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Insider Trends: Cactus Insider Continues 90-Day Selling Trend

05/10/2021 08:22

12:07 PM EDT, 05/10/2021 (MT Newswires) -- Gary L Rosenthal, Director, reported a sale of 5,000 shares in Cactus (WHD) on May 10, 2021, for $176,775. Rosenthal, after the transactions defined in the SEC Form 4 filing, owns 17,093 shares of the company, with a market value, based on the prior-day closing price, of $615,177.

During the most recent 90-day period, previous to the date of this filing, there have been 38 insider transactions reported to the SEC for Cactus. These transactions came from the activities of 13 individual insiders that resulted in a net disposition of 6,659,735 company shares. This compares with the preceding 90-day window of time where there were 18 transactions from 10 insiders that resulted in the net disposition of 356,973 shares.

This is lower than the average level of insider transactions in the 65-company Oil Related Services and Equipment peer group over the last 90-day period. Activity in the peer group averaged 79.5 transactions per company, and disposition of 106,421 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1699136/000169913621000114/xslF345X03/wf-form4_162066269396953.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.