Caterpillar stock climbs above $740 as Dow hits another record close; insider sales disclosed
Caterpillar shares rose 2.2% to $742.12 on Monday, then held steady after hours. Two group presidents, Bob De Lange and Anthony Fassino, exercised options and sold shares at prices around $720–$723, SEC filings showed. Dealer data reported a 44% jump in power generation retail sales in Q4, while machines sales rose in the Americas but fell in Asia and Europe. The Dow closed at a record 50,135.87.