Today it was reported that the SR. VICE PRESIDENT of Paccar (PCAR), Michael Barkley, exercised options to sell 10,000 PCAR shares at $50.00 a share, for a total transaction value of $975.9K.
Following Michael Barkley’s last PCAR Sell transaction on October 27, 2020, the stock climbed by 9.2%. In addition to Michael Barkley, 3 other PCAR executives reported Sell trades in the last month.
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The company has a one-year high of $103.19 and a one-year low of $49.11. Currently, Paccar has an average volume of 611.95K. PCAR’s market cap is $33.47 billion and the company has a P/E ratio of 25.80.
Based on 8 analyst ratings, the analyst consensus is Hold with an average price target of $95.00, reflecting a 2.5% upside.
The insider sentiment on Paccar has been negative according to 99 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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PACCAR, Inc. is a global technology company, which engages in the design and manufacture of light, medium, and heavy-duty trucks. It operates through the following segments: Truck, Parts and Financial Services. The Truck segment designs and manufactures heavy, medium, and light duty diesel trucks which are marketed under the Kenworth, Peterbilt, and DAF brands. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment provides finance and leasing products; and services provided to truck customers and dealers. The company was founded by William Pigott Sr. in 1905 and is headquartered in Bellevue, WA.
