Insider Share Sale
On July 30, 2026, Scott Bender, Chairman and Chief Executive Officer of Cactus, Inc. (NASDAQ: WHD), disposed of 86,700 shares of the company’s Class A Common Stock through Bender Investment Company under a Rule 10b5‑1 trading plan. The shares were sold at $57.618 per share, generating approximately $4,995,480 in proceeds (about $4.99 million). Following the transaction, Bender directly holds 120,527 Class A shares, which corresponds to roughly a 10 % ownership stake in Cactus.
Stock Performance and Valuation
Cactus’s share price has appreciated 86.7 % over the past year and was trading at $73.28 at the time of reporting, close to its 52‑week high of $74.04. The stock’s price‑to‑earnings multiple stands at 62.28, and InvestingPro’s analysis classifies the equity as overvalued relative to its fair‑value estimate.
Quarterly Financial Results
In the second quarter of 2026, Cactus posted adjusted earnings of $0.93 per share on revenue of $449.5 million, surpassing analyst expectations of $0.63 EPS and $398.51 million revenue. Adjusted EBITDA rose to $133 million, a 32.5 % increase from the prior quarter, and EBITDA margin expanded to 29.5 %. The company announced a 7 % increase in its quarterly dividend to $0.15 per share, marking the fourth consecutive year of dividend growth. Growth was driven primarily by the Pressure Control and Spoolable Technologies segments, supported by strong international demand and heightened U.S. activity. Cactus also received approximately $10 million in tariff refunds and expects additional supply‑chain savings. Management subsequently raised its full‑year capital‑spending guidance, reflecting confidence in continued operational expansion.