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The Payments Group Holding GmbH & Co. KGaA Stock: price and insider trades · Germany

ISIN DE000A1MMEV4DE·Mcap €2.3MFinance & Banking

4 insiders bought €214k of shares over the last 90 days, the latest by Koning, Gerhard, filed 06 Nov 2026.

Cluster: 4 buyers in 30 days

The Payments Group Holding GmbH & Co. KGaA: what insiders have been doing

The Payments Group Holding GmbH & Co. KGaA belongs to the Finance & Banking sector. Filings by its managers are published through BaFin. From 6 November 2025 to 6 November 2026, the disclosure feed for The Payments Group Holding GmbH & Co. KGaA logged 7 filings by 4 insiders.

The flow runs one way only: 4 insiders bought (4 purchases totalling €214k) and nobody sold on the market. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. On the buying side, the filings list 1 board member and 1 senior executive among the declarants. Biggest ticket of the year: €102k, bought by Sachs Assets GmbH and made public on 5 November 2026 (4.3% of market cap).

Across the 283 companies tracked on its exchange, the median is 5 filings; at 7 filings, this issuer sits above that mark. Our records for The Payments Group Holding GmbH & Co. KGaA go back to 2025, with 15 purchases and no sales on the open market in total.

In all, 2 purchases were made within 30 days of a purchase by another insider of the company. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. The clock since the last published purchase (6 November 2026) now reads 1 day. Most trades are made public on the day they happen. For comparison, MAR article 19 gives managers three business days to notify a trade.

For comparison within the same sector, see the insider buying recorded at BAWAG Group AG and Protector Forsikring ASA. These figures are compiled from regulatory filings published by BaFin. They describe what insiders did and are not a recommendation.

Insider Decl.
18
Thresholds
n/a
Buy Volume
€275,942
15 ops. · all time
Sell Volume
n/a
n/a

Who traded when

BuySale
Stefan Menz11 buys
Christoph Gerlinger1 buy
Gerhard Koning1 buy
Gerlinger & Partner GmbH1 buy
Sachs Assets GmbH1 buy

Since the insiders bought

  • Filed 26 Sept 2025 · 408 days ago · €13k
    -39.5%
    Entry €0.74 · Close at T+90 €0.45

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 The Payments Group Holding GmbH & Co. KGaA Strong Buy (bullish), based on 1 analysts. Average price target: €1.03.

Fundamental score
Ranked 25,410 of 26,897 companies
16.3
score / 100
Value
2
Quality
31
FCF yld-103%
Earn yld-78%
EV/EBITDA·
ROE-15%
Gross mgn30%
Net mgn·
Debt/EBITDA·
Pillars2/3

Transparent value + quality ranking, distinct from the insider signal.

Financial data

as of FY 2025

FY ended December 2025 · cache

€0.21
Analyst consensus
1 analysts
Strong buy
€1.03Target €1.03(+402%)€1.03
Income statement
Revenue€723k
Gross profit€218k30% margin
EBITDA-€1.8M-252% margin
Net income-€1.8M-252.5% margin
Valuation
PER (forward)-2.9x
P/Book0.2x
Beta-0.53
Balance sheet & cash
Market cap€2.3M
Free Cash Flow-€2.4M
Profitability & ownership
ROE-15.0%
ROA-12.6%
% insiders7.1%
% institutions2.9%
Last declaration on 6 November 2026
Declarations18 total
  • ▲
    Supervisory boardExecutives
    €25k0BaFin
    360,000 shares@ €0.07ShareISIN DE000A1MMEV4BAFIN:10142363-306e5d4451f4
    Canonical exit: 1 Feb 2027 (T+90)
  • ▲
    Related company / holdingExecutives
    €102k42BaFin
    1,450,317 shares@ €0.074.34% mcap40.4% of flowShareISIN DE000A1MMEV4BAFIN:10142363-fb47e20acc88
    Canonical exit: 1 Feb 2027 (T+90)
  • ▲
    Related company / holdingExecutives
    €75k42BaFin
    1,070,261 shares@ €0.073.21% mcap47.6% of flowShareISIN DE000A1MMEV4BAFIN:10142363-45774ebc1e92
    Canonical exit: 1 Feb 2027 (T+90)
  • ▲
    Management BoardExecutives
    €12k31BaFin
    170,928 shares@ €0.070.51% mcap100.0% of flowShareISIN DE000A1MMEV4BAFIN:10142363-c302de24235d
    Canonical exit: 1 Feb 2027 (T+90)
  • ●
    Related company / holdingExecutives
    €150k10BaFin
    1,500 shares@ €100.00100.0% of flowDebt instrumentISIN DE000A1MMEV4BAFIN:10142363-b34bde07bce3
  • ●
    Supervisory boardExecutives
    €22k15BaFin
    216 shares@ €100.00100.0% of flowDebt instrumentISIN DE000A1MMEV4BAFIN:10142363-b458d6cb7d52
  • ●
    Related company / holdingExecutives
    €83k10BaFin
    825 shares@ €100.00100.0% of flowDebt instrumentISIN DE000A1MMEV4BAFIN:10142363-9cf003c2ef42
  • ▲
    Supervisory boardExecutives
    €13k9BaFin
    20,000 shares@ €0.6721.5% of flowShareTRADEGATE EXCHANGEISIN DE000A1MMEV4BAFIN:10142363-be6079af568d
    Canonical exit: 22 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €3897BaFin
    580 shares@ €0.670.6% of flowShareTRADEGATE EXCHANGEISIN DE000A1MMEV4BAFIN:10142363-794d28d3de2e
    Canonical exit: 22 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €6,3598BaFin
    9,350.735 shares@ €0.6810.2% of flowShareTRADEGATE EXCHANGEISIN DE000A1MMEV4BAFIN:10142363-0a333fcb9555
    Canonical exit: 18 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €6,8718BaFin
    9,957.681 shares@ €0.6911.0% of flowShareTRADEGATE EXCHANGEISIN DE000A1MMEV4BAFIN:10142363-43b886a6d31f
    Canonical exit: 11 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €14k9BaFin
    20,000 shares@ €0.6922.1% of flowShareTRADEGATE EXCHANGEISIN DE000A1MMEV4BAFIN:10142363-a8ff92a73d1b
    Canonical exit: 10 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €3,6008BaFin
    5,000 shares@ €0.725.8% of flowShareBOERSE HAMBURG - LANG AND SCHWARZ EXCHANGEISIN DE000A1MMEV4BAFIN:10142363-1ba4600733b1
    Canonical exit: 9 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €5,5928BaFin
    7,766.667 shares@ €0.729.0% of flowShareBOERSE HAMBURG - LANG AND SCHWARZ EXCHANGEISIN DE000A1MMEV4BAFIN:10142363-dced9d876f32
    Canonical exit: 8 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €1,4807BaFin
    2,000 shares@ €0.742.4% of flowShareBOERSE MUENCHEN - GETTEX - REGULIERTER MARKTISIN DE000A1MMEV4BAFIN:10142363-fe8a8971fa4b
    Canonical exit: 8 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €3,5188BaFin
    5,250 shares@ €0.675.6% of flowShareTRADEGATE EXCHANGEISIN DE000A1MMEV4BAFIN:10142363-86aebdacf084
    Canonical exit: 8 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €3,4508BaFin
    5,000 shares@ €0.695.5% of flowShareBOERSE MUENCHEN - GETTEX - REGULIERTER MARKTISIN DE000A1MMEV4BAFIN:10142363-8294caeaa95e
    Canonical exit: 7 Dec 2025 (T+90)
  • ▲
    Supervisory boardExecutives
    €3,8798BaFin
    4,973.077 shares@ €0.786.2% of flowShareBörse Hamburg - Lang and Schwarz ExchangeISIN DE000A1MMEV4BAFIN:10142363
    Canonical exit: 27 Nov 2025 (T+90)

18 of 18 declarations

About The Payments Group Holding GmbH & Co. KGaA

The Payments Group Holding GmbH & Co. KGaA (ISIN: DE000A1MMEV4, ticker: PGH.DE) is a German listed holding company traded on Xetra/Frankfurt (DAX/MDAX/SDAX). It is headquartered in Frankfurt am Main, Germany, and presents itself as a business in transition: from a venture-capital-style investment platform into a broader PayTech group with additional innovation options. According to the company’s own disclosures, it was founded in 2012 and rebranded in August 2024 after operating under the German Startups Group name. Today, PGH combines legacy minority investments with a strategy centered on payment technology, digital finance and selective new ventures.

At the core of the story is PGH’s plan to build out a more integrated payments platform. Recent company communications describe a proposed acquisition of four specialized payment businesses grouped under The Payments Group (TPG), spanning e-money, prepaid payment services and mobile payment-related capabilities. The operating model appears focused on proprietary payment infrastructure, white-label and branded prepaid solutions, and cross-border digital payment use cases. PGH also highlights a 25% stake in Softmax AI GmbH, an AI-focused company builder, showing that the group is not purely a payments story but also has exposure to adjacent innovation themes.

Read moreShow less

From a competitive standpoint, PGH is positioned in the European payments landscape, where scale, regulation and distribution matter. The company’s messaging suggests a strategy built around European payment sovereignty, interoperability and merchant/user reach, rather than direct competition with global card networks on a pure scale basis. A key regulatory milestone was the activation of Calida Financial Ltd.’s e-money licence by the MFSA in 2025, which supports the group’s operating ambitions in the EEA. PGH has also pointed to cooperation with Bluecode and membership in the EMPSA ecosystem, which increases its relevance in the European mobile payments arena.

Recent developments have been important for the equity case. In September 2025, PGH announced final MFSA approval for the acquisition of TPG, while noting that closing still depended on financing the cash component. In July 2025, it highlighted the activation of the e-money licence and a partnership with a leading mobile payment system. In November 2025, the company updated its outlook through 2028; in January 2026, it reiterated a focus on existing assets while continuing to pursue AI-related opportunities. For investors, the file remains a transformation story rather than a mature cash-flow compounder: valuation will likely depend on deal execution, regulatory delivery, asset monetisation and the company’s ability to scale its payments platform in Germany and across Europe.

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