EVP Robert Wrocklage buys 1,000 shares at $122.35; stock down 51.6% from 52-week high amid 4-person cluster purchase
Wrocklage, EVP of North America Municipal Utility at Badger Meter, purchased 1,000 shares at $122.35 on 2026-04-23, bringing his holdings to 23,321 shares. The transaction occurs as the stock trades at $123.00, down 51.6% from its 52-week high of $254.17 and down 27.4% over the past 90 days. More notably, this purchase is part of a cluster pattern: 4 other insiders bought within the same 14-day window. Badger Meter trades at a P/E of 27.52 with $202.3M quarterly revenue and 10.9% annual growth, suggesting the company remains operationally sound despite the sharp recent drawdown. The concentration of insider buying during a period of significant stock weakness warrants attention as a potential signal of management's assessment of valuation, though Wrocklage's own prior trades at this ticker show a -3.6% 30-day return, indicating his recent timing has not been favorable.
EVP Wrocklage buys 1,650 BMI shares at $152.35 amid -12.4% 30-day decline and 32.49 P/E
Wrocklage, EVP of North America Municipal Utility at Badger Meter, purchased 1,650 shares for $251,377.50 on 2026-02-09, increasing his holdings by 9.2% to 19,541 shares. The purchase occurred as the stock has declined 12.4% over the past 30 days and trades 39.8% below its 52-week high of $254.17, though the company maintains solid fundamentals with annual revenue growth of +17.5% and a P/E of 32.49. The timing of this open-market acquisition against a recent downtrend may signal his view on valuation at current levels, though the execution reflects a discrete transaction rather than a pattern of active accumulation or rebalancing.
