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Warren Kanders Sells Shares Amid Stock Dip | Business and Finance News
Description
Warren Kanders, CEO of Cadre Holdings, quietly cashed out 75K shares worth $2.07M — a smaller move than his usual sales — even though he still owns over 9M shares and earns $4M+ annually. The company, which supplies critical gear to law enforcement, is facing a 10% stock drop over the past year, often following his past sales. While insider selling isn’t always bad news, CEO-level exits amid falling prices raise eyebrows. Yet Cadre remains profitable and dominant in its niche — investors are watching closely.
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