Cadre Holdings Inc. [CDRE] Stock sold by Insider Williams Brad for $0.52 million


Cadre Holdings Inc.’s filing revealed that its PRESIDENT Williams Brad unloaded Company’s shares for reported $0.52 million on Aug 30. In the deal valued at $25.89 per share,20,000 shares were sold. As a result of this transaction, Williams Brad now holds 78,324 shares worth roughly $ 2.04 million.

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Then, Williams Brad sold 400 shares, generating $10,240 in total proceeds. Upon selling the shares at $25.60, the PRESIDENT now owns 98,324 shares.

Before that, SOKOLOW NICOLAS sold 9,609 shares. Cadre Holdings Inc. shares valued at $244,165 were divested by the Director at a price of $25.41 per share. As a result of the transaction, SOKOLOW NICOLAS now holds 91,347 shares, worth roughly $2.38 million.

BofA Securities initiated its Cadre Holdings Inc. [CDRE] rating to a Buy in a research note published on Friday, September 06, 2022; the price target was $30. PT values the company’s stock at a premium of 13.27 to its Friday closing price.

Price Performance Review of CDRE

On Friday, Cadre Holdings Inc. [NYSE:CDRE] saw its stock fall -1.51% to $26.02. On the same session, the stock had its day’s lowest price of $25.93, but rose to a high of $26.45. Over the last five days, the stock has gained 4.62%. Cadre Holdings Inc. shares have risen nearly 29.20% since the year began. Nevertheless, the stocks have risen 2.04% over the past one year. While a 52-week high of $31.50 was reached on 08/09/23, a 52-week low of $16.58 was recorded on 03/16/23. SMA at 50 days reached $23.52, while 200 days put it at $22.26. A total of 0.21 million shares were traded, compared to the trading of 0.12 million shares in the previous session.

Levels Of Support And Resistance For CDRE Stock

The 24-hour chart illustrates a support level at 25.82, which if violated will result in even more drops to 25.61. On the upside, there is a resistance level at 26.34. A further resistance level may holdings at 26.65. The Relative Strength Index (RSI) on the 14-day chart is 66.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.00, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.73%. Stochastics %K at 92.51% indicates the stock is a selling.

How much short interest is there in Cadre Holdings Inc.?

A steep rise in short interest was recorded in Cadre Holdings Inc. stocks on Aug 14, 2023, growing by 44740.0 shares to a total of 0.55 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.51 million shares. There was a rise of 8.1%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.87% of the overall stock float, the days-to-cover ratio (short ratio) rose to 7.51.

Cadre Holdings Inc. [CDRE] – Who Are The Largest Shareholders?

In filings from FIAM LLC, it is revealed that the company now owns 2,598,491 shares, or roughly 6.91% of the outstanding CDRE shares. In other words, the investor’s shares have risen by 250,804 from its previous 13-F filing of 2347687.0. Additionally, Fidelity Management & Research Co increased 110.88% of its stake after which the total value it holdings stand at $56,273,771, while Greenhouse Funds LLLP added 13.63% of its stake to hold $50.27 million in the firm. Over the last quarter, Wynnefield Capital, Inc. purchased 144,056 shares of Cadre Holdings Inc., while T. Rowe Price Investment Manageme bought -50,140 shares. At present, BlackRock Fund Advisors is holding 1,129,953 shares valued at $26.29 million. The Vanguard Group, Inc. owned 861,200 shares of the company at the time of its most recent 13F filing, worth $20.04 million.

According to FactSet, Cadre Holdings Inc.’s share price will average $30.63 in the next year, based on opinions of analysts polled by the firm. This is up nearly 15.44 percent from its previous closing price of $26.42. Analysts expect Cadre Holdings Inc. stock to reach the higher price of $35.00, while the lowest price estimate is $26.00. However, 8 analysts have rated CDRE stock as a Buy in their predictions for 2023.


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