CAT - Caterpillar Recent Insider Activity | Benzinga
It was reported on April 30, that Susan Schwab, Director at Caterpillar (NYSE:CAT) executed a significant insider sell, according to an SEC filing.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday outlined that Schwab executed a sale of 12,881 shares of Caterpillar with a total value of $4,498,225.
As of Wednesday morning, Caterpillar shares are down by 0.91%, currently priced at $331.52.
Delving into Caterpillar's Background
Caterpillar is the top manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment. The company is divided into four reportable segments: construction industries, resource industries, energy and transportation, and Cat Financial. Its products are available through a dealer network that covers the globe with about 2,700 branches maintained by 160 dealers. Cat Financial provides retail financing for machinery and engines to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Caterpillar product sales.
Caterpillar: A Financial Overview
Negative Revenue Trend: Examining Caterpillar's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -7.45% in revenue growth, reflecting a ...