VP-Controller Tarantino purchases 870 BMI shares at $113.80; part of 3-insider cluster buy in 14 days
Christina M. Tarantino, VP-Controller at Badger Meter, purchased 870 shares at $113.80 on 2026-04-21, increasing her holdings from 931 shares to 1,801 shares (+93.4%). This transaction is part of a broader cluster pattern: 3 other insiders also bought within the same 14-day window. The transaction occurred at a price substantially below the current market level of $123.56, and the stock is currently trading -51.4% from its 52-week high of $254.17. The company reports strong fundamentals with latest-quarter revenue of $202.3M, annual revenue growth of +10.9%, and net income of $27.3M, supporting a P/E of 27.64. The coordinated buying activity by multiple insiders during a period of significant price decline from recent highs warrants investor attention to determine whether this reflects confidence in valuation or other operational factors.