Executives Sell $31M in Caterpillar Stock as Analysts Raise Targets to $740

CATCAT

Company insiders sold 54,729 shares worth $31 million at an average price near $570, while Gibbs Wealth Management cut its stake by 39.2% to 1,618 shares. Last quarter’s EPS beat consensus by $0.43 to $4.95 and analysts have boosted Caterpillar’s price targets up to $740.

Sources

DGZ