify their trades.
For comparison within the same sector, see the insider buying recorded at Globalstar, Inc. and Liberty Latin America Ltd. Every figure here comes from the filings published by BaFin and describes the past, not future prices; it is not investment advice.
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.
Transparent value + quality ranking, distinct from the insider signal.
FY ended June 2025 · cache
11 of 11 declarations
Borussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien (ISIN: DE0005493092, ticker: BVB.DE) is one of the very few listed companies globally built around a professional football club. The shares trade on Xetra/Frankfurt (DAX/MDAX/SDAX) in Germany, making BVB a distinctive equity story for investors who follow sports media, sponsorship monetization, ticketing economics and brand-driven consumer businesses. Founded in 1909 in Dortmund, in the Ruhr region, the company evolved from a historic local club into a diversified football business group. Its operational headquarters are in Dortmund, with SIGNAL IDUNA PARK as the core stadium and commercial asset.
BVB’s business model is centered on several revenue pillars: the men’s professional football team, stadium marketing, merchandising, event and catering operations, and football-related business lines. The company states that, in addition to its core activities of playing football and marketing SIGNAL IDUNA PARK, it has built additional football-related activities. Its corporate strategy is aimed at the club’s key stakeholder groups: fans, members and business partners. In practical terms, the model relies on the strength of the BVB brand, the performance of the team, and the ability to convert sporting relevance into recurring commercial income.
From a competitive standpoint, Borussia Dortmund holds a leading position in the Bundesliga due to its large and international fan base, strong stadium attendance and reputation for developing talent. The club’s brand reach is global and gives it an unusual level of visibility for a listed sports asset. At the same time, the investment case remains highly cyclical: results depend on sporting performance, player transfers, broadcast exposure and qualification for European competitions. Those drivers create earnings volatility, which is an important consideration for equity analysts.
Recent developments underline the scale of the business. For fiscal year 2024/25, Borussia Dortmund reported consolidated revenue of EUR 526.0 million, the highest in the company’s history. The company’s 2024/25 sustainability statement describes the business model as broadly diversified, built around professional football, youth development, transfer policy and the commercial exploitation of SIGNAL IDUNA PARK. The report also highlights a structured stakeholder dialogue and a strong focus on governance and sustainability topics. In the market context, BVB is also followed closely for MAR Article 19 director dealings disclosures to BaFin, which reinforces its profile as a governance-sensitive listed issuer. For international investors, BVB.DE is therefore best viewed as a listed sports-entertainment platform with global brand appeal, operating in Germany and exposed to both sporting upside and football-specific risk.
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All recommendationsHeadquarters: Dortmund, Germany · Founded: 1909 · Wikipedia article
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