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No insider purchase over the last 90 days. The latest was filed 14 Oct 2025.
Ernst Russ AG: what insiders have been doing
This page follows insider dealings at Ernst Russ AG as filed with BaFin, a company from the Industry sector. From 18 October 2025 to 18 October 2026, the disclosure feed for Ernst Russ AG logged 2 filings by 2 insiders.
Only sales appear on the open market, 2 sales in all totalling €9.0M, filed by 2 insiders. At €8.7M, the sale published on 28 May 2026 by MS CORDULA Schiffahrtsgesellschaft mbH & Co. KG is the largest of the period (3.1% of market cap).
Compared with its exchange (287 companies, median 5 filings), a count of 2 filings is below the norm. Over the whole record (from 2025), the tally stands at 4 purchases and 2 sales.
A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify.
Elsewhere in the same sector, our signals recently picked up insider purchases at Tennant Co and Butler National Corp. This summary is built from BaFin disclosures alone and does not predict where the share price will go.
Insider Decl.
6
Thresholds
n/a
Buy Volume
€200,173
4 ops. · all time
Sell Volume
€9M
2 ops. · all time
Who traded when
BuySaleJoseph Schuchmann4 buys
Dr. Christopher Eilers1 buy
Jochen Döhle1 sale
MS CORDULA Schiffahrtsgesellschaft mbH & Co. KG1 sale
Since the insiders bought
- +37.6%Entry €6.76 · Close 16 Oct 2026 €9.30
- +37.6%Entry €6.76 · Close 16 Oct 2026 €9.30
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.
Analyst consensus: bullish or bearish?
Analysts rate Ernst Russ AG Buy (bullish), based on 3 analysts. Average price target: €14.07.
Fundamental score
Ranked 197 of 24,148 companies
88.4
score / 100
Value93
Quality84
FCF yld12%
Earn yld21%
EV/EBITDA2.8x
ROE26%
Gross mgn33%
Net mgn46%
Debt/EBITDA0.0x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
€10.20
Analyst consensus
3 analystsBuy
€13.50Target €14.07(+38%)€14.50
Income statement
Revenue€158.1M
Gross profit€51.4M33% margin
EBITDA€124.5M79% margin
Net income€73.5M37.5% margin
Valuation
PER (trailing)5.9x
PER (forward)12.8x
P/Book1.3x
Beta1.30
Balance sheet & cash
Market cap€343.6M
Total debt€1.9M
Free Cash Flow€41.1M
Debt / Equity1%
Profitability & ownership
ROE25.6%
ROA6.3%
% insiders72.0%
% institutions3.4%
Last declaration on 28 May 2026
Declarations6 total
1,063,611 shares@ €8.203.07% mcap100.0% of flowShareISIN DE000A161077BAFIN:40003565-5988d0f2edbe
37,365 shares@ €8.200.11% mcap100.0% of flowShareISIN DE000A161077BAFIN:40003565-26ab14af7220
7,692 shares@ €6.80100.0% of flowShareBörse DüsseldorfISIN DE000A161077BAFIN:40003565-61e9decf849e
Canonical exit: 8 Jan 2026 (T+90)
2,161 shares@ €6.9410.1% of flowShareHanseatische Wertpapierbörse HamburgISIN DE000A161077BAFIN:40003565-cd57bc3a1cf6
Canonical exit: 10 Dec 2025 (T+90)
16,655 shares@ €7.4083.3% of flowShareISIN DE000A161077BAFIN:40003565-3459b5b9e1d2
Canonical exit: 8 Oct 2025 (T+90)
1,278 shares@ €7.536.5% of flowShareHanseatische Wertpapierbörse HamburgISIN DE000A161077BAFIN:40003565
Canonical exit: 8 Sept 2025 (T+90)
6 of 6 declarations
About Ernst Russ AG
Ernst Russ AG is a listed shipowner and maritime investment manager headquartered in Hamburg, Germany, with corporate roots dating back to 1893. The shares trade on Xetra/Frankfurt (DAX/MDAX/SDAX) under the ticker ERAG.DE and ISIN DE000A161077. The company is not a pure spot-market shipping play; it is better understood as a portfolio-style maritime asset owner that aims to balance earnings generation, cash-flow visibility, and counterparty diversification. That positioning is important for investors seeking shipping exposure with more emphasis on charter coverage, asset selection, and capital discipline. ([ernst-russ.de](https://www.ernst-russ.de/en/?utm_source=openai))
Its core business is container shipping, complemented by adjacent vessel classes. The current fleet is centered on feeder and mid-sized container ships, plus a larger vessel of roughly 13,400 TEU, multipurpose vessels, a Handysize bulker, and, more recently, intermediate IMO Type II tanker newbuildings intended for chemicals and petroleum products. This broader mix reduces reliance on a single shipping niche and supports a more resilient portfolio profile. Ernst Russ also focuses on time-chartered employment, which helps stabilize revenues while preserving upside optionality when market conditions are favorable. ([ernst-russ.de](https://www.ernst-russ.de/en/?utm_source=openai))
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From a competitive standpoint, Ernst Russ occupies a specialist mid-cap position within European maritime logistics. It differentiates itself through a relatively diversified fleet, a structure designed to appeal to capital-markets investors, and strategic partnerships that partially operate the fleet. Management repeatedly highlights transparency, balanced employment durations, and diversified counterparties as key priorities. In a cyclical sector, that combination can be attractive to investors who want exposure to shipping economics without relying entirely on volatile short-term freight rates. ([ernst-russ.de](https://www.ernst-russ.de/en/press/press_release/ernst-russ-ag-preliminary-results-2025.html?utm_source=openai))
Recent developments are material. In March 2026, Ernst Russ reported preliminary FY 2025 figures of approximately EUR 158 million in consolidated revenue and around EUR 96 million in EBIT, with liquidity at roughly EUR 114 million. In April 2026, the company announced the acquisition of four new intermediate-class tanker newbuildings, each secured under fixed charters of at least five years, materially increasing backlog visibility. Earlier updates for Q1 and Q3 2025 also pointed to a strong operating performance despite a challenging geopolitical backdrop, with high fleet utilization and solid earnings momentum. ([ernst-russ.de](https://www.ernst-russ.de/en/press/press_release/ernst-russ-ag-preliminary-results-2025.html?utm_source=openai))
Overall, Ernst Russ AG is a historically rooted German shipping company with an increasingly diversified fleet strategy. For Francophone investors, it represents a Germany-listed transport and logistics name on Xetra/Frankfurt (DAX/MDAX/SDAX) that combines maritime cyclicality with a more structured, contract-driven business model and a clear focus on long-term cash generation. ([ernst-russ.de](https://www.ernst-russ.de/en/?utm_source=openai))
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