Cadre (NYSE:CDRE) Shares Acquired Rep. Josh Gottheimer

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Cadre Holdings, Inc. (NYSE:CDRE). In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cadre stock on January 27th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

Cadre Price Performance

CDRE opened at $36.26 on Wednesday. The company has a 50 day moving average of $35.29 and a two-hundred day moving average of $35.56. The company has a quick ratio of 1.96, a current ratio of 3.01 and a debt-to-equity ratio of 0.65. Cadre Holdings, Inc. has a 52-week low of $29.18 and a 52-week high of $40.28. The company has a market cap of $1.47 billion, a P/E ratio of 43.69, a P/E/G ratio of 1.63 and a beta of 1.27.

Cadre Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.05%. This is a boost from Cadre’s previous quarterly dividend of $0.09. The ex-dividend date is Friday, January 31st. Cadre’s payout ratio is 45.78%.

Institutional Trading of Cadre

Hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in Cadre by 21.1% in the fourth quarter. JPMorgan Chase & Co. now owns 201,675 shares of the company’s stock worth $6,514,000 after purchasing an additional 35,136 shares during the period. Advantage Alpha Capital Partners LP acquired a new stake in Cadre during the fourth quarter worth about $2,143,000. Vanguard Group Inc. raised its stake in Cadre by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 1,390,965 shares of the company’s stock worth $44,928,000 after acquiring an additional 24,954 shares during the period. LPL Financial LLC lifted its holdings in Cadre by 14.9% in the fourth quarter. LPL Financial LLC now owns 11,713 shares of the company’s stock worth $378,000 after acquiring an additional 1,520 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in Cadre in the fourth quarter valued at approximately $203,000. Institutional investors own 43.95% of the company’s stock.

Insider Buying and Selling

In related news, CEO Warren B. Kanders sold 7,964 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $32.09, for a total value of $255,564.76. Following the completion of the transaction, the chief executive officer now owns 11,899,247 shares in the company, valued at $381,846,836.23. This represents a 0.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Nicolas Sokolow sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $33.25, for a total transaction of $166,250.00. Following the completion of the sale, the director now directly owns 482,620 shares of the company’s stock, valued at approximately $16,047,115. This represents a 1.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 226,310 shares of company stock valued at $7,704,941. Insiders own 37.00% of the company’s stock.

Analyst Ratings Changes

Separately, Roth Mkm decreased their price target on Cadre from $39.00 to $37.00 and set a “buy” rating for the company in a report on Thursday, November 7th.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Cadre Company Profile

Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.