Executive Vice President of PCAR Sells 103,671 Shares

Insider Trading Alert: Darrin C. Siver, EVP of $PCAR, sold over $11.5M in shares, signaling potential concerns for investors. In the last 6 months, all insider trades for $PCAR have been sales, leaving room for caution.

Date: 01-02-2025

AI Rating: 4

Insider Trading Activity
Recent insider trading data indicates that the Executive Vice President of PACCAR Inc ($PCAR), Darrin C. Siver, sold a significant portion of his shares, amounting to $11,565,681. This trade represented approximately 63% of his holdings in that class of stock, which could be seen as a negative signal by investors.

Across the last six months, there have been a total of eight insider trades, all of which were sales, with no purchases reported. This pattern indicates potential underlying issues as insiders divest their holdings instead of buying, as typically, insider purchases are viewed as a sign of confidence in the company's future.

Institutional Investor Activity
The institutional investor landscape for $PCAR shows a mixed sentiment. 422 investors added shares while 506 decreased their positions in the most recent quarter. Notably, Wellington Management Group added a significant 4.6 million shares, reflecting confidence in the company's prospects. In contrast, FMR LLC disposed of over 4 million shares, indicating retreat from the stock during the same period. The divergent actions of institutional investors provide a nuanced perspective on market sentiment regarding $PCAR, but the overall trend of insider selling should not be overlooked.

Overall, the significant amount of insider selling combined with mixed institutional investment activity suggests a cautious stance for investors considering $PCAR stock at this time. The lack of insider purchases specifically raises red flags regarding confidence in future performance.

Stocks: PCAR