Insider Selling: Cactus (NYSE:WHD) CEO Sells $6,391,000.00 in Stock

November 4, 2026 by InsiderTrades.com

Key Points

Cactus CEO Scott Bender sold 100,000 shares for $6.391 million at an average price of $63.91. The sale was made under a pre-arranged Rule 10b5-1 plan; he retained 120,527 shares, reducing his position by 45.35%.
Cactus reported quarterly EPS of $0.96, beating analyst estimates of $0.77, while revenue of $430.89 million fell short of forecasts. Revenue increased 63.2% year over year.
The company announced a quarterly dividend of $0.15 per share, equal to a 1.0% annualized yield. Analysts’ consensus rating was “Moderate Buy,” with a $74.75 price target.

Cactus, Inc. (NYSE:WHD - Get Free Report) CEO Scott Bender sold 100,000 shares of the company's stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $63.91, for a total value of $6,391,000.00. Following the completion of the sale, the chief executive officer owned 120,527 shares in the company, valued at $7,702,880.57. This represents a 45.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

3 Attractive Mid Cap Swing Trades

Scott Bender also recently made the following trade(s):

On Thursday, October 1st, Scott Bender sold 100,000 shares of Cactus stock. The shares were sold at an average price of $61.97, for a total value of $6,197,000.00.

Cactus Stock Performance

Shares of NYSE WHD opened at $62.07 on Wednesday. The company has a current ratio of 3.06, a quick ratio of 2.10 and a debt-to-equity ratio of 0.01. Cactus, Inc. has a 12 month low of $39.16 and a 12 month high of $74.07. The stock has a 50 day moving average of $65.63 and a 200-day moving average of $58.44. The company has a market capitalization of $4.98 billion, a P/E ratio of 43.11, a P/E/G ratio of 1.63 and a beta of 1.38.

Cactus (NYSE:WHD - Get Free Report) last posted its earnings results on Wednesday, October 28th. The company reported $0.96 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.19. Cactus had a return on equity of 17.93% and a net margin of 6.69%. The business had revenue of $430.89 million for the quarter, compared to analyst estimates of $437.94 million. During the same period in the previous year, the firm earned $0.67 EPS. The firm's revenue was up 63.2% compared to the same quarter last year. As a group, equities research analysts predict that Cactus, Inc. will post 3.13 EPS for the current year.

Cactus Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Monday, November 30th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, November 30th. Cactus's payout ratio is 41.67%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on WHD shares. Piper Sandler increased their price objective on shares of Cactus from $75.00 to $78.00 and gave the company an "overweight" rating in a research report on Tuesday. Wall Street Zen downgraded shares of Cactus from a "buy" rating to a "hold" rating in a report on Saturday. Citigroup lifted their target price on shares of Cactus from $73.00 to $74.00 and gave the stock a "neutral" rating in a report on Tuesday. Weiss Ratings reiterated a "hold (c)" rating on shares of Cactus in a research note on Tuesday, September 8th. Finally, Stifel Nicolaus increased their price target on shares of Cactus from $68.00 to $72.00 and gave the company a "buy" rating in a report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, Cactus has a consensus rating of "Moderate Buy" and a consensus price target of $74.75.

Read Our Latest Stock Analysis on Cactus

Institutional Trading of Cactus

Several hedge funds have recently added to or reduced their stakes in WHD. Squarepoint Ops LLC grew its holdings in Cactus by 104.5% in the 2nd quarter. Squarepoint Ops LLC now owns 369,645 shares of the company's stock valued at $18,937,000 after buying an additional 188,864 shares in the last quarter. Energy Income Partners LLC increased its position in Cactus by 48.4% during the 1st quarter. Energy Income Partners LLC now owns 300,759 shares of the company's stock worth $14,247,000 after buying an additional 98,124 shares during the period. Morningstar Investment Management LLC acquired a new stake in shares of Cactus during the first quarter worth $949,000. Jennison Associates LLC lifted its holdings in shares of Cactus by 202.3% during the first quarter. Jennison Associates LLC now owns 1,713,701 shares of the company's stock worth $81,178,000 after buying an additional 1,146,766 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in shares of Cactus by 17.4% during the first quarter. Bessemer Group Inc. now owns 559,901 shares of the company's stock worth $26,523,000 after buying an additional 83,080 shares in the last quarter. 85.11% of the stock is owned by institutional investors and hedge funds.

Cactus Company Profile

(Get Free Report)

Cactus, Inc (NYSE: WHD) designs, manufactures, sells and rents wellhead and pressure-control equipment used in onshore oil and gas drilling and production. Its products are designed to help operators manage pressure and control access to wells during drilling, completion and production activities.

The company's offerings include wellhead systems, frac stacks, zipper manifolds and other pressure-control equipment. Cactus also provides field services, including equipment installation, maintenance and support, as well as rental services for selected products.