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Centurion Wealth Management buys more Caterpillar shares, despite insider sales and slightly missed earnings.
Centurion Wealth Management increased its holdings in Caterpillar Inc. by purchasing 73 more shares, now owning $731,000 worth. Despite slightly missing earnings estimates, Caterpillar reported a strong revenue of $16.57 billion. Recent insider trading includes significant sales by Chairman Donald J. Umpleby III and Director Susan C. Schwab. The stock received a "Moderate Buy" rating with a target price of $457.20.
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