Caterpillar Inc CFO BONFIELD ANDREW R J Sells 20,000 Shares
BONFIELD ANDREW R J, Chief Financial Officer of Caterpillar Inc (NYSE:CAT), executed a sale of 20,000 shares in the company on February 5, 2024, according to a recent SEC Filing. Over the past year, the insider has sold a total of 30,000 shares and has not made any purchases of the company's stock.
Caterpillar Inc is a global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company operates through various segments, including Construction Industries, Resource Industries, Energy & Transportation, and Financial Products.
The insider transaction history for Caterpillar Inc indicates a trend of more insider selling than buying over the past year, with 1 insider buy and 10 insider sells recorded.
On the date of the insider's recent transaction, shares of Caterpillar Inc were trading at $321.46, resulting in a market capitalization of $164.29 billion.
The company's price-earnings ratio stands at 16.02, which is above the industry median of 14.045 but below the company's historical median price-earnings ratio.
Caterpillar Inc's stock, with a price of $321.46 and a GuruFocus Value of $295.76, has a price-to-GF-Value ratio of 1.09, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, 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.
This article first appeared on GuruFocus.
