Cactus (NYSE:WHD) President Joel Bender Sells 29,228 Shares of Stock

Cactus, Inc. (NYSE:WHD) President Joel Bender sold 29,228 shares of Cactus stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $50.01, for a total transaction of $1,461,692.28. Following the sale, the president owned 213,610 shares of the company’s stock, valued at approximately $10,682,636.10. This represents a 12.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, March 10th, Joel Bender sold 106,809 shares of Cactus stock. The stock was sold at an average price of $49.92, for a total value of $5,331,905.28.
• On Thursday, March 5th, Joel Bender sold 63,963 shares of Cactus stock. The stock was sold at an average price of $50.74, for a total value of $3,245,482.62.

Cactus Trading Down 4.9%

Shares of NYSE WHD traded down $2.36 during midday trading on Thursday, reaching $46.20. 24,302 shares of the stock were exchanged, compared to its average volume of 1,064,846. The business has a 50-day simple moving average of $53.98 and a two-hundred day simple moving average of $45.94. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.81 and a quick ratio of 4.13. The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 19.28, a P/E/G ratio of 4.77 and a beta of 1.25. Cactus, Inc. has a 12 month low of $33.20 and a 12 month high of $59.25.

Cactus (NYSE:WHD) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $261.20 million for the quarter, compared to analyst estimates of $250.60 million. Cactus had a net margin of 15.39% and a return on equity of 15.18%. The company’s revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.71 EPS. As a group, equities research analysts expect that Cactus, Inc. will post 3.08 EPS for the current year.

Cactus Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Monday, March 2nd will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. Cactus’s dividend payout ratio is currently 23.33%.

Institutional Investors Weigh In On Cactus

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in shares of Cactus in the third quarter valued at approximately $25,000. EverSource Wealth Advisors LLC lifted its stake in Cactus by 67.6% in the third quarter. EverSource Wealth Advisors LLC now owns 642 shares of the company’s stock valued at $25,000 after purchasing an additional 259 shares during the last quarter. Johnson Financial Group Inc. bought a new position in Cactus during the third quarter valued at $33,000. Aster Capital Management DIFC Ltd raised its stake in shares of Cactus by 73.4% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 742 shares of the company’s stock valued at $34,000 after buying an additional 314 shares during the period. Finally, Huntington National Bank raised its position in shares of Cactus by 55.4% in the third quarter. Huntington National Bank now owns 1,094 shares of the company’s stock valued at $43,000 after purchasing an additional 390 shares during the period. Hedge funds and other institutional investors own 85.11% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on WHD shares. Piper Sandler initiated coverage on shares of Cactus in a research report on Tuesday, February 24th. They issued an “overweight” rating and a $73.00 target price on the stock. Zacks Research lowered Cactus from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 26th. Citigroup boosted their price objective on Cactus from $55.00 to $63.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cactus in a research note on Monday, December 29th. Finally, Barclays increased their price target on Cactus from $56.00 to $62.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Cactus has an average rating of “Moderate Buy” and an average target price of $56.33.

Cactus News Roundup

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Stifel Nicolaus published a buy on Cactus, providing independent broker support that can boost investor demand. Cactus (WHD) Gets a Buy from Stifel Nicolaus
• Positive Sentiment: Zacks raised several near-term quarter estimates (notably Q1 2027 to $0.86 from $0.78, and small bumps for Q3/Q4 2026), signaling pockets of improving short-term expectations for earnings.
• Neutral Sentiment: Zacks Research kept a “Hold” rating and issued a FY2028 view (EPS $3.66) — useful for longer-term modeling but not an immediate catalyst.
• Neutral Sentiment: Zacks also released an earnings/strategy note covering the company’s results and risks; that commentary may guide some investors but doesn’t change the rating. Cactus, Inc. Earnings Call: Profits, Deal, and Risks
• Negative Sentiment: Zacks trimmed several near-term estimates (Q1 2026 to $0.60 from $0.64, Q2 2026 to $0.65 from $0.72, and cut FY2026 to $2.64 from $2.72), which lowers short‑term earnings expectations and could pressure the multiple.
• Negative Sentiment: Company president Joel Bender sold large blocks of stock in filings this week (Form 4 disclosures show recent sales of 106,809 shares at ~$49.92 and 29,228 shares at ~$50.01). Large insider selling often weighs on sentiment even if sales are for diversification or liquidity. Form 4 – 106,809-share sale Form 4 – 29,228-share sale
• Negative Sentiment: Additional reporting flagged insider sale coverage and headline risk (e.g., large reported sale totals), which can amplify downward momentum. Cactus (NYSE:WHD) President Sells $3,245,482.62 in Stock
• Negative Sentiment: Broader coverage grouped Cactus with other energy/land names in a story about sharp share moves, which can increase volatility and short-term selling pressure. Texas Pacific Land, Cactus, and BKV shares plummet, what you need to know

About Cactus

Cactus, Inc, together with its subsidiaries, designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. It operates through two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand name through service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells.