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 Bowe Patrick E. sells 15,000 shares (15.0K shares) for $1,091,148.00 at ANDE; $72.74 avg price near 52-week high of $73.19.
Bowe Patrick E. executed 2 separate sales totaling 15,000 shares for $1,091,148.00 ($72.74 blended average price), reducing his holdings from 159.9K to 144.9K shares (-9.4%). The sales occurred on 2026-03-24 and 2026-03-25 at prices of $72.09 and $72.78, just below the 52-week high of $73.19, as the stock has risen 35.0% over 90 days and 11.5% over 30 days. His prior 4 same-ticker sells were all well-timed at the 90-day mark, with an average 90-day return of -9.2%, establishing a pattern of selling before declines at this specific ticker. However, cross-ticker track record shows average 90-day return of -4.4% with 100.0% well-timed rate across 14 prior sells, suggesting this insider has demonstrated consistent timing discipline over his broader trading history. The current valuation context—P/E of 44.17 against annual revenue decline of -2.2% and modest recent net income of $20.1M—may inform the magnitude of the sale relative to his large remaining position.
Director Bowe Patrick E. sold 15,000 shares of ANDE at $70.41; all 5 prior ANDE sales were well-timed at 90-day mark.
Director Patrick E. Bowe sold 15,000 shares (15.0K shares) at $70.41, reducing holdings by 8.6% to 159,874 shares (159.9K shares). This sale occurred near the 52-week high of $71.24 (-1.8%), within a context of recent strong price momentum (90-day change: +26.8%). Notably, Bowe's prior timing at ANDE is remarkably consistent: all 5 prior sells at this ticker produced negative 90-day returns, establishing a 100% well-timed rate on sales at the same ticker. His cross-ticker track record reinforces this pattern—13 prior sells with a 90d well-timed rate of 100.00%—suggesting a demonstrated ability to sell ahead of declines. Given the stock's current valuation pressures (P/E of 42.91) and modest fundamentals (annual revenue growth of -2.2%), the director's decision to sell at an elevated price level warrants attention from investors assessing whether this insider positioning reflects forward expectations.
