Proficient Auto Logistics, Inc. (NASDAQ:PAL – Get Free Report) CFO Bradley Wright purchased 4,000 shares of the company’s stock in a transaction dated Thursday, August 13th. The stock was purchased at an average cost of $5.55 per share, with a total value of $22,200.00. Following the purchase, the chief financial officer owned 70,200 shares in the company, valued at approximately $389,610. This trade represents a 6.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Proficient Auto Logistics Price Performance
Shares of NASDAQ PAL opened at $5.50 on Monday. The company has a 50 day simple moving average of $7.02 and a 200-day simple moving average of $6.99. The company has a market capitalization of $152.74 million, a P/E ratio of -3.90 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.06 and a quick ratio of 1.06. Proficient Auto Logistics, Inc. has a 1 year low of $4.85 and a 1 year high of $10.97.
Hedge Funds Weigh In On Proficient Auto Logistics
Several large investors have recently made changes to their positions in PAL. Boston Partners boosted its position in shares of Proficient Auto Logistics by 6.9% during the 3rd quarter. Boston Partners now owns 2,288,113 shares of the company’s stock worth $15,763,000 after purchasing an additional 147,101 shares during the period. BlackRock Inc. purchased a new stake in Proficient Auto Logistics in the second quarter valued at approximately $11,013,000. Vanguard Group Inc. lifted its stake in Proficient Auto Logistics by 7.9% during the third quarter. Vanguard Group Inc. now owns 1,135,623 shares of the company’s stock worth $7,824,000 after purchasing an additional 83,148 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in Proficient Auto Logistics during the second quarter worth $7,322,000. Finally, Diamond Hill Capital Management Inc. lifted its stake in Proficient Auto Logistics by 7.5% during the fourth quarter. Diamond Hill Capital Management Inc. now owns 906,345 shares of the company’s stock worth $8,737,000 after purchasing an additional 62,846 shares in the last quarter.
Analysts Set New Price Targets
Key Stories Impacting Proficient Auto Logistics
Here are the key news stories impacting Proficient Auto Logistics this week:
- Positive Sentiment: Company insiders made substantial open-market purchases near the current trading range. COO Amy Rice bought 995 shares, CFO Bradley Wright purchased 4,000 shares, and Director Rohit Lal acquired a combined 50,000 shares. These purchases may support investor confidence because management and the board are committing personal capital to PAL. SEC insider ownership filing
- Positive Sentiment: PAL completed its acquisition of Hansen & Adkins, expanding its auto-transportation operations. The transaction could provide additional scale, customers, and revenue synergies over time. Proficient Auto Logistics completes Hansen and Adkins acquisition
- Positive Sentiment: Stifel reportedly raised its PAL price target to $12, implying substantial upside from recent trading levels, although the target remains analyst-dependent and may not reflect the latest earnings weakness. Stifel raises Proficient Auto Logistics price target
- Neutral Sentiment: PAL completed a private capital offering of approximately $7 million alongside the Hansen & Adkins acquisition. The funding improves liquidity and supports expansion, but the financing may also create dilution or additional transaction-related costs. Proficient Auto Logistics raises capital and acquires transport firm
- Negative Sentiment: Second-quarter revenue fell 5.3% year over year to $109.4 million, while gross profit declined 6.8% to $40.5 million. The operating loss widened to $3.2 million, net loss reached $3.9 million, or $0.14 per share, and operating cash flow was only $365,000. The results point to weak profitability and limited near-term cash generation. Proficient Auto Logistics second-quarter 2026 earnings
About Proficient Auto Logistics
Proficient Auto Logistics, Inc focuses on providing auto transportation and logistics services in North America. It primarily focuses on transporting and delivering finished vehicles from automotive production facilities, ports of entry, and rail yards to a network of automotive dealerships. The company operates approximately 1,130 auto transport vehicles and trailers, including 615 company-owned transport vehicles and trailers. It serves auto companies, electric vehicle producers, auto dealers, auto auctions, rental car companies, and auto leasing companies.
Read More
- Five stocks we like better than Proficient Auto Logistics
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Receive News & Ratings for Proficient Auto Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Proficient Auto Logistics and related companies with MarketBeat.com's FREE daily email newsletter.
