Cathay General Bancorp (CATY)

• Market cap: $3.08B
• Sector: Financials
• Industry: State Commercial Banks

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

130% more call options, than puts

Call options by funds: $434K | Put options by funds: $189K

1% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 87

2% less capital invested

Capital invested by funds: $1.99B [Q1] → $1.96B (-$34.7M) [Q2]

1.2% less ownership

Funds ownership: 72.42% [Q1] → 71.22% (-1.2%) [Q2]

6% less funds holding

Funds holding: 254 [Q1] → 238 (-16) [Q2]

36% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 44

100% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 0 (-2) [Q2]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $36 16% downside
• Avg. target: $45 4% upside
• High target: $50 17% upside

4 analyst ratings

• positive: 1 25%
• neutral: 2 50%
• negative: 1 25%

Truist Securities Brandon King 76% 1-year accuracy 44 / 58 met price target	10% upside $47	Hold Maintained	20 Sept 2024
Truist Securities Brandon King 76% 1-year accuracy 44 / 58 met price target	6% upside $45	Hold Maintained	24 Jul 2024
Wedbush David Chiaverini 54% 1-year accuracy 28 / 52 met price target	17% upside $50	Outperform Maintained	23 Jul 2024
Piper Sandler Matthew Clark 63% 1-year accuracy 10 / 16 met price target	16% downside $36	Underweight Maintained	23 Jul 2024