Insiders Trades
1 insider bought €39k of shares over the last 90 days, the latest filed 18 Aug 2026.
Friedrich Vorwerk Group SE: what insiders have been doing
Headquartered in Tostedt, Germany, Friedrich Vorwerk Group SE belongs to the Energy sector and traces its origins to 1962. Filings by its managers are published through BaFin. From 18 October 2025 to 18 October 2026, the disclosure feed for Friedrich Vorwerk Group SE logged 24 filings by 4 insiders.
The record shows 22 purchases on the open market worth €3.7M, made by 3 insiders, against 2 sales worth €375k by 2 insiders. On balance, insiders were net buyers of €3.3M. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. On the buying side, the filings list 1 senior executive among the declarants. One trade stands out by size: a purchase of €974k from ALX Beteiligungsgesellschaft mbH, disclosed on 8 April 2026, or 0.072% of market capitalisation.
In all, 18 purchases were made within 30 days of a purchase by another insider of the company. Purchases made close together by different insiders form what is called a cluster. The most recent open-market purchase was published on 18 August 2026, 60 days ago. Typically, a trade is published a median of 6 days after it takes place. The regulation allows three business days to notify a trade (MAR article 19).
Compared with its exchange (287 companies, median 5 filings), a count of 24 filings is above the norm. Over the whole record (from 2025), the tally stands at 22 purchases and 11 sales.
Elsewhere in the same sector, our signals recently picked up insider purchases at RGC Resources Inc and Empire Petroleum Corp. These figures are compiled from regulatory filings published by BaFin. They describe what insiders did and are not a recommendation.
Key facts
Headquarters: Tostedt, Germany · Founded: 1962
Source: Wikidata (CC0).
Insider Decl.
33
Thresholds
n/a
Buy Volume
€4M
22 ops. · all time
Sell Volume
€9M
11 ops. · all time
Who traded when
BuySaleALX Beteiligungsgesellschaft mbH13 buys1 sale
Tim Hameister5 buys5 sales
MBB Capital Management GmbH4 buys1 sale
Jaap Niklas Kleinfeldt2 sales
Dr. Julian Deutz1 sale
Joost Kleinfeldt1 sale
Since the insiders bought
- -7.8%Entry €69.05 · Close 15 Oct 2026 €63.65
- -8.4%Entry €69.50 · Close 15 Oct 2026 €63.65
- +4.3%Entry €61.05 · Close 15 Oct 2026 €63.65
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.
Fundamental score
Ranked 1,228 of 24,148 companies
78.7
score / 100
Value73
Quality85
FCF yld9.0%
Earn yld6.5%
EV/EBITDA8.7x
ROE44%
Gross mgn54%
Net mgn12%
Debt/EBITDA0.1x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
€66.80
Analyst consensus
4 analysts2.00/5
€70.00Target €90.75(+36%)€111.00
Income statement
Revenue€704.3M
Gross profit€383.1M54% margin
EBITDA€156.1M22% margin
Net income€86.5M14.6% margin
Valuation
PER (trailing)11.8x
PER (forward)11.5x
P/Book4.3x
Beta0.95
Balance sheet & cash
Market cap€1.3B
Total debt€17.8M
Free Cash Flow€120.9M
Debt / Equity8%
Profitability & ownership
ROE44.4%
ROA16.4%
% insiders62.3%
% institutions18.6%
Last declaration on 18 August 2026
Declarations33 total
600 shares@ €64.350.0029% mcap5.5% of flowShareTradegateISIN DE000A255F11BAFIN:40031364-091269254a65
Canonical exit: 12 Nov 2026 (T+90)
43.002 shares@ €57.710.0002% mcap0.0% of flowShareCBOE Europe - RM Dark BookISIN DE000A255F11BAFIN:40031364-d146f57089a9
Canonical exit: 7 Sept 2026 (T+90)
1,817.934 shares@ €58.520.0078% mcap1.7% of flowShareCBOE Europe DXE PeriodicISIN DE000A255F11BAFIN:40031364-220b58cb76d3
Canonical exit: 7 Sept 2026 (T+90)
644.992 shares@ €58.750.0028% mcap0.6% of flowShareCBOE Europe DXE Dark Order Book (NL)ISIN DE000A255F11BAFIN:40031364-1b9c65da5a34
Canonical exit: 7 Sept 2026 (T+90)
539.003 shares@ €58.500.0023% mcap0.5% of flowShareCBOE Europe DXE Order Books (NL)ISIN DE000A255F11BAFIN:40031364-0f7c5d574567
Canonical exit: 7 Sept 2026 (T+90)
331.974 shares@ €58.880.0014% mcap0.3% of flowShareTP ICAP EU LIQUIDNET EU EQUITYISIN DE000A255F11BAFIN:40031364-7f57b619b59b
Canonical exit: 7 Sept 2026 (T+90)
3,449.015 shares@ €58.350.015% mcap3.3% of flowShareXETRAISIN DE000A255F11BAFIN:40031364-d54c90091a4f
Canonical exit: 7 Sept 2026 (T+90)
82 shares@ €58.250.0003% mcap0.1% of flowShareXTX Markets SASISIN DE000A255F11BAFIN:40031364-a924e3e5701c
Canonical exit: 7 Sept 2026 (T+90)
92.006 shares@ €58.530.0004% mcap0.1% of flowShareAquis Exchange EuropeISIN DE000A255F11BAFIN:40031364-4e98e6d9dfdb
Canonical exit: 7 Sept 2026 (T+90)
5,138.345 shares@ €62.120.028% mcap7.4% of flowShareXETRAISIN DE000A255F11BAFIN:40031364-584967a29ed3
Canonical exit: 31 Aug 2026 (T+90)
3,232.861 shares@ €59.150.017% mcap4.5% of flowShareXETRAISIN DE000A255F11BAFIN:40031364-6a8d32d13db6
Canonical exit: 2 Sept 2026 (T+90)
10,000 shares@ €58.000.051% mcap9.4% of flowShareXETRAISIN DE000A255F11BAFIN:40031364-cf53a72de289
Canonical exit: 2 Sept 2026 (T+90)
2,740.173 shares@ €58.730.014% mcap3.7% of flowShareXETRAISIN DE000A255F11BAFIN:40031364-0b18d93727a6
Canonical exit: 1 Sept 2026 (T+90)
1,200.051 shares@ €58.880.0062% mcap10.1% of flowShareTradegateISIN DE000A255F11BAFIN:40031364-3a3f952bab91
Canonical exit: 1 Sept 2026 (T+90)
11,110.63 shares@ €67.270.056% mcap17.4% of flowShareXETRAISIN DE000A255F11BAFIN:40031364-128e60f0b077
Canonical exit: 26 Aug 2026 (T+90)
800 shares@ €64.710.0038% mcap7.4% of flowShareTradegateISIN DE000A255F11BAFIN:40031364-8df594b80f06
Canonical exit: 16 Aug 2026 (T+90)
219.991 shares@ €66.970.0011% mcap0.2% of flowShareCBOE EuropeISIN DE000A255F11BAFIN:40031364-1906eef464c6
Canonical exit: 1 Jul 2026 (T+90)
14,276 shares@ €68.200.072% mcap15.7% of flowShareCBOE EuropeISIN DE000A255F11BAFIN:40031364-529051fe9142
Canonical exit: 1 Jul 2026 (T+90)
342 shares@ €66.900.0017% mcap0.4% of flowShareXetraISIN DE000A255F11BAFIN:40031364-6c1673848281
Canonical exit: 1 Jul 2026 (T+90)
162.003 shares@ €68.010.0008% mcap0.2% of flowShareAquis Exchange EuropeISIN DE000A255F11BAFIN:40031364-2bf597b39e60
Canonical exit: 1 Jul 2026 (T+90)
889.945 shares@ €71.410.0047% mcap9.1% of flowShareTradegateISIN DE000A255F11BAFIN:40031364-7c7f4c5db979
Canonical exit: 29 Jun 2026 (T+90)
500 shares@ €66.060.0025% mcap4.7% of flowShareTradegateISIN DE000A255F11BAFIN:40031364-f265f6171ca3
Canonical exit: 30 Jun 2026 (T+90)
1,500 shares@ €107.2223.1% of flowShareTradegateISIN DE000A255F11BAFIN:40031364-d0ab810dfa3b
1,999.974 shares@ €107.18100.0% of flowShareXetraISIN DE000A255F11BAFIN:40031364-61819a9a98f3
1,853 shares@ €87.0037.9% of flowShareXetraISIN DE000A255F11BAFIN:40031364-323eaf8bd9a3
25 of 33 declarations
About Friedrich Vorwerk Group SE
Friedrich Vorwerk Group SE (ISIN: DE000A255F11, ticker: VH2.DE) is a German energy infrastructure specialist listed on Xetra/Frankfurt (DAX/MDAX/SDAX) in Germany. The group designs, builds and services critical infrastructure for network operators, industry, municipalities and energy utilities. Its market position is closely linked to the European energy transition, with exposure to long-term capex themes in natural gas, power transmission, water/wastewater and, increasingly, hydrogen. ([friedrich-vorwerk-group.de](https://www.friedrich-vorwerk-group.de/en/company/about-us/?utm_source=openai))
The company’s roots date back to 1962, when Friedrich Vorwerk and Wilhelm Kleesch founded a dredging contract business in Tostedt. Over time, the business evolved into a broader pipeline and plant construction platform, adopting the FRIEDRICH VORWERK name in 1972. Today the group combines industrial know-how with a long operating history and a footprint of more than 2,400 qualified employees across 14 main locations in Germany and Northern Europe. Its headquarters are in Tostedt, Lower Saxony, giving it a strong operational base in Germany. ([friedrich-vorwerk-group.de](https://www.friedrich-vorwerk-group.de/en/company/about-us/?utm_source=openai))
Read moreShow less
Friedrich Vorwerk’s business model is built around integrated engineering, construction and maintenance services for energy networks and system-critical infrastructure. Core business lines include natural gas pipelines, underground electricity cable networks, water and wastewater infrastructure, and hydrogen-related applications. The group emphasizes end-to-end delivery: planning and engineering, pipeline construction, plant services, electro-technical systems, measurement/control technology and maintenance. This integrated offering supports its positioning in technically demanding, large-scale projects with long execution cycles. ([friedrich-vorwerk-group.de](https://www.friedrich-vorwerk-group.de/de/geschaeftsbereiche/energienetze/?utm_source=openai))
From a competitive standpoint, Friedrich Vorwerk benefits from being a specialized contractor in a strategically important niche rather than a generalist infrastructure player. Its expertise in high-complexity energy network projects and its broad portfolio across gas, power, hydrogen and adjacent services make it relevant for transmission system operators and other major clients investing in Germany’s infrastructure upgrade cycle. That said, the business remains sensitive to project timing, permitting, and the pace of public and regulated network investment. ([friedrich-vorwerk-group.de](https://www.friedrich-vorwerk-group.de/en/company/about-us/?utm_source=openai))
Recent developments point to a favorable order environment. In 2025, the company reported a strong order backlog and guided to an EBITDA margin of 16-17% for fiscal 2025 in its 2024 annual report. It also announced large new contracts, including significant pipeline and energy transport projects, which reinforce the visibility of its growth pipeline. The 2025 half-year report showed an order backlog above EUR 1.1 billion, underscoring solid medium-term visibility. ([friedrich-vorwerk-group.de](https://www.friedrich-vorwerk-group.de/media/friedrich_vorwerk_group_se_-_annual_report_2024.pdf?utm_source=openai))
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