Rep. Gilbert Ray Cisneros, Jr. Buys Cathay General Bancorp (NASDAQ:CATY) Shares

Posted by Kim Johansen on Apr 11th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Cathay General Bancorp (NASDAQ:CATY). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cathay General Bancorp stock on March 3rd. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

Cathay General Bancorp Stock Performance

Shares of NASDAQ:CATY traded down $0.41 during trading on Friday, reaching $53.47. 338,798 shares of the stock were exchanged, compared to its average volume of 475,078. Cathay General Bancorp has a 12 month low of $36.60 and a 12 month high of $54.99. The firm has a market cap of $3.58 billion, a PE ratio of 11.78 and a beta of 0.82. The stock has a 50-day moving average price of $50.80 and a 200-day moving average price of $49.38. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.05.

Cathay General Bancorp (NASDAQ:CATY – Get Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The bank reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.13. The company had revenue of $222.83 million during the quarter, compared to analysts’ expectations of $211.76 million. Cathay General Bancorp had a return on equity of 10.89% and a net margin of 22.76%.During the same quarter in the previous year, the company posted $1.12 earnings per share. Research analysts expect that Cathay General Bancorp will post 4.47 EPS for the current fiscal year.

Cathay General Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 9th. Stockholders of record on Thursday, February 26th were issued a dividend of $0.38 per share. This is a boost from Cathay General Bancorp’s previous quarterly dividend of $0.34. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, February 26th. Cathay General Bancorp’s dividend payout ratio is presently 33.48%.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of Cathay General Bancorp in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $52.50.

Get Our Latest Stock Report on Cathay General Bancorp

Insider Activity at Cathay General Bancorp

In other Cathay General Bancorp news, CEO Chang Liu sold 4,836 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $50.35, for a total transaction of $243,492.60. Following the completion of the transaction, the chief executive officer directly owned 127,819 shares in the company, valued at $6,435,686.65. The trade was a 3.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas M. Lo sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $50.23, for a total transaction of $50,230.00. Following the transaction, the executive vice president owned 2,000 shares of the company’s stock, valued at approximately $100,460. This represents a 33.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 4.85% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CATY. Royal Bank of Canada raised its position in Cathay General Bancorp by 25.8% during the first quarter. Royal Bank of Canada now owns 14,761 shares of the bank’s stock valued at $634,000 after purchasing an additional 3,030 shares in the last quarter. AQR Capital Management LLC raised its position in Cathay General Bancorp by 20.0% during the first quarter. AQR Capital Management LLC now owns 40,456 shares of the bank’s stock valued at $1,708,000 after purchasing an additional 6,740 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Cathay General Bancorp by 1.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,395 shares of the bank’s stock valued at $1,738,000 after purchasing an additional 760 shares in the last quarter. Caxton Associates LLP acquired a new position in Cathay General Bancorp during the first quarter valued at approximately $316,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Cathay General Bancorp by 5.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 183,090 shares of the bank’s stock valued at $7,878,000 after purchasing an additional 8,914 shares in the last quarter. 75.01% of the stock is currently owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Cathay General Bancorp

(Get Free Report)

Cathay General Bancorp is a bank holding company headquartered in Los Angeles, California, trading on NASDAQ under the symbol CATY. Its principal subsidiary, Cathay Bank, provides a full suite of financial services to commercial, institutional and retail clients. As a community-focused institution, the company emphasizes relationship banking and tailored solutions for businesses and individuals.

Founded in 1962 by a group of Chinese American entrepreneurs, Cathay has expanded from a single branch operation in downtown Los Angeles into one of the largest Asian-American banks in the United States.