PACCAR Inc. $PCAR Shares Sold by M&T Bank Corp

M&T Bank Corp significantly reduced its stake in PACCAR Inc. (NASDAQ:PCAR) by 42.0% in Q4, selling 84,653 shares. Despite beating revenue expectations, PACCAR’s Q4 EPS was in line with estimates, and insider selling has been notable. The stock currently holds a “Hold” consensus rating from analysts, with a consensus price target of $117.42.

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