No insider purchase over the last 90 days. The latest was filed 17 Mar 2026.
Spie SA, classified in the Business Services sector, is a listed company based in Cergy, France, founded in 1900. Its insiders report their share dealings to AMF. Over the twelve months to 18 October 2026, 3 filings were filed, from 2 insiders.
The flow runs one way only: 2 insiders bought (3 purchases totalling €86k) and nobody sold on the market. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The buyers include 2 board members. Mariel von Schumann filed the largest purchase, €42k, on 13 November 2025.
The data flag 1 purchase 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 insider purchase was made public on 17 March 2026, 214 days ago. Between a trade and the moment it shows up on AMF, the median delay is 1 day. The legal deadline for notifying a trade is three business days (MAR article 19).
Compared with its exchange (316 companies, median 6 filings), a count of 3 filings is below the norm. Since 2022, the database holds 13 purchases and 2 sales by insiders of the company.
Other companies in the same sector with recent insider buying flagged by our signals: Coursera, Inc. This summary is built from AMF disclosures alone and does not predict where the share price will go.
Headquarters: Cergy, France · Founded: 1900
Source: Wikidata (CC0).
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.
Analysts rate Spie SA Strong Buy (bullish), based on 13 analysts. Average price target: €56.75.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
17 of 17 declarations
Spie SA is a leading European player in multi-technical services, focused on energy and communications. The group designs, installs, operates and maintains infrastructure and equipment that support its customers’ energy transition and digital transformation. Its business model is built on recurring, service-oriented revenue streams, ranging from engineering and installation work to maintenance and performance optimization, energy-efficiency solutions, decarbonization services, electric vehicle charging infrastructure, telecommunications networks and technical services for industrial and commercial facilities. In 2024, SPIE generated revenue of €9.9 billion, up 13.7%, including 4.3% organic growth, confirming the resilience of its end markets and its exposure to structurally attractive themes.
SPIE’s history goes back to the early days of European electrification, with roots linked to entrepreneur Baron Édouard Empain, who was fascinated by the new applications of electricity. Over time, the company went through several phases of expansion and restructuring before becoming, during the 2000s, a consolidated, pan-European group. Today, SPIE positions itself as the independent European leader in multi-technical services. That independence, combined with a dense local footprint, is a key competitive strength in markets where proximity, customer knowledge and regulatory familiarity matter greatly.
The group’s activities are organized around several major business lines. First, energy-efficiency and decarbonization services are a major growth engine. Second, SPIE provides electrical, mechanical and climate engineering services for buildings, industry and public infrastructure. It also works on communications networks and telecom infrastructure, while expanding its exposure to renewable energy projects, notably offshore wind, where it strengthened capabilities in 2024. This sector and technology mix allows the company to serve a very broad client base, spanning industry, healthcare, transport, energy, commercial real estate and public services.
Geographically, SPIE has a strong presence in France, Germany, the Netherlands, Belgium, Switzerland and several Central European countries. Germany and the Netherlands have become major growth pillars, while France remains a core historical market. The group’s strategy combines sustained organic growth with targeted bolt-on acquisitions to deepen local positions and increase exposure to high-growth niches. In 2024, SPIE completed eight bolt-on acquisitions representing €457 million of annualized revenue, mainly in Germany and in segments linked to renewable energy, telecom infrastructure and pharmaceuticals. Another notable feature is its employee ownership culture: as of year-end 2024, employees held 7.8% of SPIE’s share capital.
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