Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Cathay General Bancorp (NASDAQ:CATY)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Cathay General Bancorp (NASDAQ:CATY). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cathay General Bancorp stock on March 3rd. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
• Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

Cathay General Bancorp Stock Up 2.2%

Shares of NASDAQ:CATY traded up $1.17 during midday trading on Thursday, hitting $54.07. 111,600 shares of the company’s stock traded hands, compared to its average volume of 471,901. The firm’s fifty day moving average price is $50.74 and its two-hundred day moving average price is $49.34. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.03 and a current ratio of 1.03. Cathay General Bancorp has a twelve month low of $36.60 and a twelve month high of $54.99. The company has a market cap of $3.62 billion, a PE ratio of 11.91 and a beta of 0.82.

Cathay General Bancorp (NASDAQ:CATY) last announced its quarterly earnings results on Thursday, January 22nd. The bank reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.13. The firm had revenue of $222.83 million during the quarter, compared to the consensus estimate of $211.76 million. Cathay General Bancorp had a return on equity of 10.89% and a net margin of 22.76%.During the same period in the prior year, the firm earned $1.12 EPS. On average, equities research analysts anticipate that Cathay General Bancorp will post 4.47 EPS for the current fiscal year.

Cathay General Bancorp Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 9th. Investors of record on Thursday, February 26th were issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, February 26th. This is a positive change from Cathay General Bancorp’s previous quarterly dividend of $0.34. Cathay General Bancorp’s dividend payout ratio (DPR) is presently 33.48%.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of Cathay General Bancorp in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $52.50.

Hedge Funds Weigh In On Cathay General Bancorp

A number of institutional investors have recently added to or reduced their stakes in CATY. JPMorgan Chase & Co. increased its holdings in Cathay General Bancorp by 39.8% in the third quarter. JPMorgan Chase & Co. now owns 150,601 shares of the bank’s stock valued at $7,230,000 after buying an additional 42,868 shares during the last quarter. Moody Aldrich Partners LLC lifted its holdings in Cathay General Bancorp by 96.7% during the 3rd quarter. Moody Aldrich Partners LLC now owns 81,799 shares of the bank’s stock worth $3,927,000 after buying an additional 40,214 shares during the last quarter. Norges Bank acquired a new position in shares of Cathay General Bancorp in the 2nd quarter worth approximately $36,348,000. SG Americas Securities LLC grew its position in shares of Cathay General Bancorp by 389.1% in the 3rd quarter. SG Americas Securities LLC now owns 58,995 shares of the bank’s stock worth $2,832,000 after acquiring an additional 46,932 shares in the last quarter. Finally, Public Sector Pension Investment Board increased its holdings in shares of Cathay General Bancorp by 8.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 305,043 shares of the bank’s stock valued at $14,645,000 after acquiring an additional 24,615 shares during the last quarter. Institutional investors and hedge funds own 75.01% of the company’s stock.

Insider Activity at Cathay General Bancorp

In other Cathay General Bancorp news, CEO Chang Liu sold 4,836 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $50.35, for a total transaction of $243,492.60. Following the completion of the sale, the chief executive officer owned 127,819 shares in the company, valued at $6,435,686.65. The trade was a 3.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas M. Lo sold 1,000 shares of the firm’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $50.23, for a total transaction of $50,230.00. Following the completion of the transaction, the executive vice president owned 2,000 shares in the company, valued at approximately $100,460. The trade was a 33.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 4.85% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Cathay General Bancorp Company Profile

Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California, trading on NASDAQ under the symbol CATY. Its principal subsidiary, Cathay Bank, provides a full suite of financial services to commercial, institutional and retail clients. As a community-focused institution, the company emphasizes relationship banking and tailored solutions for businesses and individuals.

Founded in 1962 by a group of Chinese American entrepreneurs, Cathay has expanded from a single branch operation in downtown Los Angeles into one of the largest Asian-American banks in the United States.