Caterpillar Inc (CAT): Bradley M Halverson , Group President & CFO of Caterpillar Inc sold 878 shares on Apr 29, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $77.31 per share for a total value of $67,478.54 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 28, 2016, David L Calhoun (director) purchased 25,000 shares at $77.44 per share price.On Jul 31, 2015, Bradley M Halverson (Group President & CFO) sold 11,867 shares at $77.11 per share price.Also, On May 12, 2015, Daniel M Dickinson (director) sold 807 shares at $87.10 per share price.
Caterpillar: On Monday, May 2, 2016 heightened volatility was witnessed in Caterpillar which led to swings in the share price. The shares opened for trading at $77.35 and hit $78.07 on the upside , eventually ending the session at $77.84, with a gain of 0.15% or 0.12 points. The heightened volatility saw the trading volume jump to 33,30,126 shares. The 52-week high of the share price is $89.62 and the company has a market cap of $45,328 M . The 52-week low of the share price is at $56.36.
Company has been under the radar of several Street Analysts.Caterpillar is Upgraded by Goldman to Neutral and the brokerage firm has set the Price Target at $78. Earlier the firm had a rating of Sell on the company shares. The Rating was issued on Apr 25, 2016.Caterpillar is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 70 from a previous price target of $68 .The Rating was issued on Apr 25, 2016.Caterpillar is Reiterated by UBS to Neutral and the brokerage firm has raised the Price Target to $ 76 from a previous price target of $61 .The Rating was issued on Apr 25, 2016.Caterpillar is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 67 from a previous price target of $65 .The Rating was issued on Apr 13, 2016.
Caterpillar Inc. is a manufacturer of construction and mining equipment diesel and natural gas engines industrial gas turbines and diesel-electric locomotives. The Company principally operates through its three product segments: Resource Industries Construction Industries and Energy & Transportation. The Company also provides financing and related services through its Financial Products segment. It offers its products under the brand names Caterpillar CAT design versions of CAT and Caterpillar Electro-Motive FG Wilson MaK MWM Perkins Progress Rail SEM and Solar Turbines. It operates parts distribution centers at various locations including Morton Illinois; Arvin California; Denver Colorado; Miami Florida; Atlanta Georgia; St. Paul Minnesota and Dubai United Arab Emirates among others. Its subsidiaries include Caterpillar Life Insurance Company Cat Financial and Caterpillar Product Services Corporation (CPSC) among others.