Intel stock extends gains after report of possible U.S. government stake
Caterpillar INC (NYSE:CAT), the $192.87 billion machinery giant trading near $412, saw Group President Jason Kaiser sell 2,161 shares of common stock on August 11, 2025, at a price of $417.70, totaling approximately $902,649. According to InvestingPro analysis, the stock is currently trading above its Fair Value.
According to a Form 4 filing with the Securities and Exchange Commission, Kaiser also exercised options to acquire 4,091 shares of Caterpillar common stock at a price of $196.70, in a transaction valued at $804,699. Following the exercise, Kaiser sold 1,930 shares to cover tax obligations at $416.8 per share, for a total value of $804,424. The stock has shown strong momentum, with a 23.74% return over the past year.
Following these transactions, Kaiser directly owns 8,632 shares of Caterpillar INC. common stock. Additionally, Kaiser indirectly holds 368 shares through a 401(k) plan. For comprehensive insider trading analysis and 12+ additional exclusive insights, visit InvestingPro, where detailed Pro Research Reports are available for over 1,400 US stocks.
In other recent news, Caterpillar reported mixed second-quarter results for 2025, with adjusted earnings per share of $4.72, which was approximately 3% below consensus estimates. The company also experienced a 1% decline in consolidated sales year-over-year, totaling $16.6 billion, although this exceeded market expectations of $16.3 billion. Despite these figures, several analyst firms have adjusted their price targets for Caterpillar. JPMorgan raised its price target to $520, citing a strong backlog and maintaining an Overweight rating. BofA Securities increased its price target to $495, maintaining a Buy rating due to a positive outlook. Bernstein SocGen Group also raised its price target to $447, noting a rebound in demand with strong orders and healthy dealer inventories. Additionally, DA Davidson raised its price target to $408, although tariffs were noted as a concern affecting margins. In other developments, Caterpillar secured a significant deal to supply power generation equipment for a large data center project in Utah, set to begin construction in 2026.
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