VP-Engineering Callahan purchases 858 BMI shares at $116.30; holdings surge +261.6% in cluster pattern amid -51.4% drawdown from 52-week high
Callahan Edward F., VP-Engineering at Badger Meter, purchased 858 shares at $116.30 on 2026-04-21, increasing his holdings from 328 to 1,186 shares (+261.6% net change). This transaction occurs within a cluster of three other insider buys in the past 14 days, establishing a contemporaneous pattern of executive accumulation. The timing is notable: the current price of $123.56 is -51.4% from the 52-week high of $254.17 and has declined -28.2% over the past 90 days, placing the transaction during a significant drawdown. With the company posting $202.3M quarterly revenue growth of +10.9% year-over-year and net income of $27.3M, the fundamental earnings picture remains positive despite recent share-price weakness.