Lange De, Group President of Caterpillar Inc (CAT, Financial), executed a sale of 21,194 shares in the company on February 7, 2024, according to a recent SEC Filing. The transaction was carried out at an average price of $325.52 per share, resulting in a total value of $6,898,780.88.
Caterpillar Inc is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company operates through its various segments, providing a wide range of services to its customers, including financing and insurance, as well as maintenance and training services.
Over the past year, the insider has sold a total of 41,194 shares of Caterpillar Inc and has not made any purchases. The recent sale represents a continuation of the insider's selling pattern over the period.
The insider transaction history for Caterpillar Inc indicates a trend of more insider sales than buys over the past year, with 1 insider buy and 10 insider sells recorded.
On the date of the insider's recent transaction, Caterpillar Inc's shares were trading at $325.52, giving the company a market capitalization of $163.925 billion.
The stock's price-earnings ratio stands at 15.99, which is above the industry median of 14.11 but below the company's historical median price-earnings ratio.
With the current share price of $325.52 and a GuruFocus Value of $296.11, Caterpillar Inc's price-to-GF-Value ratio is 1.1, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
