Figma Shares Indicated To Open $105/$110
Kimberly K. Stoll, Vice President of Sales & Marketing at Badger Meter Inc . (NYSE:BMI), recently sold 1,376 shares of the company’s common stock. The shares were sold at a weighted average price of $209.74, with prices ranging from $208.98 to $210.52, according to a filing with the Securities and Exchange Commission. Following the transaction, Stoll retains ownership of 3,217 shares. This sale reflects a total transaction value of approximately $288,602. According to InvestingPro, BMI has maintained dividend payments for 55 consecutive years and currently trades near its 52-week high of $239.11. Want deeper insights into insider trading patterns and 14+ more exclusive ProTips? Explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Badger Meter has made headlines with its largest acquisition to date, purchasing SmartCover for $185 million. This strategic move is expected to initially dilute earnings per share in 2025, but analysts from Stifel anticipate a neutral impact by 2026. The acquisition is projected to positively influence Badger Meter’s organic growth starting in 2026 and contribute to EBITDA margins by 2027 and 2028. Stifel analysts have responded to these developments by slightly increasing the price target for Badger Meter shares to $209, while maintaining a Hold rating. They noted the acquisition as a significant milestone and highlighted the robust growth of Badger Meter’s base business. Despite the initial dilutive effect, the long-term outlook from Stifel suggests enhanced growth and profitability due to the SmartCover deal. These recent developments underscore Badger Meter’s strategic efforts to bolster its market position.
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