Scott Bender Sells 100,000 Shares of Cactus (NYSE:WHD) Stock

Posted by Brenda Bartman on Aug 5th, 2026

Cactus, Inc. (NYSE:WHD – Get Free Report) CEO Scott Bender sold 100,000 shares of Cactus stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $63.89, for a total value of $6,389,000.00. Following the sale, the chief executive officer directly owned 120,527 shares in the company, valued at $7,700,470.03. The trade was a 45.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Monday, July 27th, Scott Bender sold 13,300 shares of Cactus stock. The stock was sold at an average price of $55.07, for a total value of $732,431.00.

Cactus Price Performance

Shares of NYSE WHD traded down $1.11 during trading on Wednesday, reaching $66.10. The company had a trading volume of 143,254 shares, compared to its average volume of 915,514. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.81 and a current ratio of 2.59. The business’s 50 day moving average price is $55.64 and its 200-day moving average price is $54.52. Cactus, Inc. has a 52 week low of $33.20 and a 52 week high of $68.00. The stock has a market cap of $5.30 billion, a PE ratio of 56.50, a PEG ratio of 2.29 and a beta of 1.36.

Cactus (NYSE:WHD – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.64 by $0.29. Cactus had a net margin of 6.01% and a return on equity of 16.66%. The company had revenue of $449.53 million during the quarter, compared to analysts’ expectations of $400.82 million. During the same quarter in the previous year, the company earned $0.66 EPS. Cactus’s revenue was up 64.3% on a year-over-year basis. Analysts expect that Cactus, Inc. will post 3.07 earnings per share for the current year.

Cactus Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Shareholders of record on Monday, August 31st will be given a dividend of $0.15 per share. This is an increase from Cactus’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.60 dividend on an annualized basis and a yield of 0.9%. Cactus’s payout ratio is currently 47.86%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on WHD shares. Barclays boosted their target price on shares of Cactus from $70.00 to $74.00 and gave the stock an “overweight” rating in a report on Monday. Weiss Ratings upgraded shares of Cactus from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Piper Sandler raised their target price on shares of Cactus from $72.00 to $73.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Stifel Nicolaus boosted their price target on Cactus from $68.00 to $72.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Citigroup lifted their target price on Cactus from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Cactus currently has a consensus rating of “Moderate Buy” and an average price target of $65.20.

Check Out Our Latest Report on WHD

Hedge Funds Weigh In On Cactus

A number of large investors have recently made changes to their positions in the company. Wellington Management Group LLP boosted its holdings in Cactus by 20.0% in the fourth quarter. Wellington Management Group LLP now owns 3,963,961 shares of the company’s stock valued at $181,074,000 after acquiring an additional 659,366 shares during the last quarter. State Street Corp raised its holdings in shares of Cactus by 3.0% in the fourth quarter. State Street Corp now owns 2,844,994 shares of the company’s stock worth $129,959,000 after buying an additional 83,190 shares during the period. Capital International Investors increased its position in shares of Cactus by 27.0% during the fourth quarter. Capital International Investors now owns 2,343,731 shares of the company’s stock worth $107,062,000 after purchasing an additional 498,210 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Cactus by 13.7% during the 1st quarter. First Trust Advisors LP now owns 2,090,619 shares of the company’s stock valued at $99,033,000 after buying an additional 251,283 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Cactus by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 1,964,059 shares of the company’s stock worth $89,729,000 after acquiring an additional 28,415 shares during the last quarter. Institutional investors own 85.11% of the company’s stock.

About Cactus

(Get Free Report)

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.