Paccar Inc’s recent filing unveils that its PRESIDENT & CFO SCHIPPERS HARRIE unloaded Company’s shares for reported $3.04 million on Feb 18 ’25. In the deal valued at $105.97 per share,28,676 shares were sold. As a result of this transaction, SCHIPPERS HARRIE now holds 114,659 shares worth roughly $ 12.22 million.
Then, SCHIPPERS HARRIE bought 28,676 shares, generating $3,038,788 in total proceeds.
Before that, SIVER DARRIN C sold 103,671 shares. Paccar Inc shares valued at $11,565,682 were divested by the EXECUTIVE VICE PRESIDENT at a price of $111.56 per share. As a result of the transaction, SIVER DARRIN C now holds 61,005 shares, worth roughly $6.5 million.
BofA Securities upgraded its Paccar Inc [PCAR] rating to a Buy from a a Neutral in a research note published on January 14, 2025; the price target was increased to $121.50 from $116. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in early December from “a Buy” to “a Hold”. Evercore ISI also remained covering PCAR and has increased its forecast on November 13, 2024 with a “an Outperform” recommendation from previously “an In-line” rating. Raymond James started covering the stock on June 28, 2024. It rated PCAR as “a Mkt perform”.
Price Performance Review of PCAR
On Tuesday, Paccar Inc [NASDAQ:PCAR] saw its stock jump 0.55% to $106.54. Over the last five days, the stock has gained 0.41%. Paccar Inc shares have risen nearly 2.42% since the year began. Nevertheless, the stocks have risen 2.75% over the past one year. While a 52-week high of $122.00 was reached on 01/30/25, a 52-week low of $87.53 was recorded on 02/12/25. SMA at 50 days reached $108.93, while 200 days put it at $104.96.
Levels Of Support And Resistance For PCAR Stock
The 24-hour chart illustrates a support level at 105.46, which if violated will result in even more drops to 104.38. On the upside, there is a resistance level at 107.10. A further resistance level may holdings at 107.66. The Relative Strength Index (RSI) on the 14-day chart is 46.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.11%. Stochastics %K at 38.27% indicates the stock is a holding.
The most recent change occurred on June 26, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $115 price target.
