Cadre (NYSE:CDRE) Shares Acquired Rep. Josh Gottheimer

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 1.3 %

CDRE traded down $0.48 during trading on Wednesday, hitting $35.96. 33,284 shares of the company’s stock were exchanged, compared to its average volume of 242,205. Cadre Holdings, Inc. has a fifty-two week low of $29.18 and a fifty-two week high of $40.28. The stock has a market cap of $1.46 billion, a P/E ratio of 43.31, a PEG ratio of 1.63 and a beta of 1.27. 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 business’s 50 day moving average is $35.29 and its two-hundred day moving average is $35.56.

Cadre Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be issued a $0.095 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.38 annualized dividend and a yield of 1.06%. This is a positive change from Cadre’s previous quarterly dividend of $0.09. Cadre’s dividend payout ratio is presently 45.78%.

Insider Activity at Cadre

In other Cadre news, CEO Warren B. Kanders sold 50,000 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $32.68, for a total value of $1,634,000.00. Following the transaction, the chief executive officer now directly owns 11,907,211 shares in the company, valued at $389,127,655.48. This represents a 0.42 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Nicolas Sokolow sold 1,095 shares of Cadre stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $34.10, for a total value of $37,339.50. Following the sale, the director now owns 83,208 shares of the company’s stock, valued at approximately $2,837,392.80. This trade represents a 1.30 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 226,310 shares of company stock worth $7,704,941. 37.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Separately, Roth Mkm cut their target price on Cadre from $39.00 to $37.00 and set a “buy” rating on the stock in a research note on Thursday, November 7th.

Hedge Funds Weigh In On Cadre

Several institutional investors have recently added to or reduced their stakes in CDRE. US Bancorp DE grew its holdings in Cadre by 10.6% during the fourth quarter. US Bancorp DE now owns 4,178 shares of the company’s stock valued at $135,000 after purchasing an additional 400 shares during the period. Truist Financial Corp boosted its holdings in Cadre by 5.8% in the 4th quarter. Truist Financial Corp now owns 11,277 shares of the company’s stock worth $364,000 after buying an additional 616 shares during the period. Assetmark Inc. bought a new stake in Cadre during the 4th quarter valued at $31,000. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Cadre by 51.9% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,066 shares of the company’s stock worth $99,000 after acquiring an additional 1,048 shares during the period. Finally, LPL Financial LLC grew its position in shares of Cadre by 14.9% in the fourth quarter. LPL Financial LLC now owns 11,713 shares of the company’s stock valued at $378,000 after purchasing an additional 1,520 shares in the last quarter. Institutional investors own 43.95% of the company’s stock.

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.

Cadre Company 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.