GuruFocus - On August 22, 2024, Cheryl Johnson, Chief Human Resources Officer of Caterpillar Inc (NYSE:CAT), sold 2,975 shares of the company. The transaction was executed at a price of $342.48 per share, as detailed in the SEC Filing. Following this sale, the insider now owns 15,615 shares of Caterpillar Inc.
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, providing a wide range of services and solutions to its diverse client base.
Over the past year, Cheryl Johnson has sold a total of 5,991 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed at Caterpillar Inc, where there have been 11 insider sells and only 3 insider buys over the past year.
Shares of Caterpillar Inc were trading at $342.48 on the day of the sale, giving the company a market cap of approximately $168.22 billion. The price-earnings ratio stands at 15.80, which is above the industry median of 13.56.
The stock's valuation, according to the GF Value, is set at $300.62, indicating that at a price of $342.48, Caterpillar Inc is modestly overvalued with a price-to-GF-Value ratio of 1.14.
This insider activity and valuation metrics provide investors with a snapshot of recent market actions and the financial health of Caterpillar Inc.
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.
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