Badger Meter CEO Kenneth Bockhorst buys 2,200 shares at $117.53; stock down -29.0% in 90 days; cluster pattern detected.
Kenneth Bockhorst, Chairman, President & CEO of Badger Meter, purchased 2,200 shares at $117.53 on 2026-04-21, increasing holdings from 49,476 to 51,676 shares. The transaction occurs in a sharply deteriorating price environment: the stock has declined -29.0% over 90 days and currently trades at $120.89, down -52.4% from its 52-week high of $254.17. His prior same-ticker history shows three sales in early March 2025, all of which were followed by 90-day gains (+17.0% to +21.2%), indicating poorly timed exits that missed subsequent recoveries. The current buy follows a February 2026 purchase that itself showed a -5.3% 30-day return, suggesting a pattern of buying into weakness. This transaction is part of a broader cluster: 3 other insiders also bought within the past 14 days, which may indicate organizational-level confidence despite the recent price deterioration, though the cross-ticker timing accuracy of prior open-market activity (0.00% well-timed rate on sells) does not establish predictive value for this position.