Wabash National Corp. (NYSE:WNC) shares saw an uptick in trading volume on Monday . 1,196,742 shares were traded during mid-day trading, an increase of 19% from the previous session’s volume of 1,006,511 shares.The stock last traded at $12.88 and had previously closed at $13.18.

Several brokerages have issued reports on WNC. Zacks Investment Research cut shares of Wabash National Corp. from a “buy” rating to a “hold” rating in a research report on Thursday, April 7th. Stifel Nicolaus cut shares of Wabash National Corp. from a “hold” rating to a “sell” rating and set a $11.00 price objective for the company. in a research report on Monday, June 13th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $13.40.

The company has a market capitalization of $832.43 million and a price-to-earnings ratio of 7.21. The company has a 50 day moving average price of $13.20 and a 200-day moving average price of $12.68.

Wabash National Corp. (NYSE:WNC) last released its earnings results on Tuesday, April 26th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.18. The firm earned $447.67 million during the quarter, compared to analysts’ expectations of $428.95 million. The company’s revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.19 earnings per share. On average, equities analysts predict that Wabash National Corp. will post $1.72 EPS for the current fiscal year.

In related news, SVP Brent L. Yeagy sold 22,987 shares of the stock in a transaction that occurred on Tuesday, May 24th. The shares were sold at an average price of $13.95, for a total value of $320,668.65. Following the completion of the sale, the senior vice president now directly owns 61,794 shares of the company’s stock, valued at approximately $862,026.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

A number of large investors recently made changes to their positions in the stock. PNC Financial Services Group Inc. raised its stake in shares of Wabash National Corp. by 3,781.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 143,233 shares of the company’s stock worth $1,695,000 after buying an additional 139,543 shares during the period. California State Teachers Retirement System raised its stake in shares of Wabash National Corp. by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 125,887 shares of the company’s stock worth $1,489,000 after buying an additional 2,245 shares during the period. Victory Capital Management Inc. raised its stake in shares of Wabash National Corp. by 8.3% in the fourth quarter. Victory Capital Management Inc. now owns 2,065,228 shares of the company’s stock worth $24,431,000 after buying an additional 158,632 shares during the period. Hodges Capital Management Inc. raised its stake in shares of Wabash National Corp. by 15.6% in the fourth quarter. Hodges Capital Management Inc. now owns 185,000 shares of the company’s stock worth $2,189,000 after buying an additional 25,000 shares during the period. Finally, California Public Employees Retirement System raised its stake in shares of Wabash National Corp. by 2.4% in the fourth quarter. California Public Employees Retirement System now owns 259,900 shares of the company’s stock worth $3,075,000 after buying an additional 6,200 shares during the period.

Wabash National Corporation (Wabash) is engaged in designing, manufacturing and marketing standard and customized truck and tank trailers and related transportation equipment. The Company operates in three segments: Commercial Trailer Products, Diversified Products and Retail. The Commercial Trailer Products segment manufactures standard and customized truck trailers.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.