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Investing in Cadre Holdings Inc (CDRE) Is Getting More Attractive

In a filing, Cadre Holdings Inc revealed its PRESIDENT Williams Brad unloaded Company’s shares for reported $0.86 million on Dec 03 ’24. In the deal valued at $34.24 per share,25,000 shares were sold. As a result of this transaction, Williams Brad now holds 110,918 shares worth roughly $3.94 million.

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Then, KANDERS WARREN B sold 50,000 shares, generating $1,712,000 in total proceeds. Upon selling the shares at $34.24, the CEO AND CHAIRMAN now owns 11,557,211 shares.

Before that, KANDERS WARREN B sold 25,589 shares. Cadre Holdings Inc shares valued at $875,144 were divested by the CEO AND CHAIRMAN at a price of $34.20 per share. As a result of the transaction, KANDERS WARREN B now holds 11,607,211 shares, worth roughly $412.4 million.

ROTH MKM reiterated its Cadre Holdings Inc [CDRE] rating to a Buy in a research note published on February 21, 2024; the price target was $38. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in late January from “an Outperform” to “a Mkt perform”. BofA Securities began covering CDRE with “Buy” recommendation on September 06, 2022. Jefferies started covering the stock on August 31, 2022. It rated CDRE as “a Buy”.

Price Performance Review of CDRE

On Friday, Cadre Holdings Inc [NYSE:CDRE] saw its stock fall -0.84% to $35.53. Over the last five days, the stock has gained 6.41%. Cadre Holdings Inc shares have risen nearly 8.03% since the year began. Nevertheless, the stocks have risen 9.32% over the past one year. While a 52-week high of $40.28 was reached on 10/11/24, a 52-week low of $29.18 was recorded on 05/08/24. SMA at 50 days reached $36.05, while 200 days put it at $34.96.

Levels Of Support And Resistance For CDRE Stock

The 24-hour chart illustrates a support level at 34.86, which if violated will result in even more drops to 34.19. On the upside, there is a resistance level at 36.32. A further resistance level may holdings at 37.11. The Relative Strength Index (RSI) on the 14-day chart is 56.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.85, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.78%. Stochastics %K at 88.76% 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 2024-11-15, growing by 5617.0 shares to a total of 1.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 1.42 million shares. There was a rise of 0.39%, which implies that there is a positive sentiment for the stock.

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