• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Cactus Inc.

    2/14/24 10:04:40 AM ET
    $WHD
    Metal Fabrications
    Industrials
    Get the next $WHD alert in real time by email
    SC 13G 1 whd13gdec23.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) CACTUS INC - A (Name of Issuer) COMMON STOCK (Title of Class of Securities) 127203107 (CUSIP NUMBER) December 31, 2023 (Date of Event which Requires Filing of Statement) Check the appropriate box to designate the Rule pursuant to which this Schedule is filed: [x] Rule 13d - 1(b) Rule 13d - 1(c) Rule 13d - 1(d) 1. Name of Reporting Person T. Rowe Price Investment Management, Inc. 85-4328500 2. Check the Appropriate Box if a Member of a Group NOT APPLICABLE 3. SEC Use Only 4. Citizenship or Place of Organization Maryland Number of Shares Beneficially Owned by Each Reporting Person With 5. Sole Voting Power* 852,568 6. Shared Voting Power* 0 7. Sole Dispositive Power* 2,178,892 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,139,328 10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares NOT APPLICABLE 11. Percent of Class Represented by Amount in Row 9 3.3% 12. Type of Reporting Person IA *Any shares reported in Items 5 and 6 are also reported in Item 7. Item 1(a) Name of Issuer: CACTUS INC - A Item 1(b) Address of Issuer's Principal Executive Offices: 920 MEMORIAL CITY WAY, SUITE 300, HOUSTON, TEXAS 77024 Item 2(a) Name of Person(s) Filing: (1) T. Rowe Price Investment Management, Inc. (Price Investment Management) Item 2(b) Address of Principal Business Office: 101 E. Pratt Street, Baltimore, MD 21201 Item 2(c) Citizenship or Place of Organization: (1) Maryland Item 2(d) Title of Class of Securities: COMMON STOCK Item 2(e) Cusip Number: 127203107 Item 3: The person filing this Schedule 13G is an: X Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940 Item 4: Reference is made to Items 5-11 on the preceding pages of this Schedule 13G. Item 5: Ownership of Five Percent or Less of a Class This statement is being filed to report the fact that, as of the date of this report, the reporting person(s) has (have) ceased to be the beneficial owner of more than five percent of the class of securities. Item 6: Ownership of More than Five Percent on Behalf of Another Person (1) Price Investment Management does not serve as custodian of the assets of any of its clients; accordingly, in each instance only the client or the client's custodian or trustee bank has the right to receive dividends paid with respect to, and proceeds from the sale of, such securities. The ultimate power to direct the receipt of dividends paid with respect to, and the proceeds from the sale of, such securities, is vested in the individual and institutional clients which Price Investment Management serves as investment adviser. Any and all discretionary authority which has been delegated to Price Investment Management may be revoked in whole or in part at any time. Except as may be indicated if this is a joint filing with one of the registered investment companies sponsored by Price Investment Management which it also serves as investment adviser ("T. Rowe Price Funds"), not more than 5% of the class of such securities is owned by any one client subject to the investment advice of Price Investment Management. Item 7: Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not Applicable Item 8: Identification and Classification of Members of the Group Not Applicable Item 9: Notice of Dissolution of Group Not Applicable Item 10: Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. T. Rowe Price Investment Management, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Investment Management is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. T. Rowe Price Investment Management, Inc. Date: February 14, 2024 Signature: /s/ Armando Capasso Name & Title: Armando Capasso, Vice President 12/31/2023
    Get the next $WHD alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $WHD

    DatePrice TargetRatingAnalyst
    11/4/2024$61.00Overweight → Equal Weight
    Barclays
    7/10/2024$48.00 → $52.00Neutral
    Citigroup
    5/31/2024Buy → Accumulate
    Johnson Rice
    1/16/2024Buy → Hold
    The Benchmark Company
    10/17/2023$48.00 → $60.00Equal Weight → Overweight
    Barclays
    10/16/2023$46.00 → $47.00Neutral → Underperform
    BofA Securities
    9/13/2023$60.00Neutral
    JP Morgan
    1/19/2023$70.00Buy
    The Benchmark Company
    More analyst ratings

    $WHD
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chairman and CEO Bender Scott disposed of 8,183 units of Class B Common Stock (SEC Form 4)

      4 - Cactus, Inc. (0001699136) (Issuer)

      4/4/25 9:13:28 AM ET
      $WHD
      Metal Fabrications
      Industrials
    • President Bender Joel disposed of 8,183 units of Class B Common Stock (SEC Form 4)

      4 - Cactus, Inc. (0001699136) (Issuer)

      4/4/25 9:13:18 AM ET
      $WHD
      Metal Fabrications
      Industrials
    • Large owner Cactus Wh Enterprises, Llc disposed of 8,183 units of Class B Common Stock, decreasing direct ownership by 0.08% to 10,092,246 units (SEC Form 4)

      4 - Cactus, Inc. (0001699136) (Issuer)

      4/4/25 9:13:08 AM ET
      $WHD
      Metal Fabrications
      Industrials

    $WHD
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Cactus downgraded by Barclays with a new price target

      Barclays downgraded Cactus from Overweight to Equal Weight and set a new price target of $61.00

      11/4/24 7:43:23 AM ET
      $WHD
      Metal Fabrications
      Industrials
    • Citigroup reiterated coverage on Cactus with a new price target

      Citigroup reiterated coverage of Cactus with a rating of Neutral and set a new price target of $52.00 from $48.00 previously

      7/10/24 8:40:02 AM ET
      $WHD
      Metal Fabrications
      Industrials
    • Cactus downgraded by Johnson Rice

      Johnson Rice downgraded Cactus from Buy to Accumulate

      5/31/24 7:55:34 AM ET
      $WHD
      Metal Fabrications
      Industrials

    $WHD
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Cactus Announces First Quarter 2025 Results

      Cactus, Inc. (NYSE:WHD) ("Cactus" or the "Company") today announced financial and operating results for the first quarter of 2025. First Quarter Highlights Revenue of $280.3 million and operating income of $68.6 million; Net income of $54.1 million and diluted earnings per Class A share of $0.64; Adjusted net income(1) of $58.8 million and diluted earnings per share, as adjusted(1) of $0.73; Net income margin of 19.3% and adjusted net income margin(1) of 21.0%; Adjusted EBITDA(2) and Adjusted EBITDA margin(2) of $93.8 million and 33.5%, respectively; Cash and cash equivalents of $347.7 million, with no bank debt outstanding as of March 31, 2025; and In April 2025, the Board o

      4/30/25 5:30:00 PM ET
      $WHD
      Metal Fabrications
      Industrials
    • Cactus Announces Timing of First Quarter 2025 Earnings Release and Conference Call

      Cactus, Inc. (NYSE:WHD) ("Cactus" or the "Company") today announced that it will issue its first quarter 2025 earnings release after market close on Wednesday, April 30, 2025. The Company will host a conference call to discuss financial and operational results on Thursday, May 1, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The call will be webcast on Cactus' website at www.CactusWHD.com. Please access the webcast at least 10 minutes ahead of the start time to ensure a proper connection. An archived version will be available on the Company's website shortly after the end of the call. About Cactus, Inc. Cactus designs, manufactures, sells or rents a range of highly engineered

      4/15/25 5:30:00 PM ET
      $WHD
      Metal Fabrications
      Industrials
    • Cactus Announces Fourth Quarter and Full Year 2024 Results

      Cactus, Inc. (NYSE:WHD) ("Cactus" or the "Company") today announced financial and operating results for the fourth quarter and full year of 2024. Fourth Quarter Highlights Revenue of $272.1 million and operating income of $70.5 million; Net income of $57.4 million and diluted earnings per Class A share of $0.68; Adjusted net income(1) of $56.8 million and diluted earnings per share, as adjusted(1) of $0.71; Net income margin of 21.1% and adjusted net income margin(1) of 20.9%; Adjusted EBITDA(2) and Adjusted EBITDA margin(2) of $92.7 million and 34.1%, respectively; Cash flow from operations of $66.6 million; Cash and cash equivalents balance of $342.8 million with no

      2/26/25 5:30:00 PM ET
      $WHD
      Metal Fabrications
      Industrials

    $WHD
    Financials

    Live finance-specific insights

    See more
    • Cactus Announces First Quarter 2025 Results

      Cactus, Inc. (NYSE:WHD) ("Cactus" or the "Company") today announced financial and operating results for the first quarter of 2025. First Quarter Highlights Revenue of $280.3 million and operating income of $68.6 million; Net income of $54.1 million and diluted earnings per Class A share of $0.64; Adjusted net income(1) of $58.8 million and diluted earnings per share, as adjusted(1) of $0.73; Net income margin of 19.3% and adjusted net income margin(1) of 21.0%; Adjusted EBITDA(2) and Adjusted EBITDA margin(2) of $93.8 million and 33.5%, respectively; Cash and cash equivalents of $347.7 million, with no bank debt outstanding as of March 31, 2025; and In April 2025, the Board o

      4/30/25 5:30:00 PM ET
      $WHD
      Metal Fabrications
      Industrials
    • Cactus Announces Timing of First Quarter 2025 Earnings Release and Conference Call

      Cactus, Inc. (NYSE:WHD) ("Cactus" or the "Company") today announced that it will issue its first quarter 2025 earnings release after market close on Wednesday, April 30, 2025. The Company will host a conference call to discuss financial and operational results on Thursday, May 1, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The call will be webcast on Cactus' website at www.CactusWHD.com. Please access the webcast at least 10 minutes ahead of the start time to ensure a proper connection. An archived version will be available on the Company's website shortly after the end of the call. About Cactus, Inc. Cactus designs, manufactures, sells or rents a range of highly engineered

      4/15/25 5:30:00 PM ET
      $WHD
      Metal Fabrications
      Industrials
    • Cactus Announces Fourth Quarter and Full Year 2024 Results

      Cactus, Inc. (NYSE:WHD) ("Cactus" or the "Company") today announced financial and operating results for the fourth quarter and full year of 2024. Fourth Quarter Highlights Revenue of $272.1 million and operating income of $70.5 million; Net income of $57.4 million and diluted earnings per Class A share of $0.68; Adjusted net income(1) of $56.8 million and diluted earnings per share, as adjusted(1) of $0.71; Net income margin of 21.1% and adjusted net income margin(1) of 20.9%; Adjusted EBITDA(2) and Adjusted EBITDA margin(2) of $92.7 million and 34.1%, respectively; Cash flow from operations of $66.6 million; Cash and cash equivalents balance of $342.8 million with no

      2/26/25 5:30:00 PM ET
      $WHD
      Metal Fabrications
      Industrials

    $WHD
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Cactus Inc.

      SC 13G/A - Cactus, Inc. (0001699136) (Subject)

      11/12/24 1:29:18 PM ET
      $WHD
      Metal Fabrications
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Cactus Inc.

      SC 13G/A - Cactus, Inc. (0001699136) (Subject)

      11/12/24 9:50:14 AM ET
      $WHD
      Metal Fabrications
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Cactus Inc.

      SC 13G/A - Cactus, Inc. (0001699136) (Subject)

      11/4/24 11:24:08 AM ET
      $WHD
      Metal Fabrications
      Industrials

    $WHD
    SEC Filings

    See more
    • Cactus Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - Cactus, Inc. (0001699136) (Filer)

      5/15/25 10:58:16 AM ET
      $WHD
      Metal Fabrications
      Industrials
    • SEC Form 10-Q filed by Cactus Inc.

      10-Q - Cactus, Inc. (0001699136) (Filer)

      5/1/25 4:56:49 PM ET
      $WHD
      Metal Fabrications
      Industrials
    • Cactus Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Cactus, Inc. (0001699136) (Filer)

      4/30/25 6:59:46 PM ET
      $WHD
      Metal Fabrications
      Industrials

    $WHD
    Leadership Updates

    Live Leadership Updates

    See more
    • KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

      NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S

      6/7/24 6:09:00 PM ET
      $ADTN
      $ALTR
      $ATNI
      $BMRN
      Telecommunications Equipment
      Utilities
      Computer Software: Prepackaged Software
      Technology
    • Cactus Announces Appointment of Jay Nutt as Chief Financial Officer

      Cactus, Inc. (NYSE:WHD) ("Cactus" or the "Company") today announced the Board of Directors has appointed Jay Nutt as Executive Vice President, Chief Financial Officer and Treasurer, effective June 3, 2024. Mr. Nutt is a long-tenured financial executive, having served from 2018 until 2021 as Senior Vice President and Chief Financial Officer of ChampionX Corporation ("ChampionX") and its predecessor Apergy Corporation, prior to its merger with ChampionX Holding, Inc. the upstream energy business of Ecolab, Inc. Prior to ChampionX and Apergy Corporation, Mr. Nutt served in various financial leadership capacities with TechnipFMC plc and FMC Technologies, including as Senior Vice President and

      5/28/24 5:00:00 PM ET
      $WHD
      Metal Fabrications
      Industrials
    • Cactus Announces Executive Leadership Transition

      Cactus, Inc. (NYSE:WHD) ("Cactus" or the "Company") today announced the Board of Directors has appointed Stephen Tadlock, currently Executive Vice President and Chief Financial Officer of Cactus, as the CEO of the Spoolable Technologies segment ("FlexSteel"). Mr. Tadlock has served as Executive Vice President and Chief Financial Officer of Cactus since 2019. Previously he served as Vice President and Chief Administrative Officer and as Vice President of Corporate Services after joining the company full time in 2017. Prior to that, Mr. Tadlock was a Partner at Cadent Energy Partners LLC, where he worked from 2007 to 2017, serving as a Board observer of Cactus since its founding in 2011. Ad

      10/18/23 6:30:00 PM ET
      $WHD
      Metal Fabrications
      Industrials