Cactus (NYSE:WHD) President Joel Bender Sells 106,809 Shares of Stock

Cactus, Inc. (NYSE:WHD) President Joel Bender sold 106,809 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $49.92, for a total value of $5,331,905.28. Following the sale, the president directly owned 27,793 shares of the company’s stock, valued at approximately $1,387,426.56. This represents a 79.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, March 6th, Joel Bender sold 29,228 shares of Cactus stock. The stock was sold at an average price of $50.01, for a total transaction of $1,461,692.28.
• On Thursday, March 5th, Joel Bender sold 63,963 shares of Cactus stock. The shares were sold at an average price of $50.74, for a total transaction of $3,245,482.62.

Cactus Stock Down 0.1%

Shares of NYSE:WHD opened at $48.54 on Thursday. The firm has a 50 day simple moving average of $53.98 and a 200 day simple moving average of $45.94. Cactus, Inc. has a 52 week low of $33.20 and a 52 week high of $59.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.13 and a current ratio of 5.81. The company has a market cap of $3.88 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 4.77 and a beta of 1.25.

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

Cactus Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Monday, March 2nd will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, March 2nd. Cactus’s dividend payout ratio (DPR) is 23.33%.

Analyst Ratings Changes

WHD has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Cactus from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Cactus in a research report on Monday, December 29th. Piper Sandler assumed coverage on shares of Cactus in a report on Tuesday, February 24th. They set an “overweight” rating and a $73.00 price objective for the company. Citigroup lifted their price objective on Cactus from $55.00 to $63.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Finally, Zacks Research cut Cactus from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 26th. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Cactus has a consensus rating of “Moderate Buy” and a consensus target price of $56.33.

Institutional Trading of Cactus

A number of hedge funds have recently bought and sold shares of the stock. Maryland State Retirement & Pension System boosted its position in shares of Cactus by 2.1% in the 4th quarter. Maryland State Retirement & Pension System now owns 10,066 shares of the company’s stock worth $460,000 after purchasing an additional 208 shares during the last quarter. Covestor Ltd increased its holdings in Cactus by 8.6% in the fourth quarter. Covestor Ltd now owns 2,758 shares of the company’s stock valued at $126,000 after purchasing an additional 219 shares during the last quarter. 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 buying an additional 259 shares during the period. CANADA LIFE ASSURANCE Co boosted its holdings in Cactus by 0.5% during the second quarter. CANADA LIFE ASSURANCE Co now owns 57,938 shares of the company’s stock worth $2,532,000 after buying an additional 269 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund boosted its holdings in Cactus by 1.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 15,734 shares of the company’s stock worth $719,000 after buying an additional 300 shares during the last quarter. 85.11% of the stock is owned by institutional investors.

Key Cactus News

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

Cactus Company Profile

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.