Cadre Holdings, Inc. (NYSE:CDRE – Get Rating) Director Nicolas Sokolow bought 5,000 shares of Cadre inventory in a transaction dated Thursday, December twenty second. The shares had been bought at a mean value of $20.29, for a complete worth of $101,450.00. Following the completion of the transaction, the director now straight owns 120,179 shares of the corporate’s inventory, valued at $2,438,431.91. The transaction was disclosed in a authorized submitting with the SEC, which is offered by means of this link.
Nicolas Sokolow additionally not too long ago made the next commerce(s):
- On Tuesday, December twentieth, Nicolas Sokolow bought 316 shares of Cadre inventory. The shares had been bought at a mean value of $21.60, for a complete worth of $6,825.60.
- On Wednesday, December 14th, Nicolas Sokolow bought 5,444 shares of Cadre inventory. The shares had been bought at a mean value of $21.99, for a complete worth of $119,713.56.
- On Monday, December twelfth, Nicolas Sokolow bought 2,500 shares of Cadre inventory. The shares had been bought at a mean value of $22.10, for a complete worth of $55,250.00.
- On Friday, December ninth, Nicolas Sokolow bought 100 shares of Cadre inventory. The shares had been bought at a mean value of $23.50, for a complete worth of $2,350.00.
- On Wednesday, December seventh, Nicolas Sokolow bought 2,458 shares of Cadre inventory. The shares had been bought at a mean value of $23.98, for a complete worth of $58,942.84.
Cadre Inventory Down 1.4 %
CDRE stock traded down $0.28 throughout buying and selling on Friday, hitting $20.11. 164,309 shares of the corporate’s inventory had been exchanged, in comparison with its common quantity of 154,989. The enterprise has a 50-day shifting common value of $26.23 and a two-hundred day shifting common value of $24.68. The inventory has a market capitalization of $750.75 million and a price-to-earnings ratio of 254.91. Cadre Holdings, Inc. has a 52-week low of $17.74 and a 52-week excessive of $31.50. The corporate has a present ratio of two.53, a fast ratio of 1.46 and a debt-to-equity ratio of 0.89.
Cadre Dividend Announcement
The agency additionally not too long ago introduced a quarterly dividend, which was paid on Monday, November 14th. Buyers of document on Tuesday, November 1st had been paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.59%. The ex-dividend date was Monday, October thirty first. Cadre’s payout ratio is 400.05%.
Wall Avenue Analyst Weigh In
A number of equities analysts have weighed in on the corporate. Raymond James lifted their goal value on Cadre from $29.00 to $32.00 and gave the corporate an “outperform” score in a analysis report on Friday, November eleventh. Jefferies Monetary Group initiated protection on Cadre in a analysis be aware on Wednesday, August thirty first. They issued a “purchase” score and a $32.00 value goal for the corporate. Stephens lifted their value goal on Cadre to $32.00 in a analysis be aware on Wednesday, November sixteenth. B. Riley lifted their value goal on Cadre from $32.00 to $38.00 and gave the corporate a “purchase” score in a analysis be aware on Friday, November eleventh. Lastly, Financial institution of America initiated protection on Cadre in a analysis be aware on Tuesday, September sixth. They issued a “purchase” score and a $30.00 value goal for the corporate.
Institutional Buyers Weigh In On Cadre
Institutional traders have not too long ago added to or decreased their stakes within the enterprise. Tower Analysis Capital LLC TRC lifted its stake in Cadre by 75.8% throughout the third quarter. Tower Analysis Capital LLC TRC now owns 2,322 shares of the corporate’s inventory value $56,000 after buying an extra 1,001 shares over the past quarter. Federated Hermes Inc. bought a brand new stake in Cadre throughout the first quarter value roughly $60,000. Amalgamated Financial institution lifted its stake in Cadre by 18.1% throughout the third quarter. Amalgamated Financial institution now owns 3,084 shares of the corporate’s inventory value $74,000 after buying an extra 473 shares over the past quarter. BNP Paribas Arbitrage SNC bought a brand new stake in Cadre throughout the third quarter value roughly $106,000. Lastly, UBS Group AG lifted its stake in Cadre by 180.8% throughout the second quarter. UBS Group AG now owns 5,827 shares of the corporate’s inventory value $115,000 after buying an extra 3,752 shares over the past quarter. Hedge funds and different institutional traders personal 34.09% of the corporate’s inventory.
Cadre Holdings, Inc manufactures and distributes security and survivability gear that gives safety to customers in hazardous or life-threatening conditions in america and internationally. The corporate operates in two segments, Merchandise and Distribution. It primarily supplies physique armor product, similar to concealable, corrections, and tactical armor underneath the Safariland and Protech Tactical manufacturers; survival fits, remotely operated autos, specialty instruments, blast sensors, equipment, and automobile blast attenuation seats for bomb security technicians; bomb fits; obligation gear, together with belts and equipment; and different protecting and regulation enforcement gear comprising communications gear, forensic and investigation merchandise, firearms cleansing options, and crowd management merchandise.
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