On May 5, 2026, Patrick E. Bowe, Director of The Andersons (ANDE), sold 16,466 shares of the company’s stock for approximately $1.33 million, as reported in an SEC Form 4 filing. This transaction, executed at a price of $80.76 per share, slightly exceeds Bowe’s average selling volume of around 13,100 shares, indicating a continuation of his trend of gradually reducing his holdings over the past two years.
This sale represents 17.36% of Bowe’s direct holdings, which now total 78,408 shares valued at about $6.2 million. Notably, Bowe has decreased his stake by approximately 80% since August 2023, primarily through a series of open-market sales. The Andersons recently reported a record Q1 with an adjusted EPS of $1.12, significantly surpassing consensus estimates, which could bolster investor confidence in the company’s growth trajectory.
For investors, Bowe’s ongoing substantial stake suggests alignment with the company’s prospects, despite his recent selling activity. However, any acceleration in his selling could raise concerns about future performance.
Source: fool.com