Have Cadre Holdings Insiders Been Selling Stock?

Some Cadre Holdings, Inc. (NYSE:CDRE) shareholders may be a little concerned to see that the Executive Chairman & CEO, Warren Kanders, recently sold a substantial US$6.6m worth of stock at a price of US$33.12 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 1.8%.

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Cadre Holdings Insider Transactions Over The Last Year

Notably, that recent sale by Executive Chairman & CEO Warren Kanders was not the only time they sold Cadre Holdings shares this year. Earlier in the year, they fetched US$33.98 per share in a -US$7.3m sale. So what is clear is that an insider saw fit to sell at around the current price of US$31.90. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. 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).

Insiders in Cadre Holdings didn't buy any shares in the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

See our latest analysis for Cadre Holdings

I will like Cadre Holdings better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Insider Ownership

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Cadre Holdings insiders own 30% of the company, currently worth about US$394m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Cadre Holdings Tell Us?

An insider hasn't bought Cadre Holdings stock in the last three months, but there was some selling. And there weren't any purchases to give us comfort, over the last year. 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. Every company has risks, and we've spotted 1 warning sign for Cadre Holdings you should know about.

Of course Cadre Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality 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.