The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Paccar Inc shares valued at $636,785 were sold by WALTON MICHAEL K on Feb 19 ’25. At $106.13 per share, WALTON MICHAEL K sold 6,000 shares. The insider’s holdings dropped to 951 shares worth approximately $93502.31999999999 following the completion of this transaction.
Also, WALTON MICHAEL K purchased 6,000 shares, netting a total of over 636,785 in proceeds.
Before that, SCHIPPERS HARRIE had sold 28,676 shares from its account. In a trade valued at $3,038,787, the PRESIDENT & CFO traded Paccar Inc shares for $105.97 each. Upon closing the transaction, the insider’s holdings decreased to 28,676 shares, worth approximately $11.27 million.
As published in a research note from Melius on March 18, 2025, Paccar Inc [PCAR] has been rated up from a Hold to a Buy. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid March. As of January 14, 2025, BofA Securities has increased its “Neutral” rating to a “Buy” for PCAR. Earlier on December 06, 2024, Jefferies downgraded its rating. Their new recommendation was “a Hold” for PCAR stock which previously was a “a Buy”.
Analyzing PCAR Stock Performance
During the last five days, there has been a drop of approximately -0.10%. Over the course of the year, Paccar Inc shares have dropped approximately -5.48%. Shares of the company reached a 52-week high of $115.43 on 03/10/25 and a 52-week low of $96.80 on 03/13/25. A 50-day SMA is recorded $106.52, while a 200-day SMA reached $104.64.
Support And Resistance Levels for Paccar Inc (PCAR)
According to the 24-hour chart, there is a support level at 97.69, which, if violated, would cause prices to drop to 97.06. In the upper region, resistance lies at 99.26. The next price resistance is at 100.19. RSI (Relative Strength Index) is 37.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.55, which suggests the price will decrease in the coming days. Percent R is at 91.84%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
