Optimum Communications Insider Sale and Cactus Shares Hit 1‑Year High

General Counsel Michael Olsen of Optimum Communications sold 20,000 shares at an average price of $0.74, reducing his direct ownership by about 2.25% to roughly 868,454 shares. The transaction, disclosed under a Rule 10b5‑1 plan, valued the sale at $14,800. Optimum’s stock opened at $0.79, down 9.2% and trading below its 50‑day and 200‑day moving averages.

Cactus, Inc. saw its shares climb to a new 52‑week high of $68.00, closing the day at $65.91 after strong earnings. The company reported quarterly earnings of $0.93 per share, beating expectations by $0.29, with revenue of $449.53 k, up 64.3% year‑over‑year. Analysts raised price targets, and the firm announced a dividend increase.