On November 4, 2024, Stephen Tadlock, Executive Vice President and CEO of Spoolable Tech at Cactus Inc (WHD, Financial), sold 33,500 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 36,357 shares of Cactus Inc.
Cactus Inc (WHD, Financial) specializes in the design, manufacture, and sale of wellhead and pressure control equipment. Its products are primarily used in onshore unconventional oil and gas wells across the United States and internationally.
Over the past year, Stephen Tadlock has sold a total of 33,500 shares and has not purchased any shares. This recent sale is part of a broader trend at Cactus Inc, where there have been six insider sells and no insider buys over the past year.
Shares of Cactus Inc were trading at $61.35 on the day of the sale, giving the company a market cap of approximately $4.09 billion. The price-earnings ratio of the stock stands at 21.68, which is above the industry median of 11.11.
The stock's GF Value is estimated at $63.06, indicating a price-to-GF-Value ratio of 0.97. This suggests that Cactus Inc is Fairly Valued based on its GF Value.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and evaluating the stock's valuation metrics in relation to its current trading price.
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.
