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.