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Paccar INC (NASDAQ:PCAR), a prominent player in the machinery industry with a market capitalization of $52.5 billion, saw its Chief Executive Officer Preston Feight sell 39,965 shares of company stock on July 29, 2025, for approximately $3.97 million. The shares were sold at prices ranging from $99.1350 to $99.9650. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
On the same day, Feight also exercised options to acquire 51,165 shares of Paccar common stock at a price of $62.8667, for a total value of $3,216,574. The company maintains strong financial metrics with a P/E ratio of 17.05 and has delivered solid returns to investors over the past five years.
Following these transactions, Feight directly owns 223,190 shares of Paccar INC. He also indirectly owns 17,134.0270 shares through the PACCAR Savings Investment Plan (SIP).
The filing also indicates that Feight holds derivative securities including stock options with varying exercise prices and expiration dates, as well as stock units (LTIP).
In other recent news, PACCAR reported strong second-quarter 2025 financial results, with earnings per share of $1.37, exceeding the forecast of $1.29. The company’s revenue also surpassed expectations, totaling $7.51 billion compared to the anticipated $7.03 billion. Bernstein responded to these positive results by raising its price target for PACCAR to $118, maintaining an Outperform rating due to the company’s strong top-line performance and profitability. Meanwhile, Freedom Broker increased its price target to $90, citing strong parts sales, although PACCAR experienced a 15% year-over-year revenue decline and an 18% drop in truck deliveries. Wolfe Research adjusted its price target to $86, noting better-than-expected gross margins and revising its 2025 earnings per share estimate to $5.37. UBS upgraded PACCAR’s stock rating from Sell to Neutral, raising its price target to $100, following the company’s guidance on a significant decline in deliveries. These developments highlight the varied analyst perspectives on PACCAR’s future performance.
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