Cathay General Bancorp (CATY) Chairman Cheng Buys 18,654 Shares

Executive Chairman Dunson Cheng Buys CATY Stock

Cathay General Bancorp Executive Chairman Dunson Cheng picked up 18,654 shares of the regional bank on June 26, 2026. This open-market purchase added to a flurry of insider buying at the institution on the exact same day, as top leaders built up their personal stakes in the company.

Inside the Cathay General Bancorp Insider Trading Activity

The transaction on June 26, 2026, wasn't an isolated event for the bank's leadership team. On that same day, President and CEO Chang Liu added 35,998 shares to his holdings, while Executive Vice President and Chief Credit Officer Albert Sun bought 6,299 shares. These purchases were executed independently on the open market rather than through automated trading plans.

Cathay General Bancorp Stock Performance

Cathay General Bancorp stock changes hands around $61.83 per share, sitting comfortably within its 52-week range that spans from a low of $44.57 to a high of $65.26. The bank's shares trade close to their 50-day moving average of $62.68 and well above their 200-day moving average of $55.83. The stock carries a P/E ratio of 12.0, reflecting its valuation based on trailing earnings per share of $5.11.

Analysts Set New Price Targets

Wall Street firms maintain varied stances on the regional lender's outlook. On July 23, 2026, Stephens & Co. maintained its Equal-Weight rating while lifting its price target to $63.00 from $56.00. DA Davidson kept a Neutral rating and moved its target to $66.00 from $56.00, while Keefe, Bruyette & Woods held a Market Perform rating with a target of $67.00. Piper Sandler maintains an Underweight rating with a price target of $53.00 set on July 27, 2026, and StoneX initiated coverage with a Hold rating on September 24, 2026. Across five analyst opinions, the company holds a consensus mean target price of $65.80.

About Cathay General Bancorp

Headquartered in Los Angeles, California, Cathay General Bancorp functions as the bank holding company for Cathay Bank. The institution provides commercial banking services tailored to individuals, professionals, and small to medium-sized businesses across the United States. Its operations include checking and savings accounts, residential and commercial real estate loans, construction financing, and small business administration lending, alongside various wealth management and advisory services.

What to Watch Next for CATY

Investors tracking the regional bank will want to keep an eye out for its upcoming third-quarter earnings report, which is scheduled for release on October 21, 2026. Future regulatory filings will also show whether executives continue adding to their equity positions or hold steady as the bank moves through the remainder of the fiscal year.