PCAR VP/General Counsel Michael K. Walton sells 6,000 shares at $106.13; stock down 3.3% (30d), 7.2% (90d)
Michael K. Walton sold 6,000 shares (86.3% of his holdings) at $106.13 on 2025-02-19, reducing his position from 6,951 shares to 951 shares. The sale occurred as PACCAR's stock has declined 7.2% over the past 90 days and sits 14.5% below its 52-week high of $124.46. Walton's cross-ticker track record shows 1 prior sell with a 100% well-timed rate at the 90-day mark, and his prior PCAR sale in May 2024 also proved well-timed on a 90-day basis. The company's annual revenue is contracting at -4.2%, though valuation remains modest at a P/E of 13.09. The timing and magnitude of this reduction merit observation given the sustained price pressure and the insider's demonstrated pattern of selling ahead of longer-term declines.