WHD
Cactus, Inc.
NYSEUSDEQUITY
Energy
DELAYED
Neutral
+19/100
Last price
64.17
▼ 0.58 (0.90%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
64.84
Prev close
64.75
Day high
64.76
Day low
63.21
Volume
381.03K
Market cap
$4.47B
P/E (TTM)
54.38
52W range
33.20 – 74.07
Day trading desk
Gap from prior close
+0.14%
Prior close 64.75
VWAP
64.19
-0.04% from price
Relative volume
0.90×
Normal
Session range
2.86%
63.04 – 64.84
Position in range
63%
Mid range
ATR (14D)
1.87
2.92% of price
Prior day high
65.73
PDH
Prior day low
62.76
PDL
Bid / ask spread
—
Quote not published
Session volume
701.69K
Avg 782.22K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+0.71%
-1.2%
1M
-8.54%
-9.7%
3M
+19.43%
+14.9%
6M
+22.95%
+4.8%
YTD
+40.48%
+26.2%
1Y
+70.71%
+54.3%
3Y
+27.80%
-54.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on WHD open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
-499.46K
Net selling
Buy transactions
3
103.38K shares
Sell transactions
13
602.84K shares
Net transactions
+16
Buys less sells
Sell : buy shares
5.8 : 1
Heavily one-sided
Insider-held shares
677.81K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 1, 26 | BENDER JOEL President |
SELL | 100.00K | $7.04M | Direct |
| Sep 1, 26 | BENDER SCOTT Chief Executive Officer |
SELL | 100.00K | $7.04M | Direct |
| Aug 7, 26 | BENDER STEVEN Chief Operating Officer |
SELL | 25.00K | $1.69M | Direct |
| Aug 5, 26 | O DONNELL JOHN ANDREW Director |
SELL | 10.00K | $661.31K | Direct |
| Aug 5, 26 | MARSH WILLIAM D Officer |
SELL | 7.18K | $476.01K | Direct |
| Aug 3, 26 | BENDER JOEL President |
SELL | 100.00K | $6.39M | Direct |
| Aug 3, 26 | TADLOCK STEPHEN Officer |
STOCK | 435 | $0 | Direct |
| Aug 3, 26 | TADLOCK STEPHEN Officer |
SELL | 38.45K | $2.45M | Direct |
| Jul 30, 26 | BENDER JOEL President |
SELL | 86.70K | $5.00M | Direct |
| Jul 30, 26 | BENDER SCOTT Chief Executive Officer |
SELL | 86.70K | $5.00M | Direct |
| Jul 27, 26 | BENDER JOEL President |
STOCK | 100.00K | $0 | Indirect |
| Jul 27, 26 | BENDER JOEL President |
SELL | 13.30K | $732.39K | Direct |
| Jul 27, 26 | BENDER SCOTT Chief Executive Officer |
SELL | 13.30K | $732.39K | Direct |
| Jun 3, 26 | NUTT JAY A Chief Financial Officer |
— | 2.94K | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BENDER JOEL |
President | 41.52K | Sale |
BENDER SCOTT |
Chief Executive Officer | 120.53K | Sale |
BENDER STEVEN |
Chief Operating Officer | 99.24K | Sale |
LAW MELISSA |
Director | 16.09K | Conversion of Exercise of derivative security |
MARSH WILLIAM D |
Officer | 18.66K | Sale |
O DONNELL JOHN ANDREW |
Director | 17.99K | Sale |
ROTHSTEIN BRUCE M |
Director | 17.82K | Conversion of Exercise of derivative security |
SEMPLE ALAN D |
Director | 29.44K | Sale |
TADLOCK STEPHEN |
Officer | 43.18K | Stock Gift |
TOMBAR TYMOTHI O |
Director | 27.53K | Conversion of Exercise of derivative security |
Fundamentals
Market cap$4.47B
Enterprise value$4.63B
Revenue (TTM)$1.36B
Gross profit$452.98M
EBITDA$383.01M
Net income$81.86M
EPS (TTM)$1.18
Free cash flow$129.34M
Total cash$365.82M
Total debt$56.22M
Book value / share$17.80
Shares outstanding69.73M
Float59.24M
Short % of float5.96%
Dividend yield0.94%
Beta (5Y)1.43
Valuation & profitability ratios
Trailing P/E54.38
Forward P/E17.58
PEG ratio—
Price / sales—
Price / book3.60
EV / revenue3.40
EV / EBITDA12.08
Gross margin33.23%
Operating margin18.59%
Profit margin11.98%
Return on equity13.11%
Return on assets7.41%
Debt / equity3.30
Current ratio2.59
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $1.08B | $1.13B | $1.10B | $688.37M | -4.5% |
| Operating revenue | $1.08B | $1.13B | $1.10B | $688.37M | -4.5% |
| Cost of revenue | $679.63M | $693.42M | $690.67M | $445.92M | -2.0% |
| Gross profit | $399.42M | $436.39M | $406.29M | $242.45M | -8.5% |
| Selling, general & admin | $148.92M | $130.46M | $127.08M | $67.70M | +14.1% |
| Total operating expense | $148.92M | $130.46M | $127.08M | $67.70M | +14.1% |
| Operating income | $250.50M | $305.93M | $279.22M | $174.75M | -18.1% |
| Net interest income | $10.96M | $6.46M | -$6.48M | $3.71M | +69.7% |
| Pre-tax income | $260.67M | $299.28M | $262.38M | $176.55M | -12.9% |
| Tax provision | $59.03M | $66.52M | $47.54M | $31.43M | -11.3% |
| Net income | $166.01M | $185.41M | $169.17M | $110.17M | -10.5% |
| Net income to common | $166.01M | $185.41M | $169.17M | $110.17M | -10.5% |
| Basic EPS | 2.42 | 2.79 | 2.62 | 1.83 | -13.3% |
| Diluted EPS | 2.41 | 2.77 | 2.57 | 1.80 | -13.0% |
| EBIT | $263.32M | $301.55M | $267.30M | $177.45M | -12.7% |
| EBITDA | $327.24M | $361.99M | $332.35M | $211.57M | -9.6% |
| Basic shares | 68.56M | 66.39M | 64.64M | 60.32M | +3.3% |
| Diluted shares | 69.02M | 79.92M | 79.46M | 76.34M | -13.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $123.57M | $342.84M | $133.79M | $344.53M | -64.0% |
| Cash & short-term investments | $123.57M | $342.84M | $133.79M | $344.53M | -64.0% |
| Accounts receivable | $164.49M | $191.63M | $205.38M | $138.27M | -14.2% |
| Inventory | $276.61M | $226.80M | $205.63M | $161.28M | +22.0% |
| Total current assets | $954.92M | $774.69M | $556.18M | $654.64M | +23.3% |
| Property, plant & equipment | $362.08M | $370.10M | $369.00M | $153.18M | -2.2% |
| Goodwill & intangibles | $351.03M | $367.02M | $383.01M | $7.82M | -4.4% |
| Total assets | $1.87B | $1.74B | $1.52B | $1.12B | +7.6% |
| Total current liabilities | $164.24M | $178.82M | $175.66M | $116.65M | -8.2% |
| Total debt | $37.75M | $41.72M | $39.97M | $35.52M | -9.5% |
| Total liabilities | $438.57M | $475.15M | $457.79M | $408.45M | -7.7% |
| Retained earnings | $680.35M | $552.13M | $400.68M | $261.76M | +23.2% |
| Shareholder equity | $1.23B | $1.07B | $865.52M | $571.92M | +14.5% |
| Working capital | $790.68M | $595.86M | $380.52M | $537.99M | +32.7% |
| Net tangible assets | $875.36M | $704.10M | $482.52M | $564.09M | +24.3% |
| Shares issued | 68.89M | 68.15M | 65.41M | 60.90M | +1.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $201.64M | $232.76M | $214.84M | $145.12M | -13.4% |
| Depreciation & amortisation | $63.91M | $60.44M | $65.05M | $34.12M | +5.8% |
| Stock-based compensation | $24.49M | $22.89M | $18.11M | $10.63M | +7.0% |
| Change in working capital | -$49.97M | $14.79M | $32.16M | -$89.45M | -437.8% |
| Operating cash flow | $258.42M | $316.11M | $340.28M | $117.88M | -18.3% |
| Capital expenditure | -$38.80M | -$39.18M | -$43.98M | -$28.29M | +0.9% |
| Investing cash flow | -$39.06M | -$35.39M | -$654.79M | -$25.54M | -10.4% |
| Share buybacks | -$5.93M | -$9.33M | -$5.25M | -$4.56M | +36.5% |
| Dividends paid | -$37.44M | -$33.68M | -$30.12M | -$26.72M | -11.2% |
| Financing cash flow | -$69.06M | -$70.14M | $103.28M | -$47.38M | +1.5% |
| Free cash flow | $219.61M | $276.94M | $296.30M | $89.59M | -20.7% |
| End cash position | $494.58M | $342.84M | $133.79M | $344.53M | +44.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $449.53M | $388.35M | $261.20M | $263.95M | $273.57M | +15.8% |
| Operating revenue | $449.53M | $388.35M | $261.20M | $263.95M | $273.57M | +15.8% |
| Cost of revenue | $299.81M | $276.77M | $166.64M | $166.83M | $173.58M | +8.3% |
| Gross profit | $149.72M | $111.58M | $94.56M | $97.12M | $100.00M | +34.2% |
| Selling, general & admin | $66.14M | $62.07M | $34.71M | $35.89M | $39.19M | +6.5% |
| Total operating expense | $66.14M | $62.07M | $34.71M | $35.89M | $39.19M | +6.5% |
| Operating income | $83.58M | $49.50M | $59.85M | $61.23M | $60.80M | +68.8% |
| Net interest income | $949.00K | $220.00K | $3.14M | $2.98M | $2.52M | +331.4% |
| Pre-tax income | $84.53M | $49.72M | $61.98M | $64.43M | $63.32M | +70.0% |
| Tax provision | $23.15M | $9.50M | $13.68M | $14.24M | $14.28M | +143.6% |
| Net income | $49.00M | $32.91M | $39.84M | $41.62M | $40.33M | +48.9% |
| Net income to common | $49.00M | $32.91M | $39.84M | $41.62M | $40.33M | +48.9% |
| Basic EPS | 0.70 | -0.70 | 0.58 | 0.61 | 0.59 | +200.0% |
| Diluted EPS | 0.70 | -0.70 | 0.57 | 0.60 | 0.59 | +200.0% |
| EBIT | $83.58M | $49.50M | $72.67M | $61.23M | $60.80M | +68.8% |
| EBITDA | $120.21M | $86.27M | $88.83M | $77.42M | $76.69M | +39.3% |
| Basic shares | 69.53M | 69.03M | 68.86M | 68.68M | 68.51M | +0.7% |
| Diluted shares | 70.22M | 69.03M | 69.52M | 69.20M | 68.89M | +1.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $365.82M | $291.61M | $123.57M | $445.61M | $405.18M | +25.4% |
| Cash & short-term investments | $365.82M | $291.61M | $123.57M | $445.61M | $405.18M | +25.4% |
| Accounts receivable | $510.19M | $459.95M | $164.49M | $201.38M | $207.28M | +10.9% |
| Inventory | $387.04M | $404.21M | $276.61M | $271.28M | $246.42M | -4.2% |
| Total current assets | $1.28B | $1.18B | $954.92M | $928.71M | $873.35M | +9.2% |
| Property, plant & equipment | $424.00M | $429.41M | $362.08M | $367.49M | $371.28M | -1.3% |
| Goodwill & intangibles | $636.96M | $612.61M | $351.03M | $355.03M | $359.03M | +4.0% |
| Total assets | $2.58B | $2.46B | $1.87B | $1.86B | $1.82B | +5.1% |
| Total current liabilities | $496.04M | $451.09M | $164.24M | $175.87M | $179.96M | +10.0% |
| Total debt | $56.22M | $55.23M | $37.75M | $39.65M | $42.02M | +1.8% |
| Total liabilities | $881.52M | $811.82M | $438.57M | $471.36M | $475.99M | +8.6% |
| Retained earnings | $660.93M | $621.92M | $680.35M | $650.36M | $618.55M | +6.3% |
| Shareholder equity | $1.24B | $1.19B | $1.23B | $1.19B | $1.15B | +4.2% |
| Working capital | $787.16M | $724.32M | $790.68M | $752.84M | $693.39M | +8.7% |
| Net tangible assets | $603.85M | $577.78M | $875.36M | $834.87M | $789.17M | +4.5% |
| Shares issued | 69.63M | 69.42M | 68.89M | 68.84M | 68.57M | +0.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $61.38M | $40.22M | $48.30M | $50.19M | $49.05M | +52.6% |
| Depreciation & amortisation | $36.63M | $36.76M | $16.16M | $16.19M | $15.89M | -0.4% |
| Stock-based compensation | $7.39M | $7.04M | $6.02M | $6.10M | $6.31M | +5.1% |
| Change in working capital | -$6.86M | $39.74M | $7.96M | -$21.07M | $5.11M | -117.3% |
| Operating cash flow | $104.56M | $128.27M | $72.27M | $61.77M | $82.83M | -18.5% |
| Capital expenditure | -$16.55M | -$9.72M | -$6.45M | -$10.18M | -$11.94M | -70.2% |
| Investing cash flow | -$15.60M | -$309.99M | -$4.34M | -$8.22M | -$11.06M | +95.0% |
| Share buybacks | -$128.00K | -$7.90M | -$13.00K | -$204.00K | -$212.00K | +98.4% |
| Dividends paid | -$9.76M | -$10.21M | -$9.65M | -$9.64M | -$8.94M | +4.5% |
| Financing cash flow | -$14.73M | -$21.53M | -$19.23M | -$13.29M | -$14.76M | +31.6% |
| Free cash flow | $88.02M | $118.55M | $65.81M | $51.59M | $70.90M | -25.8% |
| End cash position | $365.82M | $291.61M | $494.58M | $445.61M | $405.18M | +25.4% |
Options analytics
Put / call volume
0.66
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
55.00
-14.3% from spot
ATM implied vol
3.1%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
32
Contracts, this expiry
Put volume
21
Contracts, this expiry
Heaviest call OI
60.00
0 contracts
Heaviest put OI
55.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.65 | 0.93 | +42.1% |
| Mar 2026 | 0.67 | 0.70 | +4.6% |
| Dec 2025 | 0.58 | 0.65 | +12.3% |
| Sep 2025 | 0.58 | 0.67 | +14.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.76 | 7 | $436.21M | +65.3% |
| Next quarter | 0.73 | 7 | $432.81M | +65.7% |
| Current year | 2.97 | 6 | $1.71B | +58.2% |
| Next year | 3.65 | 7 | $1.79B | +4.6% |
Analyst targets & ownership
Mean target$70.22
High target$83.00
Low target$57.00
Implied upside9.43%
Analyst count9
ConsensusBUY
Strong buy / Buy3 / 2
Hold4
Sell / Strong sell0 / 0
Held by insiders0.97%
Held by institutions112.41%
Institutions holding452
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
64.03
+0.22% from price
SMA 20
65.99
-2.76% from price
SMA 50
67.39
-4.78% from price
SMA 100
61.68
+4.03% from price
SMA 200
57.00
+12.58% from price
EMA 12
64.63
-0.71% from price
EMA 26
65.77
-2.43% from price
EMA 50
65.18
-1.54% from price
RSI (14)
43.7
Neutral
MACD (12,26,9)
-1.14
Hist -0.30
ATR (14)
1.87
2.92% of price
Realised vol 30D
29.2%
Annualised
Bollinger upper
70.61
20, 2σ
Bollinger lower
61.37
20, 2σ
50 / 200 cross
Golden
67.39 vs 57.00
Trend bias
Above 200
+12.58%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.15
More volatile than market
Correlation to SPY
0.34
Loosely linked
Realised vol 30D
29.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-23.5%
Peak to trough
Max drawdown 5Y
-51.9%
Peak to trough
ATR 14
1.87
2.92% of price
Beta (reported)
1.43
5Y monthly, from filing
Short interest
Shares short
3.53M
Prior 3.34M
Change vs prior
+5.6%
Shorts adding
% of float
5.96%
Normal
% of shares out
5.06%
Against total outstanding
Days to cover
5.3
Crowded exit
Float
59.24M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 30, 26 | Citigroup | MAINTAINED | Neutral | Neutral |
| Aug 20, 26 | Citigroup | DOWNGRADE | Buy | Neutral |
| Aug 3, 26 | Barclays | MAINTAINED | Overweight | Overweight |
| Jul 31, 26 | Stifel | MAINTAINED | Buy | Buy |
| Jul 14, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Jun 18, 26 | Citigroup | MAINTAINED | Buy | Buy |
| Jun 16, 26 | Stifel | MAINTAINED | Buy | Buy |
| May 20, 26 | Stifel | MAINTAINED | Buy | Buy |
| May 18, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| May 11, 26 | Citigroup | MAINTAINED | Buy | Buy |
| May 11, 26 | Barclays | MAINTAINED | Overweight | Overweight |
| Mar 3, 26 | Citigroup | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate$0.60 / yr
Forward yield0.94%
5-year avg yield0.96%
Payout ratio47.06%
Ex-dividend dateAug 31, 2026
Next pay dateSep 11, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-08
Periodic Financial Reports
10-Q · 2026-07-31
Corporate Changes & Voting Matters
8-K · 2026-07-29
Corporate Changes & Voting Matters
8-K · 2026-06-02
Corporate Changes & Voting Matters
8-K · 2026-05-12
Periodic Financial Reports
10-Q · 2026-05-08
Corporate Changes & Voting Matters
8-K · 2026-05-07
Proxy Statements
DEF 14A · 2026-03-31
Headlines
3 Oil And Gas Stocks Tied To Refining Supply Shocks
Simply Wall St. · 3d ago
2 Russell 2000 Stocks to Target This Week and 1 We Turn Down
StockStory · 5d ago
BofA Securities Adjusts Cactus Price Target to $68 From $57
MT Newswires · 5d ago
2 Profitable Stocks for Long-Term Investors and 1 We Brush Off
StockStory · 6d ago
Cactus (WHD) Tests Its Baker Hughes Narrative On A Valuation That Looks Nearly Fair
Simply Wall St. · 9d ago
2 Reasons to Like WHD and 1 to Stay Skeptical
StockStory · 13d ago
2 Energy Stocks Worth Investigating and 1 We Find Risky
StockStory · 13d ago
U.S. Shale E&P Stocks Q2 Recap: Benchmarking Cactus (NYSE:WHD)
StockStory · 20d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.