Cadre Holdings, Inc. (NYSE:CDRE) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its stake in Cadre Holdings, Inc. (NYSE:CDRE - Free Report) by 29.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,208 shares of the company's stock after selling 9,936 shares during the period. Jane Street Group LLC owned about 0.06% of Cadre worth $782,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Assetmark Inc. purchased a new stake in Cadre in the 4th quarter worth approximately $31,000. Harel Insurance Investments & Financial Services Ltd. boosted its position in Cadre by 51.9% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,066 shares of the company's stock worth $99,000 after purchasing an additional 1,048 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Cadre in the 4th quarter worth approximately $100,000. US Bancorp DE boosted its position in Cadre by 10.6% in the 4th quarter. US Bancorp DE now owns 4,178 shares of the company's stock worth $135,000 after purchasing an additional 400 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Cadre by 1,451.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,251 shares of the company's stock worth $137,000 after purchasing an additional 3,977 shares in the last quarter. Hedge funds and other institutional investors own 43.95% of the company's stock.

Insider Activity

In other news, CEO Warren B. Kanders sold 50,000 shares of the stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $31.88, for a total transaction of $1,594,000.00. Following the transaction, the chief executive officer now owns 10,866,192 shares in the company, valued at $346,414,200.96. This trade represents a 0.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold 200,000 shares of company stock worth $6,735,500 in the last quarter. Corporate insiders own 37.00% of the company's stock.

Cadre Stock Performance

Cadre stock traded up $0.13 during mid-day trading on Thursday, hitting $32.76. The company had a trading volume of 207,134 shares, compared to its average volume of 250,801. The company has a current ratio of 3.01, a quick ratio of 1.96 and a debt-to-equity ratio of 0.65. Cadre Holdings, Inc. has a 12-month low of $27.07 and a 12-month high of $40.28. The company's fifty day moving average is $31.40 and its 200-day moving average is $33.39. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 39.47, a P/E/G ratio of 1.58 and a beta of 1.34.

Cadre (NYSE:CDRE - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.13 by $0.10. Cadre had a return on equity of 12.88% and a net margin of 6.34%. The firm had revenue of $130.11 million for the quarter, compared to analyst estimates of $121.53 million. During the same quarter last year, the firm posted $0.18 EPS. The business's revenue was down 5.6% on a year-over-year basis. Equities research analysts predict that Cadre Holdings, Inc. will post 1.05 EPS for the current year.

Cadre Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 2nd were given a dividend of $0.095 per share. The ex-dividend date was Friday, May 2nd. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.16%. Cadre's dividend payout ratio (DPR) is 40.00%.

Cadre Profile

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.