Dunson Cheng Buys 18,654 Shares of CATY

Dunson Cheng, the Executive Chairman of CATY, recently purchased 18,654 shares of the company on June 26, 2026. This insider buying activity was not part of a pre-arranged trading plan.

Insider Buying and Selling at Cathay General Bancorp

In addition to Dunson Cheng's purchase, several other executives at CATY also bought shares on June 26, 2026. Albert Jen-Wen Wang, the EVP and Chief Financial Officer, acquired 12,004 shares, while Thomas Lo, the EVP and Chief Admin Officer, purchased 1,611 shares. Albert Sun, the EVP and Chief Credit Officer, bought 6,299 shares, and Chang Liu, the President & CEO, acquired 35,998 shares. Diana Deen, the EVP and Chief Risk Officer, also bought 6,904 shares. None of these transactions were planned in advance.

Other Institutional Activity in CATY

In recent institutional activity, BlackRock, Inc. increased its holdings in CATY by 37,499 shares, bringing its total to 9,745,583 shares valued at approximately $485.9 million. Vanguard Portfolio Management LLC opened a new position with 4,071,259 shares worth about $203 million. Dimensional Fund Advisors LP added 17,444 shares, resulting in a total of 4,050,007 shares valued at around $201.9 million. State Street Corp increased its stake by 50,842 shares to 3,457,812 shares, valued at roughly $172.4 million. Geode Capital Management, LLC also increased its position by 14,897 shares, ending with 1,739,638 shares worth about $86.8 million.

Cathay General Bancorp Stock Up 1.0%

Shares of CATY traded near $61.83 on Wednesday. The stock has seen multiple adjustments in institutional holdings recently, which could indicate varying levels of investor confidence. CATY has been subject to a range of analyst ratings, reflecting diverse opinions on its future performance.

Analysts Set New Price Targets

Analysts have recently updated their price targets for CATY. On April 27, 2026, Piper Sandler maintained a 'sell' rating with a price target of $47. Keefe, Bruyette & Woods maintained a 'hold' rating with a target of $58 on April 23, 2026. DA Davidson also maintained a 'hold' rating with a target of $52 back in October 2025. These ratings suggest a mixed outlook among analysts, with some recommending holding or selling the stock.

Bottom Line

Dunson Cheng's recent purchase of CATY shares, along with other executives, highlights significant insider confidence. Institutional investors like BlackRock and Vanguard have also made notable adjustments to their positions. These insider and institutional activities are closely watched by investors for potential indicators of the company's future performance. However, it's important to remember that 13F filings and insider transactions reflect past actions and may not represent current positions.