Institutional investors boost PACCAR holdings, but CEO sells shares as stock rating is upgraded.

Several institutional investors have increased their holdings in PACCAR Inc, including ICICI Prudential and MQS Management LLC. PACCAR's CEO sold shares recently, with insiders selling a total of 60,315 shares. Analysts have upgraded PACCAR, with Evercore ISI raising its rating to "outperform." Shares of PACCAR opened at $116.79, with institutional investors owning 64.9% of the company's stock.

November 13, 2024
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