Albert Sun Buys Shares of CATY as Insider Activity Heats Up

Albert Sun, the Executive Vice President and Chief Credit Officer at CATY, bought 6,299 shares of the company on June 26, 2026. This transaction was not part of a pre-planned trading program. The purchase adds to a series of insider activities at CATY as the stock traded at $61.83 on Wednesday.

Insider Buying and Selling at Cathay General Bancorp

The recent insider activity at CATY is notable, with several executives making purchases on June 26, 2026. Albert Jen-Wen Wang, the EVP and Chief Financial Officer, acquired 12,004 shares. Thomas Lo, EVP and Chief Administrative Officer, bought 1,611 shares. President and CEO Chang Liu added 35,998 shares to his holdings. Additionally, Executive Chairman Dunson Cheng and EVP, Chief Risk Officer Diana Deen purchased 18,654 and 6,904 shares, respectively. These buys were not made under Rule 10b5-1 plans.

Other Institutional Activity in CATY

Institutional investors also showed interest in CATY. 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 initiated a new position with 4,071,259 shares worth about $202.9 million. Dimensional Fund Advisors LP added 17,444 shares, resulting in a total of 4,050,007 shares valued at $201.9 million. State Street Corp boosted its position by 50,842 shares to 3,457,812 shares, worth around $172.4 million. Geode Capital Management, LLC also increased its stake by 14,897 shares, now holding 1,739,638 shares valued at $86.8 million.

Analysts Set New Price Targets

Analysts have maintained varied views on CATY. On April 27, 2026, Piper Sandler maintained a 'sell' rating with a price target of $47. Keefe, Bruyette & Woods, on April 23, 2026, maintained a 'hold' rating with a target of $58. DA Davidson also kept a 'hold' rating with a target of $52, dating back to October 23, 2025. The consensus among analysts is mixed, reflecting differing perspectives on CATY's future performance.

Bottom Line

Albert Sun's purchase of CATY shares underscores ongoing insider confidence in the company's prospects. Insider buying can often signal positive sentiment from those most familiar with the company's operations. Investors keep a close watch on such activities alongside analyst ratings, which currently present a mixed outlook for CATY. As always, remember that insider transactions and analyst opinions are just pieces of the larger investment puzzle.