Representative Josh Gottheimer (D-New Jersey) recently bought shares of Cadre Holdings, Inc. NYSE: CDRE. In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cadre stock on January 27th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/31/2025.
- Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 1/31/2025.
- Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Mastercard NYSE: MA on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/30/2025.
- Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 1/30/2025.
Cadre Stock Down 1.6 %
Shares of NYSE:CDRE traded down $0.56 on Friday, hitting $35.14. 109,774 shares of the company traded hands, compared to its average volume of 264,600. Cadre Holdings, Inc. has a 52 week low of $29.18 and a 52 week high of $40.28. The company has a quick ratio of 1.96, a current ratio of 3.01 and a debt-to-equity ratio of 0.65. The stock has a 50 day simple moving average of $35.29 and a 200-day simple moving average of $35.54. The company has a market cap of $1.43 billion, a PE ratio of 42.34, a PEG ratio of 1.63 and a beta of 1.27.
Cadre Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, January 31st were issued a dividend of $0.095 per share. The ex-dividend date of this dividend was Friday, January 31st. This is an increase from Cadre's previous quarterly dividend of $0.09. This represents a $0.38 annualized dividend and a dividend yield of 1.08%. Cadre's dividend payout ratio (DPR) is presently 45.78%.
Insider Activity
In other news, Director Nicolas Sokolow sold 5,000 shares of Cadre stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $33.25, for a total transaction of $166,250.00. Following the transaction, the director now directly owns 482,620 shares of the company's stock, valued at $16,047,115. The trade was a 1.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Warren B. Kanders sold 50,000 shares of Cadre stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $33.55, for a total value of $1,677,500.00. Following the transaction, the chief executive officer now directly owns 11,682,211 shares in the company, valued at approximately $391,938,179.05. The trade was a 0.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 176,310 shares of company stock valued at $6,070,941 in the last ninety days. Corporate insiders own 37.00% of the company's stock.
Institutional Investors Weigh In On Cadre
Large investors have recently made changes to their positions in the company. Assetmark Inc. bought a new stake in shares of Cadre during the 4th quarter valued at about $31,000. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of Cadre by 51.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,066 shares of the company's stock valued at $99,000 after buying an additional 1,048 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Cadre during the 4th quarter valued at about $100,000. US Bancorp DE lifted its position in shares of Cadre by 10.6% during the 4th quarter. US Bancorp DE now owns 4,178 shares of the company's stock valued at $135,000 after buying an additional 400 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Cadre by 1,451.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,251 shares of the company's stock valued at $137,000 after buying an additional 3,977 shares in the last quarter. 43.95% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, Roth Mkm reduced their price target on Cadre from $39.00 to $37.00 and set a "buy" rating for the company in a report on Thursday, November 7th.
View Our Latest Analysis on CDRE
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Cadre
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Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.
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