PACCAR Inc (NASDAQ:PCAR) reached 43.83% versus a 1-year low price of $48.17. The stock was last seen 0.24% higher, reaching at $67.87 on Mar. 13, 2017. At recent session, the prices were hovering between $67.71 and $68.16. This company shares are 0.57% off its target price of $68.26 and the current market capitalization stands at $23.47B. The recent change has given its price a 1.08% lead over SMA 50 and -3.21% deficit over its 52-week high. The stock witnessed -0.12% declines, 0.96% gains and 22.97% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PCAR’s volatility during a week at 1.34% and during a month it has been found around 1.58%.PACCAR Inc (PCAR) Top Holders
Institutional investors currently hold around $14.84 billion or 63.3% in PCAR stock. Look at its top three institutional owners. Bank Of America Corp /De/ owns $2 billion in PACCAR Inc, which represents roughly 8.51% of the company’s market cap and approximately 13.47% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 22,635,770 shares of the stock are valued at $1.53 billion. The third largest holder is State Street Corp, which currently holds $1.02 billion worth of this stock and that ownership represents nearly 4.33% of its market capitalization.PACCAR Inc 13F Filings
At the end of December reporting period, 235 institutional holders increased their position in PACCAR Inc (NASDAQ:PCAR) by some 17,047,023 shares, 263 decreased positions by 16,351,935 and 84 held positions by 185,715,681. That puts total institutional holdings at 219,114,639 shares, according to SEC filings. The stock grabbed 73 new institutional investments totaling 3,634,872 shares while 50 institutional investors sold out their entire positions totaling 3,857,873 shares.
Multiple company employees have indulged in significant insider trading. PACCAR Inc disclosed in a document filed with the US Securities and Exchange Commission (SEC) that SR. VICE PRESIDENT/CONTROLLER BARKLEY MICHAEL T has sold 8,736 shares of PACCAR Inc (PCAR) in trading session dated Feb. 14, 2017. These shares are worth $609,249 and were traded at $69.74 each. The SEC filing shows that SCHIPPERS HARRIE performed a sale of 5,314 shares. The SENIOR VICE PRESIDENT disposed these shares by way of transaction on Feb. 10, 2017. The company’s shares were given away at $68.66 per share worth to an income of some $364,859 on account of SCHIPPERS HARRIE.
Senior Vice President, Bengston Robert A., sold 20,472 common shares of PACCAR Inc (PCAR) in the open market. In a transaction dated Feb. 09, 2017, the shares were put up for sale at an average price of $68.18, raking in a sum of $1,395,781. After this sale, 20,914 common shares of PCAR are directly owned by the insider, with total stake valued at $1,419,433.
In the transaction dated Feb. 07, 2017, the great number of shares disposed came courtesy the SR. VICE PRESIDENT/CONTROLLER; BARKLEY MICHAEL T disposed a total of 881 shares at an average price of $68.52, amounting to approximately $60,366. The insider now directly owns 18,551 shares worth $1,259,056.PACCAR Inc (PCAR) Analyst Guide
Several analysts have released their opinion on PACCAR Inc (NASDAQ:PCAR), with 7 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.35 average brokerage recommendation.