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

Cactus, Inc. (NYSE:WHD) President Joel Bender sold 29,228 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $50.01, for a total transaction of $1,461,692.28. Following the sale, the president directly owned 213,610 shares of the company’s stock, valued at $10,682,636.10. This represents a 12.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 transaction of $5,331,905.28.
• 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 Price Performance

Cactus stock opened at $45.97 on Friday. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 19.16, a price-to-earnings-growth ratio of 4.80 and a beta of 1.25. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.81 and a quick ratio of 4.13. Cactus, Inc. has a 1 year low of $33.20 and a 1 year high of $59.25. The firm has a 50-day moving average of $53.99 and a two-hundred day moving average of $45.94.

Cactus (NYSE:WHD) last issued its earnings results on Wednesday, February 25th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. The business 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 quarterly revenue was down 4.0% compared to the same quarter last year. During the same period last year, the company posted $0.71 earnings per share. On average, research analysts forecast that Cactus, Inc. will post 3.08 earnings per share for the current year.

Cactus Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, March 2nd. Cactus’s dividend payout ratio (DPR) is presently 23.33%.

Analyst Ratings Changes

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

Key Stories Impacting Cactus

Here are the key news stories impacting Cactus this week:

• Positive Sentiment: Stifel Nicolaus published a buy on Cactus, which can attract buyer interest and support the stock. 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 to Q3/Q4 2026), suggesting some pockets of improving earnings expectations that could be supportive.
• Neutral Sentiment: Zacks maintained a “Hold” rating and published a FY2028 view (EPS $3.66); this helps modeling but is not an immediate catalyst.
• Neutral Sentiment: Company earnings call coverage summarized profits, deal context and risks — useful for investors assessing fundamentals but not a new standalone catalyst. Cactus, Inc. Earnings Call: Profits, Deal, and Risks
• Negative Sentiment: Zacks trimmed multiple 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 expectations and can pressure valuation multiples.
• Negative Sentiment: Large insider selling by President Joel Bender—multiple recent Form 4 filings show sales of 106,809 shares (~$49.92 avg) and 29,228 shares (~$50.01 avg), plus additional sales reported—reduces confidence and often triggers near‑term selling pressure. Form 4 – 106,809-share sale Form 4 – 29,228-share sale
• Negative Sentiment: Wider media picked up the insider sale coverage and grouped Cactus with other volatile energy/land names, amplifying headline risk and short‑term volatility. Cactus (NYSE:WHD) President Sells $3,245,482.62 in Stock Texas Pacific Land, Cactus, and BKV shares plummet

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in WHD. Salomon & Ludwin LLC bought a new position in shares of Cactus in the 3rd quarter worth $25,000. EverSource Wealth Advisors LLC boosted its position in Cactus by 67.6% during 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 in the last quarter. Johnson Financial Group Inc. bought a new stake in Cactus during the third quarter valued at about $33,000. Aster Capital Management DIFC Ltd grew its stake in 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 purchasing an additional 314 shares during the last quarter. Finally, Huntington National Bank raised its holdings in Cactus by 55.4% in the third quarter. Huntington National Bank now owns 1,094 shares of the company’s stock worth $43,000 after purchasing an additional 390 shares in the last quarter. 85.11% of the stock is currently owned by hedge funds and other institutional investors.

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.