On November 4, 2024, Cheryl Johnson, Chief Human Resources Officer of Caterpillar Inc (CAT, Financial), sold 2,664 shares of the company. The transaction was executed at a price of $378.84 per share, as detailed in the SEC Filing. Following this transaction, the insider now owns 12,951 shares of Caterpillar Inc.
Caterpillar Inc (CAT, Financial) 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, providing a wide range of services and solutions to its diverse client base.
Over the past year, Cheryl Johnson has sold a total of 8,655 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 13 insider sells and 4 insider buys over the past year.
The shares of Caterpillar Inc were trading at $378.84 on the day of the sale, giving the company a market cap of approximately $186.11 billion. The price-earnings ratio of the company stands at 17.79, which is above both the industry median of 13.7 and the company's historical median.
According to the GF Value, the intrinsic value of Caterpillar Inc's stock is estimated at $301.22, suggesting that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.26.
This valuation is based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor considering past returns and growth, and supplemented by future business performance estimates from Morningstar analysts.
The insider transaction trends and valuation metrics provide a snapshot of Caterpillar Inc's financial landscape and insider sentiment, which are essential for investors tracking insider behaviors and company performance.
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.
