Grenke director buys EUR 14,745 of shares: Berenberg keeps EUR 23 target for Grenke stock
Published on 10/18/2026 at 12:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSInsider activity and reporting dates
- Grenke director Sebastian Hirsch bought shares worth EUR 14,745.00 on October 7, 2026.
- First-half group earnings reached EUR 32.60 million versus EUR 26.20 million in the prior-year period.
- Grenke stock closed at EUR 10.30 on Xetra on October 16, 2026.
- Third-quarter results are scheduled for November 12, 2026.
Grenke director Sebastian Hirsch bought shares worth EUR 14,745.00 at EUR 9.83 per share on October 7, 2026, according to FinanzNachrichten.de. The transaction gives investors a fresh management signal while the stock remains near its recent lows.
Three milestones shaped 2026
On May 13, 2026, grenke reported first-quarter group earnings of EUR 15.50 million, up from EUR 10.20 million in the prior-year quarter, in a release on its grenke investor-relations page. On August 13, 2026, first-half leasing new business reached EUR 1,644.90 million versus EUR 1,622.00 million a year earlier, while the cost-income ratio improved to 51.60 percent from 56.40 percent, the same page stated. The latest event in this chronology was Hirsch's October 7 purchase.
What does the 51.60 percent ratio show?
The lower cost-income ratio points to better operating efficiency, but it does not remove credit-risk pressure from the investment case. First-half earnings rose to EUR 32.60 million from EUR 26.20 million in the prior-year period, while the 2026 earnings guidance stood at EUR 74.00 million to EUR 86.00 million, according to the grenke investor-relations page. Berenberg had kept its Buy rating and EUR 23.00 target on September 24, 2026, as reported by FinanzNachrichten.de. The target is more than twice the October 16 Xetra close, making execution and credit costs central to the valuation debate.
Next reporting date is November 12
Grenke's next scheduled event is its quarterly statement for the third quarter and the first nine months of 2026 on November 12, 2026, according to the company's investor-relations calendar. That release should provide the next quantified test of leasing growth, operating efficiency and credit costs.
Stock closes at EUR 10.30
Grenke stock last closed at EUR 10.30 on Xetra on October 16, 2026. The level keeps the market focused on whether higher earnings can translate into stronger profitability while management continues to expand leasing business.
The further course of trading is shown by the continuously updated real-time quote of Grenke stock.
Grenke stock facts
- Company: grenke AG
- ISIN: DE000A161N30
- WKN: A161N3
- Ticker: GLJ
- Primary exchange: Xetra
- Xetra close (October 16, 2026): EUR 10.30
- Sector / Industry: Financial services / IT services
- Index membership: SDAX
- Next earnings date: November 12, 2026
Market context: Market report DAX.
