SCHEDULE: FMR LLC Reports 3.5% Stake in Cactus Inc.

FMR LLC and Abigail P. Johnson have jointly filed a Schedule 13G, reporting beneficial ownership of 3.5% of Cactus Inc.'s Class A Common Stock as of March 31, 2026.

Summary

• FMR LLC, through its subsidiaries and affiliates, along with Abigail P. Johnson, has reported a combined beneficial ownership of 2,403,386.55 shares of Cactus Inc.'s Class A Common Stock.
• This holding represents approximately 3.5% of the total outstanding Class A Common Stock.
• The filing is an amendment to a previous Schedule 13G, with the reporting date of the event requiring the filing being March 31, 2026.
• FMR LLC is classified as an Investment Company, while Abigail P. Johnson is classified as an Insider.
• The filing indicates that while other persons may have the right to receive dividends or proceeds from the sale of these securities, no single other person's interest exceeds five percent of the total outstanding shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports ownership stakes and does not contain operational or financial performance data for Cactus Inc. itself.

Positives

• FMR LLC and Abigail P. Johnson maintain a significant, though passive, stake in Cactus Inc., indicating confidence in the company's long-term prospects.
• The filing confirms that the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control.

Negatives

• The filing does not contain any negative financial performance indicators or operational challenges for Cactus Inc. itself, as it is a disclosure of ownership by a third party.

Risks

• Potential for future changes in FMR LLC's or Abigail P. Johnson's investment strategy, which could lead to a significant sale of shares, impacting Cactus Inc.'s stock price.
• The concentration of voting power among Series B shareholders of FMR LLC, including the Johnson family, could influence FMR LLC's investment decisions.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Cactus Inc.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and significant individual shareholders to report their holdings. FMR LLC is a major financial services firm, and its reporting of a 3.5% stake in Cactus Inc. suggests a notable investment, though not a controlling interest.

Stakeholder Impact

• Shareholders of Cactus Inc.: The filing may provide some comfort that a significant financial institution holds a stake, but the passive nature of the ownership means it's unlikely to directly influence day-to-day operations or immediate strategic decisions.
• FMR LLC Shareholders: The investment represents a small portion of FMR LLC's overall managed assets, with minimal direct impact on their returns unless Cactus Inc. experiences significant stock price fluctuations.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to monitor their investment in Cactus Inc. and may adjust their holdings based on market conditions and company performance.
• Cactus Inc. will continue its operations and financial reporting as usual.

Key Dates

Keywords

Schedule 13G, FMR LLC, Abigail P. Johnson, Cactus Inc., Class A Common Stock, Beneficial Ownership, Investment Company, Insider, SEC Filing, 3.5%