Rep. Josh Gottheimer Buys Cadre Holdings, Inc. (NYSE:CDRE) Shares

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 Stock Down 2.3 %

Shares of NYSE CDRE opened at $35.61 on Thursday. The company has a market capitalization of $1.45 billion, a P/E ratio of 42.90, a P/E/G ratio of 1.63 and a beta of 1.27. Cadre Holdings, Inc. has a 1 year low of $29.18 and a 1 year high of $40.28. The company has a debt-to-equity ratio of 0.65, a current ratio of 3.01 and a quick ratio of 1.96. The company has a 50 day simple moving average of $35.30 and a 200-day simple moving average of $35.56.

Cadre Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.07%. This is a positive change from Cadre’s previous quarterly dividend of $0.09. The ex-dividend date is Friday, January 31st. Cadre’s payout ratio is presently 45.78%.

Insider Buying and Selling at Cadre

In other Cadre news, Director Nicolas Sokolow sold 1,095 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $34.10, for a total value of $37,339.50. Following the completion of the transaction, the director now owns 83,208 shares in the company, valued at $2,837,392.80. The trade was a 1.30 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Warren B. Kanders sold 25,000 shares of the stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $35.83, for a total value of $895,750.00. Following the completion of the sale, the chief executive officer now owns 11,532,211 shares in the company, valued at approximately $413,199,120.13. The trade was a 0.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 226,310 shares of company stock valued at $7,704,941 in the last three months. 37.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Cadre

Large investors have recently made changes to their positions in the stock. Assetmark Inc. purchased a new stake in Cadre in the fourth quarter valued at approximately $31,000. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Cadre by 51.9% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,066 shares of the company’s stock valued at $99,000 after buying an additional 1,048 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Cadre in the 4th quarter valued at $100,000. US Bancorp DE lifted its stake in Cadre by 10.6% during the 4th quarter. US Bancorp DE now owns 4,178 shares of the company’s stock worth $135,000 after acquiring an additional 400 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in Cadre by 1,451.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 4,251 shares of the company’s stock valued at $137,000 after acquiring an additional 3,977 shares during the period. 43.95% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Roth Mkm decreased their price target on Cadre from $39.00 to $37.00 and set a “buy” rating on the stock in a research note 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.