Rep. Josh Gottheimer Sells Cadre Holdings, Inc. (NYSE:CDRE) Shares

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Cadre Holdings, Inc. NYSE: CDRE. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cadre stock on April 17th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

Cadre Price Performance

CDRE stock traded down $1.48 during trading on Wednesday, reaching $33.45. The company's stock had a trading volume of 205,663 shares, compared to its average volume of 249,580. The company has a market capitalization of $1.36 billion, a P/E ratio of 40.30, a price-to-earnings-growth ratio of 1.58 and a beta of 1.34. The company's fifty day moving average is $31.29 and its 200-day moving average is $33.49. The company has a quick ratio of 1.96, a current ratio of 3.01 and a debt-to-equity ratio of 0.65. Cadre Holdings, Inc. has a 1 year low of $27.07 and a 1 year high of $40.28.

Cadre (NYSE:CDRE - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.10. The firm 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 business's quarterly revenue was down 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.18 earnings per share. On average, research analysts expect that Cadre Holdings, Inc. will post 1.05 earnings per share for the current fiscal year.

Cadre Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were paid a $0.095 dividend. The ex-dividend date was Friday, May 2nd. This represents a $0.38 dividend on an annualized basis and a yield of 1.14%. Cadre's payout ratio is presently 40.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. FMR LLC grew its position in shares of Cadre by 1.0% during the fourth quarter. FMR LLC now owns 4,574,470 shares of the company's stock valued at $147,755,000 after purchasing an additional 44,469 shares in the last quarter. Capital International Investors grew its position in shares of Cadre by 118.4% during the fourth quarter. Capital International Investors now owns 1,981,602 shares of the company's stock valued at $64,006,000 after purchasing an additional 1,074,471 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Cadre by 3.0% during the first quarter. Vanguard Group Inc. now owns 1,432,441 shares of the company's stock valued at $42,415,000 after purchasing an additional 41,476 shares in the last quarter. Loomis Sayles & Co. L P grew its position in shares of Cadre by 11.3% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,047,097 shares of the company's stock valued at $33,821,000 after purchasing an additional 106,366 shares in the last quarter. Finally, Fred Alger Management LLC grew its position in Cadre by 20.9% in the first quarter. Fred Alger Management LLC now owns 826,528 shares of the company's stock worth $24,473,000 after acquiring an additional 143,119 shares in the last quarter. Hedge funds and other institutional investors own 43.95% of the company's stock.

Insider Buying and Selling

In related news, CEO Warren B. Kanders sold 50,000 shares of Cadre stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $31.88, for a total value of $1,594,000.00. Following the completion of the transaction, the chief executive officer now owns 10,866,192 shares in the company, valued at approximately $346,414,200.96. This trade represents a 0.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 37.00% of the stock is currently owned by company insiders.

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

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.