Insider Cluster (5 insiders) ·Filed Apr 21, 2026

BMI

BADGER METER INC
BULLISH
Impact 7/10
Horizonweeks Processed5mo ago
Insider cluster: 5 insiders, $0.8M total
Actionable Insight ▲ Bullish

This insider buying spree following a negative earnings print suggests leadership sees value at current levels. Traders should watch for stabilizing order trends in the next quarter as a potential inflection point. Consider this a contrarian signal amid short-term weakness.

DirectionBullish
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
BMI ▲ +25.04% at T+60d
LONG call ✓ call won +25.04% · α vs SPY +18.14% · entry $120.89 → $151.16
Entry anchored
Apr 20, 03:59 PM ET
via exchange tick
T+1d
+2.21%
call +2.21% · α +1.19%
$123.56
settled 5mo ago
T+5d
-2.04%
call -2.04% · α -3.13%
$118.42
settled 5mo ago
T+20d
-1.60%
call -1.60% · α -6.51%
$118.96
settled 5mo ago
T+60d
+25.04%
call +25.04% · α +18.14%
$151.16
settled 3mo ago

Price Chart

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Executive Summary

Five Badger Meter insiders, including the CEO and other C-suite executives, collectively purchased $777K of stock in the week following a bearish earnings report that showed declining revenue and earnings. The buying at current levels signals strong confidence in the company's long-term outlook despite near-term headwinds.

Key Financial Metrics

Direction
buying
Total Value
$777.0K
Insiders
5

Key Facts

  • CEO Bockhorst and four other C-suite executives purchased shares totaling $777K within a 7-day window.
  • All purchases were open-market buys, indicating real capital commitment.
  • Total cluster value represents 0.022% of $3.6B market cap — modest but meaningful given concentration in leadership.
  • Trades occurred immediately after a bearish earnings miss (revenue down 9%, EPS down 28%).
  • BERGUM WILLIAM R A executed a discretionary trade of $175K, separate from the cluster but within same window.

Financial Impact

$777,000 in insider buying over 7 days

insider sentimentinvestor confidence

Risk Factors

  • Insider purchases do not guarantee stock price recovery if macro or sector trends worsen.
  • The earnings miss reflects real operational challenges in short-cycle demand and project timing.

Market Snapshot

Exchange
NYSE
Sector
Totalizing Fluid Meters & Counting Devices
Analyst Consensus
59% bullish (17 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-BMI-1776974751869
11 reports for BMI
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+1▲ +2.74%Jul 22, 2026
Filters
Rows
Reports for BMI — sortable, filterable
TypeNow
Aug 3, 2026
8w ago
Institutional Cluster
BULLISH ★ 5/10
$136.95 $135.47▼ −1.08%▼ −2.32%$130.83 (−4.47%)
Jul 27, 2026
9w ago
Press Release
BEARISH ★ 5/10
$134.58 $136.36▼ −1.32%▲ +2.06%$130.83 (+2.79%)
Jul 22, 2026
10w ago
8-K
BEARISH ★ 5/10
$126.67 $130.94▼ −3.37%▼ −0.47%$130.83 (−3.28%)
Jun 11, 2026
16w ago
8-K
NEUTRAL ★ 4/10
$130.52 $144.97▲ +11.07%▲ +9.18%$130.83 (+0.24%)
May 21, 2026
19w ago
8-K
NEUTRAL ★ 5/10
$119.84 $135.32▲ +12.91%▲ +12.58%$130.83 (+9.17%)
Apr 28, 2026
22w ago
8-K
NEUTRAL ★ 2/10
$117.47 $124.74▲ +6.19%▲ +0.14%$130.83 (+11.38%)
Apr 21, 2026
23w ago
Insider Cluster
NEUTRAL ★ 2/10
$120.89 $118.96▼ −1.60%▼ −6.51%$130.83 (+8.22%)
Apr 21, 2026
23w ago
Insider Cluster
BULLISH ★ 7/10
$120.89 $118.96▼ −1.60%▼ −6.51%$130.83 (+8.22%)
Apr 21, 2026
23w ago
Insider Cluster
MIXED ★ 6/10
$120.89 $118.96▼ −1.60%▼ −6.51%$130.83 (+8.22%)
Apr 17, 2026
24w ago
8-K
BEARISH ★ 7/10
$115.54 $117.54▼ −1.73%▲ +3.64%$130.83 (−13.23%)
Showing 10 of 11

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Report published Apr 23, 2026