Cactus (NYSE:WHD) Share Price Crosses Below Two Hundred Day Moving Average Following Insider Selling

Posted by Brenda Bartman on Nov 5th, 2026

Cactus, Inc. (NYSE:WHD – Get Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday after an insider sold shares in the company. The stock has a two hundred day moving average of $58.47 and traded as low as $57.57. Cactus shares last traded at $58.08, with a volume of 894,779 shares traded.

Specifically, CEO Scott Bender sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was 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 directly owned 120,527 shares in the company, valued at approximately $7,702,880.57. The trade was a 45.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analysts Forecast Growth

WHD has been the topic of a number of recent research reports. Piper Sandler raised their price objective on Cactus from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Tuesday. Stifel Nicolaus upped their target price on Cactus from $68.00 to $72.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Weiss Ratings reissued a “hold (c)” rating on shares of Cactus in a report on Tuesday, September 8th. Wall Street Zen lowered Cactus from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Barclays raised their price target on Cactus from $74.00 to $75.00 and gave the stock an “overweight” rating in a research report on Thursday, October 15th. Three 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, Cactus currently has a consensus rating of “Moderate Buy” and a consensus target price of $74.75.

Read Our Latest Analysis on WHD

Cactus Price Performance

The business’s 50 day moving average is $65.45 and its 200-day moving average is $58.47. The firm has a market capitalization of $4.66 billion, a P/E ratio of 40.33, a PEG ratio of 1.58 and a beta of 1.38. The company has a quick ratio of 2.10, a current ratio of 3.06 and a debt-to-equity ratio of 0.01.

Cactus (NYSE:WHD – Get Free Report) last released its earnings results on Wednesday, October 28th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.19. The firm had revenue of $430.89 million during the quarter, compared to analysts’ expectations of $437.94 million. Cactus had a return on equity of 17.93% and a net margin of 6.69%. The company’s quarterly revenue was up 63.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.67 earnings per share. As a group, sell-side analysts predict that Cactus, Inc. will post 3.22 EPS for the current fiscal year.

Cactus Dividend Announcement

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

Institutional Trading of Cactus

Several institutional investors and hedge funds have recently modified their holdings of the business. Hohimer Wealth Management LLC boosted its stake in Cactus by 4.9% in the third quarter. Hohimer Wealth Management LLC now owns 4,604 shares of the company’s stock valued at $286,000 after buying an additional 216 shares in the last quarter. Signaturefd LLC raised its stake in Cactus by 56.8% during the third quarter. Signaturefd LLC now owns 665 shares of the company’s stock worth $41,000 after acquiring an additional 241 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Cactus by 1.3% in the second quarter. Arizona State Retirement System now owns 19,154 shares of the company’s stock worth $981,000 after acquiring an additional 242 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in shares of Cactus by 6.5% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 4,900 shares of the company’s stock worth $305,000 after acquiring an additional 300 shares during the last quarter. Finally, Your Advocates Ltd. LLP bought a new position in shares of Cactus in the third quarter worth about $34,000. 85.11% of the stock is currently owned by institutional investors.

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.