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1 insider bought €20k of shares over the last 90 days, the latest filed 24 Sept 2026.
NORMA Group SE: what insiders have been doing
Every trade that managers of NORMA Group SE disclose to BaFin is tracked on this page. The company sits in the Industry sector and is based in Maintal, France. It was founded in 2006. From 18 October 2025 to 18 October 2026, the disclosure feed for NORMA Group SE logged 14 filings by 4 insiders.
On the market, 1 insider bought (7 purchases totalling €229k) while 3 insiders sold (4 sales totalling €18k). Purchases outweigh sales by €211k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. The buyers include 1 senior executive. Seeger, Birgit filed the largest purchase, €157k, on 15 May 2026, which represents 0.031% of the company's market value.
Compared with its exchange (287 companies, median 5 filings), a count of 14 filings is above the norm. The full history, which starts in 2025, counts 12 purchases against 4 sales.
The latest purchase is recent: it was published 23 days ago, on 24 September 2026. The median gap between a trade and its publication by BaFin is 5 days. For comparison, MAR article 19 gives managers three business days to notify a trade.
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.
19
Thresholds
n/a
Buy Volume
€315,359
12 ops. · all time
Sell Volume
€17,521
4 ops. · all time
Who traded when
BuySaleBirgit Seeger7 buys1 sale
Mark Wilhelms5 buys2 sales
Dr. Daniel Heymann1 sale
Analyst consensus: bullish or bearish?
Analysts rate NORMA Group SE Buy (bullish), based on 6 analysts. Average price target: €20.73.
Fundamental score
Ranked 19,571 of 24,148 companies
30.0
score / 100
Value34
Quality26
FCF yld11%
Earn yld-19%
EV/EBITDA38.7x
ROE-12%
Gross mgn55%
Net mgn-9.9%
Debt/EBITDA18.4x
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
€14.98
Analyst consensus
6 analystsBuy
€16.00Target €20.73(+38%)€24.00
Income statement
Revenue€821.7M
Gross profit€449.9M55% margin
EBITDA€21.2M3% margin
Net income-€81.8M28.2% margin
Valuation
PER (forward)17.1x
P/Book0.5x
Beta0.63
Balance sheet & cash
Market cap€429.6M
Total debt€389.8M
Free Cash Flow€47.4M
Debt / Equity14%
Profitability & ownership
ROE-12.4%
ROA-3.4%
% insiders3.5%
% institutions97.4%
Last declaration on 24 September 2026
Declarations19 total
312 shares@ €16.000.0010% mcap2.2% of flowShareTradegate (Exchange)ISIN DE000A1H8BV3BAFIN:40014127-23571e4b3222
Canonical exit: 22 Dec 2026 (T+90)
871.043 shares@ €16.840.0031% mcap6.3% of flowShareTRADEGATE EXCHANGEISIN DE000A1H8BV3BAFIN:40014127-a03854eb0a85
Canonical exit: 21 Dec 2026 (T+90)
12,084.507 shares@ €0.710.0018% mcap100.0% of flowOther financial instr. linked to share;debt instr.Börse StuttgartISIN DE000A41YH53BAFIN:40014127-eb16d898957f
4,731.122 shares@ €0.740.0007% mcap3.8% of flowOther financial instr. linked to share;debt instr.ISIN DE000A41YH53BAFIN:40014127-63fe828018a0
4,001.644 shares@ €0.730.0006% mcap3.1% of flowOther financial instr. linked to share;debt instr.ISIN DE000A41YH53BAFIN:40014127-537a9823031d
3,450.123 shares@ €0.730.0005% mcap1.1% of flowOther financial instr. linked to share;debt instr.ISIN DE000A41YH53BAFIN:40014127-027a8fb76e86
0Other financial instr. linked to share;debt instr.ISIN DE000A41YH53BAFIN:40014127-a925dc30595f
0Other financial instr. linked to share;debt instr.ISIN DE000A41YH53BAFIN:40014127-5bcb329ce34b
0Other financial instr. linked to share;debt instr.ISIN DE000A41YH53BAFIN:40014127-05e4a4d1e9b4
887 shares@ €17.060.0030% mcap6.5% of flowShareTradegateISIN DE000A1H8BV3BAFIN:40014127-bd25a91a7b51
Canonical exit: 20 Aug 2026 (T+90)
1,000 shares@ €15.700.0031% mcap6.8% of flowShareTradegate ExchangeISIN DE000A1H8BV3BAFIN:40014127-7eaafcc82cb2
Canonical exit: 5 Aug 2026 (T+90)
10,000 shares@ €15.700.031% mcap67.9% of flowShareTradegate ExchangeISIN DE000A1H8BV3BAFIN:40014127-3e5399684632
Canonical exit: 5 Aug 2026 (T+90)
775 shares@ €13.804.6% of flowShareTradegate ExchangeISIN DE000A1H8BV3BAFIN:40014127-4de0e5935f48
Canonical exit: 11 Mar 2026 (T+90)
775 shares@ €13.384.5% of flowShareTradegate ExchangeISIN DE000A1H8BV3BAFIN:40014127-631561d8d529
Canonical exit: 1 Mar 2026 (T+90)
2,700.228 shares@ €13.1738.1% of flowShareISIN DE000A1H8BV3BAFIN:40014127-73eba8021f68
Canonical exit: 11 Sept 2025 (T+90)
900 shares@ €13.4813.0% of flowShareISIN DE000A1H8BV3BAFIN:40014127-4511490303c9
Canonical exit: 10 Sept 2025 (T+90)
1,097 shares@ €13.7416.2% of flowShareISIN DE000A1H8BV3BAFIN:40014127-b8a64da2f530
Canonical exit: 9 Sept 2025 (T+90)
1,000 shares@ €12.4013.3% of flowShareISIN DE000A1H8BV3BAFIN:40014127-96384e65f578
Canonical exit: 31 Aug 2025 (T+90)
1,003.062 shares@ €11.6012.5% of flowShareISIN DE000A1H8BV3BAFIN:40014127
Canonical exit: 18 Aug 2025 (T+90)
19 of 19 declarations
About NORMA Group SE
NORMA Group SE is a German industrial company listed on Xetra/Frankfurt (DAX/MDAX/SDAX), with headquarters in Maintal near Frankfurt am Main in Germany. The company was created in 2006 through the merger of Rasmussen GmbH, founded in 1949, and ABA Group, founded in 1896. Over time, NORMA Group has built a reputation as an international specialist in joining, fastening and fluid-handling technology, with a strong position in technically demanding niche markets.
The group’s business is organized into three strategic units: Industry Applications, Water Management and Mobility & New Energy. Its portfolio includes hose clamps, connectors, joining elements, fluid conveyance solutions and related engineered components. These products are used across a wide range of end markets, including vehicles, engines, ships, trains, aircraft, household appliances, water pipes and infrastructure. NORMA Group states that it serves more than 10,000 customers in over 100 countries and offers more than 40,000 products and solutions, which underlines both the breadth of its catalog and the international scope of its customer base.
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NORMA Group’s competitive position is built on specialized engineering know-how, a globally recognized brand platform and a broad manufacturing footprint. The group coordinates a network of around 25 production facilities, supported by sales and distribution sites across Europe, the Americas and Asia-Pacific. This global setup allows it to serve multinational industrial customers while remaining close to local markets. A key element of its strategy is the combination of standardized branded products and customer-specific solutions, which helps support pricing power and creates meaningful barriers to entry in selected applications.
Recent developments are important for investors. At the end of 2024, NORMA Group announced that it would launch a process to sell the global Water Management business, as part of a sharper strategic focus on its core industrial activities. FY 2024 was characterized by weak and volatile demand conditions, with sales declining to around EUR 1.2 billion, but profitability remained resilient and operating cash flow improved strongly. In January 2025, the company also announced a major contract in the US with a large home improvement retailer, highlighting the commercial strength of its BREEZE hose clamp product line. For investors, NORMA Group stands out as a German specialty industrial manufacturer with a global footprint, technical differentiation and an ongoing strategic repositioning toward a more focused industrial platform.
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