Caterpillar Inc (CAT): Bradley M Halverson , Group President & CFO of Caterpillar Inc sold 574 shares on May 31, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $72.58 per share for a total value of $41,660.92 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 9, 2016, Dennis A Muilenburg (director) purchased 1,128 shares at $71.01 per share price.On May 3, 2016, Bradley M Halverson (Group President & CFO) sold 878 shares at $77.31 per share price.Also, On Apr 28, 2016, David L Calhoun (director) purchased 25,000 shares at $77.44 per share price.On May 12, 2015, Daniel M Dickinson (director) sold 807 shares at $87.10 per share price.
Shares of Caterpillar (CAT) ended Wednesday, Jun 1, 2016 session in red amid volatile trading. The shares closed down -0.24 points or -0.33% at $72.27 with 26,99,924 shares getting traded. Post opening the session at $71.98, the shares hit an intraday low of $71.27 and an intraday high of $72.49 and the price vacillated in this range throughout the day. The company has a market cap of $42,196 M and the number of outstanding shares has been calculated to be 58,38,68,750 shares. The 52-week high of Caterpillar is $88.81 and the 52-week low is $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.