William E. Schaupp, Chief Accounting Officer at Caterpillar Inc. (NYSE:CAT), sold shares of common stock on May 13, 2026.
The transaction involved 360 shares at $906 each, totaling $326,160. Following the sale, Schaupp directly owns 530 shares.
Caterpillar shares trade near $915, close to the 52-week high of $931, after a 161% return over the past year. According to Bond.az analysis, the stock appears overvalued at current levels.
In recent news, Caterpillar reported strong Q1 earnings, beating consensus by 20%. Analysts raised price targets: BofA to $989, Argus to $990, Bernstein SocGen to $879, RBC to $877.
Caterpillar's record backlog stands at $62.7 billion. Tariff cost estimates were lowered to $2.2-2.4 billion. The company invests in autonomy technology and expands capacity.
Used agricultural equipment auction prices rose slightly year-over-year in April.
