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Lighthouse Investment Partners LLC Acquires 47,475 Shares of PACCAR Inc. $PCAR
Lighthouse Investment Partners LLC significantly increased its stake in PACCAR Inc. (NASDAQ:PCAR) by 486.3% in the third quarter, acquiring an additional 47,475 shares to bring its total holdings to 57,237 shares valued at $5.63 million. This comes amidst other institutional investment changes and recent insider selling activity, with PACCAR’s stock currently holding a “Hold” consensus rating from analysts. The company released earnings of $1.06 per share on revenue of $6.82 billion for the latest quarter.