Andersen Group (NYSE:ANDG) Shares Gap Down – Should You Sell?

Andersen Group Inc. (NYSE:ANDGGet Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $50.00, but opened at $45.37. Andersen Group shares last traded at $46.0360, with a volume of 80,502 shares.

Key Headlines Impacting Andersen Group

Here are the key news stories impacting Andersen Group this week:

  • Positive Sentiment: Analysts raised their targets: Robert W. Baird increased its target from $44 to $57 and upgraded the stock to “outperform,” while Truist raised its target from $42 to $55 and maintained a “buy” rating. Wells Fargo lifted its target from $38 to $49 but retained an “equal weight” rating. Benzinga analyst updates The Fly analyst updates
  • Positive Sentiment: Record second-quarter revenue: Andersen Group reported revenue of $217.7 million and an adjusted loss of $0.09 per share, beating the consensus estimate for a $0.16 loss. The results indicate better-than-expected quarterly execution. Andersen Group delivers record second-quarter revenue
  • Positive Sentiment: 2026 outlook reaffirmed: Management maintained its revenue forecast of $980 million to $1 billion and adjusted EBITDA margin guidance of 22% to 23%, supporting confidence in its full-year targets. Andersen reaffirms 2026 guidance
  • Positive Sentiment: Expansion through acquisitions: Andersen announced plans to acquire Andersen Mexico and five additional U.S. firms, alongside two strategic acquisitions expanding its presence in the United Kingdom and United States. The deals could broaden its geographic reach and future revenue base. Andersen Group adds six firms
  • Neutral Sentiment: Organic growth is a watch point: Management reaffirmed its targets while noting that inorganic revenue growth is slowing, which could make continued acquisitions more important to achieving the outlook. Andersen revenue and margin outlook
  • Negative Sentiment: Valuation and leverage remain risks: Andersen Group trades at a very high earnings multiple, while its debt-to-equity ratio is elevated. These factors may encourage investors to lock in gains even after positive earnings and guidance news.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $41.00 price target on shares of Andersen Group in a research note on Wednesday, May 13th. Robert W. Baird lifted their price objective on shares of Andersen Group from $44.00 to $57.00 and gave the company an “outperform” rating in a research report on Thursday. Wells Fargo & Company upped their target price on shares of Andersen Group from $38.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Thursday. UBS Group lifted their target price on Andersen Group from $34.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, May 14th. Finally, Truist Financial boosted their target price on Andersen Group from $42.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $49.67.

Read Our Latest Stock Analysis on ANDG

Andersen Group Price Performance

The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 9.72. The firm’s 50-day moving average price is $41.47 and its 200-day moving average price is $33.14. The stock has a market capitalization of $5.22 billion and a PE ratio of 272.03.

Andersen Group (NYSE:ANDGGet Free Report) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.07. The company had revenue of $217.66 million during the quarter. On average, equities analysts forecast that Andersen Group Inc. will post 0.73 EPS for the current fiscal year.

Insider Buying and Selling at Andersen Group

In other Andersen Group news, Director Robert V. Gunderson, Jr. bought 2,367 shares of Andersen Group stock in a transaction on Wednesday, May 20th. The shares were acquired at an average price of $35.82 per share, for a total transaction of $84,785.94. Following the completion of the purchase, the director directly owned 15,000 shares in the company, valued at approximately $537,300. This trade represents a 18.74% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Durable Capital Partners Lp sold 336,736 shares of the company’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $40.01, for a total transaction of $13,472,807.36. Following the completion of the transaction, the insider owned 1,333,749 shares in the company, valued at approximately $53,363,297.49. The trade was a 20.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 13.00% of the company’s stock.

Institutional Trading of Andersen Group

Several institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE lifted its holdings in shares of Andersen Group by 512.0% in the 1st quarter. Bank of America Corp DE now owns 12,852 shares of the company’s stock worth $350,000 after buying an additional 10,752 shares during the period. Renaissance Technologies LLC bought a new position in Andersen Group during the 1st quarter worth about $1,686,000. Sei Investments Co. increased its position in Andersen Group by 96.3% during the 1st quarter. Sei Investments Co. now owns 121,649 shares of the company’s stock valued at $3,309,000 after purchasing an additional 59,693 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Andersen Group by 1.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 130,856 shares of the company’s stock valued at $3,559,000 after purchasing an additional 1,267 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Andersen Group by 47.0% in the 1st quarter. Bank of New York Mellon Corp now owns 18,636 shares of the company’s stock valued at $507,000 after purchasing an additional 5,962 shares in the last quarter.

About Andersen Group

(Get Free Report)

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.

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