Andersen Group (NYSE:ANDG) Shares Gap Down – Here’s Why

Andersen Group Inc. (NYSE:ANDG) gapped down before the market opened 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 changing hands.

More Andersen Group News

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

• Positive Sentiment: Strong second-quarter performance: Andersen reported record Q2 revenue of $217.7 million and adjusted EPS of negative $0.09, beating the consensus estimate of negative $0.16. The results indicate better-than-expected profitability despite the reported loss. Andersen Group earnings report
• Positive Sentiment: Full-year outlook reaffirmed: Management maintained its 2026 revenue forecast of $980 million to $1 billion and adjusted EBITDA margin guidance of 22% to 23%, reducing concerns about a near-term deterioration in operating performance. Andersen reaffirms 2026 guidance
• Positive Sentiment: Analysts raised targets: Robert W. Baird increased its target from $44 to $57 and upgraded or maintained an “outperform” view, while Truist lifted its target from $42 to $55 and kept a “buy” rating. These revisions suggest improving confidence in Andersen’s earnings trajectory. Analyst price-target changes
• Neutral Sentiment: More cautious analyst view: Wells Fargo raised its target from $38 to $49 but retained an “equal weight” rating, implying limited expected upside from recent levels and a more balanced risk-reward assessment. Wells Fargo Andersen Group coverage
• Neutral Sentiment: Growth mix bears watching: The company said inorganic revenue growth is slowing. While overall guidance was reaffirmed, investors may monitor whether acquisition-related growth moderates further. Q2 2026 earnings call transcript

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ANDG. Weiss Ratings raised shares of Andersen Group from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, June 1st. Truist Financial lifted their price target on shares of Andersen Group from $42.00 to $55.00 and gave the company a “buy” rating in a report on Thursday. UBS Group boosted their price target on shares of Andersen Group from $34.00 to $42.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Wells Fargo & Company upped their price objective on shares of Andersen Group from $38.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Thursday. Finally, Morgan Stanley raised their price objective on shares of Andersen Group from $27.00 to $54.00 and gave the stock an “equal weight” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $52.17.

Andersen Group Trading Up 1.1%

The company has a debt-to-equity ratio of 7.82, a quick ratio of 2.36 and a current ratio of 2.19. The stock has a market cap of $5.51 billion and a P/E ratio of 287.19. The company has a 50-day simple moving average of $41.84 and a 200-day simple moving average of $33.43.

Andersen Group (NYSE:ANDG) last announced its 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 business had revenue of $217.66 million for the quarter. On average, sell-side analysts forecast that Andersen Group Inc. will post 0.73 EPS for the current fiscal year.

Insider Transactions at Andersen Group

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

Institutional Trading of Andersen Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Teacher Retirement System of Texas acquired a new position in Andersen Group during the 4th quarter worth $4,278,000. PNC Financial Services Group Inc. acquired a new stake in shares of Andersen Group in the 4th quarter valued at $215,000. Royce & Associates LP bought a new stake in shares of Andersen Group during the fourth quarter worth $19,948,000. Seven Grand Managers LLC bought a new stake in shares of Andersen Group during the fourth quarter worth $12,965,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Andersen Group during the fourth quarter valued at $10,420,000.

Andersen Group Company Profile

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.