1 insider bought €35k of shares over the last 90 days, the latest filed 28 Sept 2026.
DLB - Anlageservice Aktiengesellschaft, classified in the Finance & Banking sector, is a listed company. Its insiders report their share dealings to BaFin. Over the twelve months to 18 October 2026, 6 filings were filed, from 1 insider.
Not one open-market sale was filed. On the buying side, 1 insider reported 6 purchases totalling €72k. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The buyers include 1 board member. The largest single trade was a purchase of €19k by Pichler, Walter, published on 2 September 2026.
The last insider purchase was made public on 28 September 2026, 19 days ago. Between a trade and the moment it shows up on BaFin, the median delay is 1 day. For comparison, MAR article 19 gives managers three business days to notify a trade.
Compared with its exchange (287 companies, median 5 filings), a count of 6 filings is above the norm. The full history, which starts in 2025, counts 8 purchases against no sales.
For comparison within the same sector, see the insider buying recorded at First Guaranty Bancshares, Inc. and BCB Bancorp Inc. This summary is built from BaFin disclosures alone and does not predict where the share price will go.
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DLB - Anlageservice Aktiengesellschaft is a German listed investment-services and participation company traded on Xetra/Frankfurt (DAX/MDAX/SDAX) under the ticker DLB.DE. Founded in 1986 in Augsburg and administratively based in Prem, Bavaria since 1995, the company operates in Germany with a compact balance-sheet-oriented structure and a relatively concentrated shareholder base. Its business model is centered on providing services to group companies and managing a portfolio of equity investments and financial assets. Management states that the portfolio focus is on German and Austrian small- and mid-cap companies selected according to value-investing principles, supplemented by investments in precious metals and high-dividend opportunities. ([dlb-ag.com](https://www.dlb-ag.com/))
DLB is not a conventional operating industrial company or retail bank. It is better understood as an active listed holding and investment vehicle with a service component. The company provides substantial services to its subsidiaries Focus-Industrie-Beteiligungs AG and AB Effectenbeteiligungen AG, while also running its own capital-allocation strategy across quoted equities. That makes DLB a niche player in the German small-cap investment universe, where performance is driven by portfolio selection, dividend income, realized gains, and balance-sheet discipline rather than by traditional top-line growth. ([dlb-ag.com](https://www.dlb-ag.com/unternehmen/))
Recent company disclosures point to improving earnings momentum. For fiscal 2024, DLB reported a higher net profit and a positive operating performance, although still below the strongest large-cap market benchmarks. The company proposed an unchanged dividend of €0.60 per share for 2024, and management highlighted a stronger 2025 start, with operating performance around 21% during the current year-to-date period, ahead of the DAX and SDAX. Net asset value per share also increased, which remains a key metric for value-oriented investors. ([sf71ca6108cd3d9d4.jimcontent.com](https://sf71ca6108cd3d9d4.jimcontent.com/download/version/1743712190/module/12276931095/name/Corp.%20News%202025.03.04.pdf))
For investors, DLB should be viewed primarily as a low-liquidity, NAV-driven special situation rather than a classic growth stock. The limited trading volume can create a persistent discount to intrinsic value, so the investment case depends heavily on portfolio execution, capital allocation, and the company’s ability to sustain value creation in German and Austrian small caps. Recent updates reinforce the picture of a small but seasoned investment house with a long operating history and a clearly defined niche. ([dlb-ag.com](https://www.dlb-ag.com/unternehmen/))
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