Chang Liu Increases Stake in CATY with Significant Purchase
CATY's President & CEO, Chang Liu, acquired 35,998 shares in a recent transaction.
Key Points
- On June 26, 2026, Chang Liu, President & CEO of CATY, bought 35,998 shares.
- Shares of CATY traded near $61.83 on Wednesday, with a 52-week high of $0.0.
- Piper Sandler maintained a 'sell' rating for CATY with a $47 price target as of April 27, 2026.
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Chang Liu, the President & CEO of CATY, made a notable purchase of 35,998 shares on June 26, 2026. This insider transaction was not part of a pre-arranged trading plan, indicating Liu's direct involvement in the decision to buy.
Insider Buying and Selling at Cathay General Bancorp
On the same day, several other executives at CATY were also active buyers. Albert Jen-Wen Wang, the EVP and CFO, acquired 12,004 shares. Thomas Lo, EVP and Chief Admin Officer, bought 1,611 shares. Albert Sun, EVP and Chief Credit Officer, purchased 6,299 shares. Executive Chairman Dunson Cheng added 18,654 shares, and Diana Deen, EVP and Chief Risk Officer, bought 6,904 shares.
Other Institutional Activity in CATY
Among institutional investors, BlackRock, Inc. increased its holdings 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 $202.9 million. Dimensional Fund Advisors LP added 17,444 shares, ending with 4,050,007 shares valued at $201.9 million. State Street Corp boosted its stake by 50,842 shares, totaling 3,457,812 shares with a value of $172.4 million. Geode Capital Management, LLC also increased its position by 14,897 shares, holding 1,739,638 shares worth $86.8 million.
Cathay General Bancorp Stock Up 1.0%
Shares of CATY traded near $61.83 on Wednesday. The stock's 52-week high is not available, but it maintains a strong presence in the market with substantial institutional backing.
$CATY stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On April 27, 2026, Piper Sandler maintained a 'sell' rating on CATY with a price target of $47. Keefe, Bruyette & Woods also maintained a 'hold' rating with a $58 target on April 23, 2026. DA Davidson reiterated a 'hold' rating with a $52 target as of October 23, 2025.
Bottom Line
The insider buying activity at CATY, led by CEO Chang Liu, suggests confidence in the company's future prospects. Institutional investors have also shown interest, with several funds increasing their positions. While Piper Sandler's 'sell' rating indicates some caution, other firms maintain a neutral stance. As always, these insider transactions and analyst ratings provide valuable insights but should be considered as part of a broader investment strategy.
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