Insider Buying at Badger Meter and Total Return Securities Fund
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy BMI?
Source: NASDAQ.COM
- Insider Purchase: Badger Meter's CEO Kenneth Bockhorst purchased 2,200 shares of BMI at $117.53 each on Tuesday, totaling $258,573, with a profit of about 7% at the day's high.
- Price Fluctuation: On Wednesday, BMI reached a high of $125.81, while Badger Meter's stock rose approximately 3.5% that day, indicating positive market sentiment towards its future performance.
- Ongoing Investment: Bockhorst previously bought 502,986 shares at $152.42 each over the past 12 months, reflecting his confidence in the company's long-term growth prospects.
- Total Return Securities Fund Activity: CEO Andrew Dakos bought 11,265 shares of SWZ at $6.06 each on Friday for a total of $68,315, having made seven prior purchases in the last year, demonstrating his commitment to the fund.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy BMI?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on BMI
Wall Street analysts forecast BMI stock price to rise
7 Analyst Rating
5 Buy
1 Hold
1 Sell
Moderate Buy
Current: 123.000
Low
157.00
Averages
214.86
High
243.00
Current: 123.000
Low
157.00
Averages
214.86
High
243.00
About BMI
Badger Meter, Inc. is a manufacturer and marketer of products incorporating flow measurement, quality, control and other system solutions serving markets worldwide. Its offerings, marketed as BlueEdge, include a suite of tailorable solutions that connect water management technology, software and support services to deliver insights enabling the proactive management of water across the water cycle. Its solutions include measurement and control hardware, connectivity and communication, data visualization and software-delivered actionable insights, and ongoing support to optimize customers' operations. Its measurement and control hardware, instruments and sensors include product families, such as meters that measure the flow of water and other fluids, water quality monitoring solutions and high frequency pressure and acoustic leak detection hardware that provides real-time monitoring data. It offers a range of communication solutions including the ORION branded family of radio endpoints.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Investigation Launched: The Schall Law Firm has announced an investigation into Badger Meter, focusing on whether the company issued false or misleading statements or failed to disclose information critical to investors, which could impact the company's reputation and shareholder confidence.
- Earnings Miss: Badger Meter's Q1 2026 financial results, released on April 17, revealed earnings per share that fell short of market expectations, reflecting pressure on the company's financial performance and potentially raising concerns among investors about future results.
- Sales Decline: The company reported a 10% year-over-year decline in utility water sales, primarily attributed to project timing and short-cycle municipal ordering, which may weaken its competitive position in the market.
- Stock Price Plunge: Following this news, Badger Meter's shares fell by more than 24.1% on the same day, indicating strong investor concerns about the company's outlook and potentially triggering further legal actions.
See More
- Quarterly Dividend Announcement: Badger Meter has declared a quarterly dividend of $0.40 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flow despite challenges in meeting revenue and EPS expectations for Q1.
- Dividend Yield: The forward yield of 1.31% reflects the company's commitment to shareholder returns, and despite the negative market reaction to its Q1 earnings report, the dividend policy helps bolster investor confidence in the company's financial health.
- Payment Schedule: The dividend is payable on June 5, with a record date of May 22 and an ex-dividend date also set for May 22, ensuring that shareholders receive timely returns, which further solidifies the company's shareholder base.
- Acquisition Plans: Badger Meter anticipates organic revenue for 2026 to align with 2025 and has agreed to acquire UDlive for $100 million, a move that not only aids in expanding its market share but also has the potential to enhance future revenue growth prospects.
See More
- Insider Purchase: Badger Meter's CEO Kenneth Bockhorst purchased 2,200 shares of BMI at $117.53 each on Tuesday, totaling $258,573, with a profit of about 7% at the day's high.
- Price Fluctuation: On Wednesday, BMI reached a high of $125.81, while Badger Meter's stock rose approximately 3.5% that day, indicating positive market sentiment towards its future performance.
- Ongoing Investment: Bockhorst previously bought 502,986 shares at $152.42 each over the past 12 months, reflecting his confidence in the company's long-term growth prospects.
- Total Return Securities Fund Activity: CEO Andrew Dakos bought 11,265 shares of SWZ at $6.06 each on Friday for a total of $68,315, having made seven prior purchases in the last year, demonstrating his commitment to the fund.
See More
- Sales Decline: Badger Meter reported a 9% drop in sales for Q1, indicating weak market demand that could adversely affect the company's future revenue growth and market share.
- Earnings Per Share Drop: The diluted EPS also fell, reflecting a decrease in the company's profitability, which may lead to a decline in investor confidence.
- Analysts Lower Price Targets: Following the disappointing results, analysts have lowered their price targets on Badger Meter stock, which could further pressure the stock price and influence investor decisions.
- Uncertain Market Outlook: The overall decline in performance and negative analyst expectations may pose greater market challenges for Badger Meter in the coming quarters, impacting its strategic planning and investment attractiveness.
See More
- JPMorgan's Target Price Adjustment: JPMorgan has reduced its target price for a specific stock from $190 to $160.
- Market Implications: This adjustment may reflect changing market conditions or company performance expectations.
See More
- Revenue Decline: Badger Meter reported Q1 revenue of $202.3 million, a 9% year-over-year decline that fell short of analyst expectations of $231.1 million, indicating short-term challenges in market demand.
- Profitability Pressure: The adjusted EPS of $0.93 was 24% below the expected $1.22, highlighting pressures on the company regarding cost control and competitive positioning in the market.
- Project Delivery Delays: Management noted that the completion of several large advanced metering infrastructure projects led to a temporary revenue gap, with new projects expected to begin deployment in the second half of 2026, potentially driving future revenue growth.
- Acquisition Impact: The acquisition of UK-based UDLive is set to enhance Badger Meter's capabilities in sewer line monitoring, expected to positively impact earnings in the first year and provide long-term growth potential as regulations and customer demand drive adoption.
See More











