Kessels Robbert

Kessels Robbert is a declared insider of Sipef, with filings sourced from FSMA. Over a trading history stretching from 12 February 2026 to 20 May 2026, the count stands at 22 filings.

Market trades split into 10 purchases (€493k) and 12 sales (€1.1M). The net balance comes to €577k on the selling side. Unlike grants, an open-market purchase is paid for by the insider, at the market price.

The median purchase comes to €47k. Clusters matter here: 9 out of 10 purchases overlapped with buying by a colleague within 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. After 10 purchases with a full 90-day history, the hit rate stands at 30% and the median 90-day move at -6.6%. Past outcomes like these are no guarantee of what comes next.

On 27 May 2026 came the latest disclosure, an open-market sale for €50k in Sipef. The last insider purchase was made public on 27 May 2026, 144 days ago. Filings reach the FSMA feed a median of 6 days after the trade. For comparison, MAR article 19 gives managers three business days to notify a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. These figures are compiled from regulatory filings published by FSMA. They describe what insiders did and are not a recommendation.