Yesterday it was reported that the Chief Financial Officer of Caterpillar (CAT), Andrew Robert John Bonfield, exercised options to sell 1,762 CAT shares for a total transaction value of $346.7K.
Following Andrew Robert John Bonfield’s last CAT Sell transaction on September 09, 2020, the stock climbed by 46.8%. This recent transaction decreases Andrew Robert John Bonfield’s holding in the company by 25% to a total of $3.86 million.
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The company has a one-year high of $200.17 and a one-year low of $87.50. The Company has a Price to Book ratio of 14.05. CAT’s market cap is $107 billion and the company has a P/E ratio of 36.10.
Based on 14 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $206.23, reflecting a -4.2% downside.
The insider sentiment on Caterpillar has been negative according to 161 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Andrew Robert John Bonfield’s trades have generated a 0.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Caterpillar, Inc. engages in the manufacture of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. It operates through the following segments: Construction Industries, Resource Industries, Energy and Transportation, Financial Products, and All Other. The Construction Industries segment supports customers using machinery in infrastructure and building construction applications. The Resource Industries segment is responsible for supporting customers using machinery in mining and quarrying applications and it includes business strategy, product design, product management and development, manufacturing, marketing and sales and product support. The Energy and Transportation segment supports customers in oil and gas, power generation, marine, rail, and industrial applications. The Financial Products segment offers a range of financing alternatives to customers and dealers for caterpillar machinery and engines, solar gas turbines, as well as other equipment and marine vessels. The All Other segment include activities such as the business strategy, product management and development, and manufacturing of filters and fluids, undercarriage, tires and rims, engaging tools, and fluid transfers. The company was founded on April 15, 1925 and is headquartered in Deerfield, IL.