ANDE Andersons, Inc. Insider Trading

Director Bowe sells 16,466 shares worth $1.33M; 6th open-market sale at ANDE in 36 months, mixed prior timing on same-ticker exits.

Patrick Bowe, a director at Andersons, disposed of 16,466 shares on the open market—his sixth sale at this company in the past three years and his 31st open-market sale across all holdings during the same period. The $1.33M transaction represents roughly one-sixth of his holdings as of the most recent filing date. Bowe has demonstrated mixed timing on his previous five sales at Andersons: at the 30-day mark, two were well-timed (the stock declined after he sold) while three were poorly timed (it rose); over 90 days, the picture reversed with four well-timed exits and one poorly timed, indicating the stock initially dipped but then recovered. The company remains profitable with solid annual revenue, though recent fiscal results show modest revenue headwinds on a year-over-year basis. Bowe's sustained selling pattern—six open-market dispositions at this ticker alone—alongside his zero open-market purchases across his entire filing record suggests ongoing reduction of exposure rather than a tactical adjustment tied to any specific price level or corporate event.

Director Patrick Bowe sells ~19K shares at ~$78 as stock hits fresh 52-week highs, trimming 16.8% of position

Patrick Bowe, a director of Andersons, Inc., sold approximately 19,100 shares as the stock reached its 52-week high and continues trading at elevated levels following a sharp multi-month rally. This represents a meaningful 16.8% reduction in his holdings, suggesting he may be taking profits after the stock's significant appreciation or rebalancing his exposure. The timing is notable—most insider selling happens during normal market conditions, but this sale follows an especially strong run where the stock has surged substantially in recent months. While Andersons is a profitable company with stable fundamentals, the director's decision to lighten his stake at cyclical highs warrants attention as a potential signal that he views current valuation as less attractive than recent entry points. This is not panic selling, but rather the kind of tactical profit-taking that experienced insiders often execute near peak valuations.

Director Bowe Patrick E. sold 15,000 shares of ANDE at $74.33 on 2026-04-06; stock up 14.0% in 30d

Director Bowe Patrick E. sold 15,000 shares (reducing holdings by 10.4%) at $74.33, near the 52-week high of $74.49. In his cross-ticker track record, 16 prior sells show an average 90-day return of -4.4% with a 100.00% well-timed rate (100% of those sales preceded declines). However, at ANDE specifically, his 2 prior measurable sales (in April 2024) were both well-timed: -15.0% and -13.8% 30-day returns. The current 30-day window post-sale shows the stock up 14.0%, and it currently trades at $73.03, down 2.0% from the 52-week high but still elevated. The company trades at a P/E of 44.80 with recent revenue declining 2.2% year-over-year, which may warrant scrutiny of the valuation against fundamentals.

Director Patrick E. Bowe sold 15,000 shares (15.0K) at blended average $72.74 via 10b5-1 plan at ANDE

Director Patrick E. Bowe executed two separate sales totaling 15,000 shares for $1,091,148.00 on March 24-25, 2026, reducing his holdings from 159,874 shares to 144,874 shares. This transaction is part of a pre-arranged 10b5-1 trading plan, indicating the sales were scheduled rather than discretionary decisions. The -9.4% reduction in his shareholding represents a substantial volume reduction, though his post-transaction holdings of 144,874 shares remain significant. As a scheduled transaction under Rule 10b5-1, this sale reflects an execution of a previously-planned program and does not carry timing or conviction signals.

Director Bowe Patrick E. sold 15,000 shares of ANDE at $70.41 via pre-arranged 10b5-1 plan; retains 159,874 shares.

Director Bowe Patrick E. executed a sale of 15,000 shares (15.0K shares) at $70.41 on 2026-03-16, reducing his holdings from 174,874 shares (174.9K shares) to 159,874 shares (159.9K shares), a reduction of 8.6%. This sale occurred under a pre-arranged 10b5-1 trading plan, meaning the transaction was scheduled and not discretionary. The director retains substantial holdings post-transaction, indicating continued meaningful equity exposure to Andersons, Inc.

VP & Treasurer Walz sells 8,975 shares of ANDE at $70.74, reducing holdings by 43.0% to 11,912 shares ($634.9K)

Walz sold 8,975 shares at $70.74 on 2026-03-12, reducing his holdings from 20,887 shares to 11,912 shares—a 43.0% reduction in position size. The sale occurred at a price -1.6% from the 52-week high of $71.24, near the upper end of the year's range. The sale also comes as ANDE trades at a P/E of 43.02 with annual revenue declining -2.2% year-over-year, despite strong 90-day momentum of +27.3%. The material reduction in a senior officer's direct equity stake warrants investor scrutiny of underlying business conditions and the officer's rationale.