Cadre Holdings, Inc. (NYSE:CDRE) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC trimmed its holdings in Cadre Holdings, Inc. (NYSE:CDRE - Free Report) by 62.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,098 shares of the company's stock after selling 90,794 shares during the period. Nuveen Asset Management LLC owned 0.13% of Cadre worth $1,747,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the business. Millennium Management LLC lifted its holdings in Cadre by 103.3% in the fourth quarter. Millennium Management LLC now owns 32,004 shares of the company's stock valued at $1,034,000 after acquiring an additional 16,261 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Cadre by 4.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,823 shares of the company's stock worth $479,000 after buying an additional 578 shares during the period. Deutsche Bank AG boosted its stake in Cadre by 7.8% during the fourth quarter. Deutsche Bank AG now owns 105,237 shares of the company's stock worth $3,399,000 after buying an additional 7,619 shares during the period. Deprince Race & Zollo Inc. increased its position in shares of Cadre by 93.2% during the fourth quarter. Deprince Race & Zollo Inc. now owns 61,887 shares of the company's stock valued at $1,999,000 after acquiring an additional 29,847 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Cadre by 31.0% in the 4th quarter. Bank of America Corp DE now owns 156,911 shares of the company's stock valued at $5,068,000 after acquiring an additional 37,151 shares during the period. Hedge funds and other institutional investors own 43.95% of the company's stock.

Insider Activity at Cadre

In other Cadre news, CEO Warren B. Kanders sold 100,000 shares of the company's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $34.86, for a total transaction of $3,486,000.00. Following the sale, the chief executive officer now owns 10,716,192 shares in the company, valued at $373,566,453.12. This represents a 0.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders sold 200,000 shares of company stock worth $6,735,500. Corporate insiders own 37.00% of the company's stock.

Cadre Trading Up 1.3%

Shares of NYSE:CDRE traded up $0.45 during mid-day trading on Friday, reaching $34.41. 57,863 shares of the company were exchanged, compared to its average volume of 252,720. Cadre Holdings, Inc. has a 1 year low of $27.07 and a 1 year high of $40.28. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.01 and a quick ratio of 1.96. The firm's 50-day simple moving average is $31.73 and its 200 day simple moving average is $33.41. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 41.45, a P/E/G ratio of 1.58 and a beta of 1.36.

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

Cadre Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 2nd were paid a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.10%. The ex-dividend date was Friday, May 2nd. Cadre's payout ratio is 40.00%.

About Cadre

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.