Cactus stock falls 1.26 percent as CEO sale adds scrutiny
Published on 09/25/2026 at 06:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Cactus stock stood at USD 65.20 on the NYSE on September 24, 2026, down 1.26 percent from the previous session. The move followed a September 1 transaction in which CEO Scott Bender sold 100,000 Class A shares at an average price of USD 70.372 under a Rule 10b5-1 plan, according to StockTitan.
Revenue rises 64.3 percent
Cactus reported second-quarter 2026 revenue of USD 449.53 million on July 29, 2026, up 64.3 percent from USD 273.58 million in the prior-year quarter. The result also exceeded the USD 400.62 million consensus estimate by 12.2 percent, according to Yahoo Finance.
Pressure Control revenue climbed 91.4 percent year over year to USD 344 million, while Spoolable Technologies revenue increased 9.7 percent to USD 105.53 million. The split matters because the larger Pressure Control unit supplied most of the reported growth.
EPS beat and dividend increase
Adjusted second-quarter EPS reached USD 0.93, up 40.9 percent from USD 0.66 a year earlier and 31 percent above the USD 0.71 consensus estimate. Cactus also raised its quarterly dividend by 7 percent to USD 0.15, marking the fourth consecutive year of dividend growth.
The company entered the period with USD 365.821 million in cash on June 30, 2026, while second-quarter operating cash flow was USD 104.564 million. Those figures give the earnings improvement a balance-sheet dimension, particularly as the company integrates its expanded pressure-control operations.
Stock remains below yearly high
Cactus stock was valued at USD 65.20 on the NYSE on September 24, 2026, with a market capitalization of USD 4,526,079,680. The price was USD 8.87 below the 52-week high of USD 74.07, while the 52-week low stood at USD 33.20.
Cactus stock key figures
- Company: Cactus, Inc.
- Ticker: WHD
- Trading venue: NYSE
- Price (September 24, 2026): USD 65.20
- Market capitalization: USD 4,526,079,680 (as of September 24, 2026)
- 52-week range: USD 33.20-74.07 (as of September 24, 2026)
- Sector / Industry: Energy / Oil and Gas Equipment and Services
