Warren Kanders Sells 100,000 Shares of CDRE
CEO Warren Kanders sold 100,000 shares of CDRE for $3.00 million.
Key Points
- Warren Kanders, CEO of CDRE, sold 100,000 shares at $30.03 each, totaling $3.00 million on June 15, 2026.
- CDRE shares recently traded at $28.75, with peers like FMR LLC reducing their holdings by 479,459 shares.
- Analysts like Roth Capital maintain a 'buy' rating with a price target of $50.00 as of February 3, 2026.
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Warren Kanders, the CEO and Chairman of CDRE, sold 100,000 shares of the company on June 15, 2026. The shares were sold at an average price of $30.03, amounting to a total transaction value of $3.00 million. This transaction is part of a series of sales by Kanders, who has been actively trading shares of CDRE.
Insider Buying and Selling at Cadre Holdings, Inc.
Warren Kanders has been busy with multiple transactions involving CDRE stock. On June 17, 2026, he sold an additional 25,000 shares at $28.68 each. Earlier, on June 16, he parted with another 100,000 shares at $28.19 per share. These sales follow previous transactions in March, where he sold 100,000 shares at prices ranging from $31.93 to $31.40.
Other Institutional Activity in CDRE
Several institutional investors have also adjusted their positions in CDRE. FMR LLC reduced its stake by 479,459 shares, leaving it with 3,319,196 shares valued at approximately $101.83 million. Meanwhile, Greenhouse Funds LLLP increased its holdings by 76,343 shares, ending with 2,868,378 shares worth about $88.00 million. BlackRock, Inc. trimmed its position by 27,815 shares, holding a total of 2,626,383 shares valued at $80.58 million. Reinhart Partners, LLC increased its stake by 67,548 shares to a total of 2,237,897 shares, valued at $68.66 million. State Street Corp added 178,634 shares, bringing its total to 1,396,323 shares worth $42.84 million.
Cadre Holdings, Inc. Stock Down 6.5%
Shares of CDRE are trading around $28.75. The stock has seen various analyst opinions, with firms like Roth Capital maintaining a 'buy' rating and setting a price target of $50.00 as of February 3, 2026.
Analysts Set New Price Targets
On February 3, 2026, Roth Capital maintained its 'buy' rating for CDRE with a price target of $50.00. Lake Street also maintained a 'buy' rating with a target of $43.00 back in October 2025. B of A Securities had downgraded the stock to 'sell' with a $26.00 target in August 2025.
Bottom Line
Warren Kanders' recent sales of CDRE shares, along with the activity from other institutional investors, provide a glimpse into the current sentiment around the stock. Analysts continue to hold varied views, with some maintaining positive outlooks. However, it's important to remember that insider and institutional trades are backward-looking and may not reflect current positions or future intentions.
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