CHAIRMAN & CEO of PACCAR Inc (PCAR) Mark C Pigott sells 262,339 shares of PCAR on 11/10/2010 at an average price of $53.44 a share.

Paccar Inc has a market cap of $19.53 billion; its shares were traded at around $53.57 with a P/E ratio of 56.4 and P/S ratio of 2.7. The dividend yield of Paccar Inc stocks is 0.7%. Paccar Inc had an annual average earning growth of 14.3% over the past 10 years.

PCAR is in the portfolios of HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc, Pioneer Investments, Kenneth Fisher of Fisher Asset Management, LLC, Steven Cohen of SAC Capital Advisors, Chris Davis of Davis Selected Advisers, Mario Gabelli of GAMCO Investors.


This is the insider trade history vs. stock price of PCAR. For the complete insider trading history of PCAR, click here.

Directors and Officers Recent Trades:

• Sell: VICE PRESIDENT/CONTROLLER Michael T Barkley sold 5,971 shares of PCAR stock on 11/05/2010 at the average price of 55.09. Michael T Barkley owns at least 13,592 shares after this. The price of the stock has decreased by 2.76% since.


• Sell: EXECUTIVE VICE PRESIDENT Daniel D Sobic sold 5,638 shares of PCAR stock on 11/02/2010 at the average price of 53. Daniel D Sobic owns at least 21,459 shares after this. The price of the stock has increased by 1.08% since.


• Sell: Director John M Jr Fluke sold 3,000 shares of PCAR stock on 10/29/2010 at the average price of 51. John M Jr Fluke owns at least 25,315 shares after this. The price of the stock has increased by 5.04% since.


• Sell: PRESIDENT James G Cardillo sold 55,745 shares of PCAR stock on 10/29/2010 at the average price of 51. James G Cardillo owns at least 35,445 shares after this. The price of the stock has increased by 5.04% since.


• Sell: Director John M Jr Fluke sold 3,000 shares of PCAR stock on 07/30/2010 at the average price of 44.8. John M Jr Fluke owns at least 28,362 shares after this. The price of the stock has increased by 19.58% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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