Paccar’s 0.48% Drop Amid Record Volume Surge to $500M Ranking 237th as CEO Sells $3.98M Stake

Paccar (PCAR) traded with a 0.48% decline on July 30, 2025, despite a 128.26% surge in trading volume to $0.5 billion, ranking 237th in market activity. The stock’s performance coincided with a significant insider transaction by its CEO, R. Preston Feight, who sold 39,965 shares valued at $3.98 million. The sale occurred at an average price of $99.52 per share, with prices ranging between $99.1350 and $99.9650. Post-transaction, Feight retains direct ownership of 223,190 shares and indirect holdings of 17,134 shares via the PACCAR Savings Investment Plan.

Feight’s sale follows recent strong earnings, where Paccar reported Q2 2025 results exceeding expectations, including $1.37 earnings per share and $7.51 billion in revenue. Analysts have adjusted their outlooks, with Bernstein raising its price target to $118 and UBS upgrading the stock to Neutral with a $100 target. However, the insider activity may signal caution among leadership amid broader market volatility, as high-volume strategies have historically shown strong returns—though Paccar’s recent trading dynamics highlight mixed signals between operational strength and insider sentiment.

The strategy of targeting top 500 high-volume stocks for one-day holding periods has generated a 166.71% return since 2022, far outperforming the benchmark’s 29.18%. This approach, with a 31.89% compound annual growth rate, underscores the potential of liquidity-driven short-term positioning in capitalizing on market momentum and sentiment shifts.