The post-earnings sale by the President is notable but not alarming at this size. Monitor for additional insider filings in the next 30 days; if selling accelerates, it could signal management's lack of confidence in the Q3 guidance. The neutral earnings report and modest insider sales suggest no immediate catalyst for a significant move.
Price Chart
Executive Summary
Two C-suite insiders at Cactus, Inc. sold a combined $5.73M in shares over a 7-day window, including a $5M sale by the President the day after Q2 earnings. The total represents 0.11% of market cap — modest in size — and insider sells are weak directional signals per academic literature. The cluster follows a neutral earnings report with strong revenue growth but margin compression and slightly down Q3 guidance.
Key Financial Metrics
Key Facts
- Chairman/CEO Scott Bender sold 13,300 shares at $55.07 on 7/27 ($732K)
- President Joel Bender sold 86,700 shares at $57.62 on 7/30 ($5.00M)
- Total insider sales of $5.73M represent 0.11% of $5.2B market cap
- Sales occurred within 5 days of Q2 2026 earnings (8-K filed 7/29)
Financial Impact
Insider sales of $5.73M, modest relative to $5.2B market cap
Risk Factors
- Further insider selling could erode confidence
- Q3 guidance for slightly lower sequential revenue may weigh on near-term sentiment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-WHD-1785801679012 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 2, 2026 4w ago | Insider Cluster | $71.64 $63.44 | ▼ −11.45% | ▼ −10.26% | $62.19 (−13.19%) |
Aug 6, 2026 8w ago | Insider Cluster | $68.54 $71.64 | ▼ −4.52% | ▼ −3.92% | $62.19 (+9.26%) |
Aug 6, 2026 8w ago | Insider Cluster | $68.54 $71.64 | ▲ +4.52% | ▲ +3.92% | $62.19 (−9.26%) |
Aug 5, 2026 8w ago | 3 | $65.91 $72.14 | ▲ +9.45% | ▲ +10.05% | $62.19 (−5.64%) |
Aug 3, 2026 8w ago | Insider Cluster | $67.21 $70.69 | ▼ −5.18% | ▼ −6.42% | $62.19 (+7.47%) |
Aug 3, 2026 8w ago | Insider Cluster | $67.21 $70.69 | ▲ +5.18% | ▲ +6.42% | $62.19 (−7.47%) |
Jul 29, 2026 9w ago | Insider Cluster | $62.00 $68.53 | ▲ +10.53% | ▲ +6.57% | $62.19 (+0.31%) |
Jul 29, 2026 9w ago | 8-K | $62.00 $68.53 | ▲ +10.53% | ▲ +6.57% | $62.19 (+0.31%) |
Jul 2, 2026 13w ago | Court Ruling | $50.42 $62.00 | ▼ −22.97% | ▼ −23.38% | $62.19 (−23.34%) |
Jun 2, 2026 17w ago | 8-K | $58.80 $50.42 | ▼ −14.25% | ▼ −13.25% | $62.19 (+5.77%) |
US Market Status
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