Chief Financial Officer Of Cadre Holdings Sold 28% Of Their Shares

Some Cadre Holdings, Inc. (NYSE:CDRE) shareholders may be a little concerned to see that the Chief Financial Officer, Blaine Browers, recently sold a substantial US$1.0m worth of stock at a price of US$34.06 per share. That sale reduced their total holding by 28% which is hardly insignificant, but far from the worst we've seen.

See our latest analysis for Cadre Holdings

The Last 12 Months Of Insider Transactions At Cadre Holdings

The Executive Chairman & CEO, Warren Kanders, made the biggest insider sale in the last 12 months. That single transaction was for US$50m worth of shares at a price of US$35.00 each. That means that an insider was selling shares at around the current price of US$33.50. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Cadre Holdings insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Cadre Holdings insiders own 36% of the company, currently worth about US$483m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Cadre Holdings Tell Us?

Insiders sold Cadre Holdings shares recently, but they didn't buy any. And even if we look at the last year, we didn't see any purchases. While insiders do own a lot of shares in the company (which is good), our analysis of their transactions doesn't make us feel confident about the company. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Cadre Holdings.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.