12 insiders bought €1.1M of shares over the last 90 days, the latest filed 07 Oct 2026.
Cluster: 12 buyers in 30 daysOrange, classified in the Media & Communication sector, is a listed company based in Issy-les-Moulineaux, France, founded in 1988. Its latest reported headcount is 127,000 employees (2024). Its insiders report their share dealings to AMF. In the past year (18 October 2025 to 18 October 2026), 16 filings came from 16 insiders.
Purchases and sales both appear in the filings: 13 purchases (13 insiders, €2.3M) and 2 sales (2 insiders, €6,494). The totals do not cover 1 filing with an undisclosed amount. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Christel Heydemann filed the largest purchase, €1.2M, on 28 May 2026, which represents 0.0024% of the company's market value. Among those who bought: 11 senior executives and 2 chief executives.
The data flag 11 purchases as part of a group of insiders buying within 30 days of each other. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. The last purchase on record was published on 7 October 2026, which is 10 days ago. The median gap between a trade and its publication by AMF is 1 day. The legal deadline for notifying a trade is three business days (MAR article 19).
For context, the typical company on the same exchange (median of 316 companies) published 6 filings over the same period, against 16 filings here. The full history, which starts in 2021, counts 21 purchases against 10 sales.
In the same sector, recent insider purchases at Globalstar, Inc. and Liberty Latin America Ltd. also feature in our signals. These figures are compiled from regulatory filings published by AMF. They describe what insiders did and are not a recommendation.
+9 other insiders
Analysts rate Orange Buy (bullish), based on 16 analysts. Average price target: €18.99.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
25 of 32 declarations
Orange is one of the world’s leading telecommunications operators and a benchmark name in Europe, Africa and the Middle East. Listed on Euronext Paris under the ticker ORA and identified by ISIN FR0000133308, the Group served 340 million customers across 26 countries at the end of 2025 and reported revenue of €40.4 billion. Its business model is built on high-quality fixed and mobile networks, a strong fiber footprint, convergent fixed-mobile offers and a broad range of digital services. Orange positions itself as a trusted partner for everyday digital life for consumers, businesses and public-sector clients.
The company’s history is rooted in the French telecom sector. Orange traces its origins to the former state telecom monopoly in France, later transformed through a long process of restructuring and privatization, with the Orange brand becoming the Group’s core identity. Today, Orange is a listed international telecoms group with an integrated portfolio of activities. Its core business remains connectivity, but the Group has broadened its scope to include enterprise services through Orange Business, cybersecurity, trusted cloud, artificial intelligence solutions, wholesale services and telecom infrastructure, including subsea cable deployment and operations. Orange also highlights a substantial innovation base, supported by dedicated research resources and a large patent portfolio.
From a commercial standpoint, Orange holds leading positions in several strategic markets. In France, the Group serves 34 million customers and was ranked number one by regulator Arcep for mobile network quality for the 15th consecutive year. Across Europe, Orange is a major fiber player with 100 million connectable households. In Africa and the Middle East, it is a key growth engine, serving nearly 180 million customers and driving digital and financial inclusion through mobile and connected solutions. This geographic mix gives Orange exposure both to mature, cash-generative markets and to structurally growing regions.
Strategically, Orange has completed its “Lead the Future 2023-2025” plan and unveiled a new chapter, “Trust the future,” centered on trust and value creation. The Group emphasizes improved operational efficiency, financial discipline and shareholder returns, with a dividend of €0.75 per share for fiscal year 2025. These factors support Orange’s profile as a core French telecom equity, combining scale, network leadership, recurring revenues and international growth opportunities.
Purchases our model currently ranks for the recommendations list.
All recommendationsInsider filings
Over the last 90 days, 15 filings published between 4 August and 9 October 2026: 12 open-market purchases by insiders for €1.1M, 2 sales for €6,494. 1 other filing (not open-market purchases or sales: grants, options, plans, sale notices, block transfers). Largest amounts: Heydemann Christel (Directrice générale d'Orange), purchases of €205k; Jose German LOPEZ FERNANDEZ (COO (Orange Espana)), purchases of €202k; Meinrad SPENGER (Membre du Comité exécutif du groupe Orange), purchases of €201k.
Recent news
From webdo on 1 October 2026: "Orange Tunisie : 138 jeunes récompensés pour leurs résultats scolaires et universitaires" (headline in French), the same day as the share purchase by Jose German LOPEZ FERNANDEZ (€202k).
On 1 October 2026, AGENCE ECOFIN ran the headline "Orange Tunisie récompense 138 jeunes lauréats à l’occasion de la 13ème édition de Smart Day" (headline in French), the same day as the share purchase by Jose German LOPEZ FERNANDEZ (€202k).
In an article dated 29 September 2026, Le Dauphiné Libéré reported: "Orange. Résultats des cinq courses du MTC" (headline in French), the same day as the share purchase by Laurent Martinez (€196k).
Headlines quoted as published, with source and date. The gap to insider purchases is computed from the filings and implies no link between the article and the purchase. Summary written automatically from public filings, without human review. General information, identical for every reader: it is not investment advice or a recommendation to buy or sell. Investing involves a risk of capital loss. Generated on 14 October 2026 (UTC)
Headquarters: Issy-les-Moulineaux, France · Founded: 1988 · 127,000 employees (2024) · Wikipedia article
Source: Wikidata (CC0).