New insider activity at Cactus ( (WHD) ) has taken place on August 10, 2026.

Cactus has reported a notable insider transaction, with COO, EVP and CEO-SpoolableTech Steven Bender selling 25,000 shares of the company’s stock. The total value of this sale amounts to $1,691,000, highlighting a significant move by a key executive within the organization.

Cactus shares saw positive sentiment in the last 24 hours as multiple analysts lifted price targets following a strong Q2 earnings beat driven by robust Middle East pressure control shipments and faster Latin American Spoolable deliveries. Additional optimism stems from revenue outperformance, expectations of resilient U.S. land rig activity supported by firm commodity prices, and growing Spoolable Technologies demand, though analysts still flag a sizable international backlog and volatile energy markets as ongoing constraints.