Cadre Holdings Inc’s filing revealed that its CEO AND CHAIRMAN KANDERS WARREN B unloaded Company’s shares for reported $0.44 million on Dec 16 ’24. In the deal valued at $36.22 per share,12,133 shares were sold. As a result of this transaction, KANDERS WARREN B now holds 11,395,078 shares worth roughly $386.86 million.
Then, KANDERS WARREN B bought 12,133 shares, generating $438,199 in total proceeds.
Before that, KANDERS WARREN B sold 25,000 shares. Cadre Holdings Inc shares valued at $882,250 were divested by the CEO AND CHAIRMAN at a price of $35.29 per share. As a result of the transaction, KANDERS WARREN B now holds 11,407,211 shares, worth roughly $387.27 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 -5.03% to $33.95. Over the last five days, the stock has lost -3.77%. Cadre Holdings Inc shares have risen nearly 3.22% since the year began. Nevertheless, the stocks have risen 6.63% 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 $35.42, while 200 days put it at $34.91.
Levels Of Support And Resistance For CDRE Stock
The 24-hour chart illustrates a support level at 33.32, which if violated will result in even more drops to 32.69. On the upside, there is a resistance level at 35.12. A further resistance level may holdings at 36.29. The Relative Strength Index (RSI) on the 14-day chart is 43.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.49%. Stochastics %K at 49.51% indicates the stock is a holding.
How much short interest is there in Cadre Holdings Inc?
A steep rise in short interest was recorded in Cadre Holdings Inc stocks on 2024-11-29, dropping by -0.25 million shares to a total of 1.48 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.73 million shares. There was a decline of -17.23%, which implies that there is a negative sentiment for the stock.
