Navistar International Corporation (NYSE:NAV) major shareholder Truck & Bus Gmbh Volkswagen bought 24,900 shares of Navistar International Corporation stock in a transaction dated Wednesday, August 2nd. The shares were bought at an average cost of $29.95 per share, with a total value of $745,755.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Truck & Bus Gmbh Volkswagen also recently made the following trade(s):

  • On Tuesday, August 1st, Truck & Bus Gmbh Volkswagen bought 24,800 shares of Navistar International Corporation stock. The shares were bought at an average cost of $29.95 per share, with a total value of $742,760.00.
  • On Tuesday, July 25th, Truck & Bus Gmbh Volkswagen bought 24,750 shares of Navistar International Corporation stock. The shares were bought at an average cost of $29.72 per share, with a total value of $735,570.00.
  • On Monday, July 24th, Truck & Bus Gmbh Volkswagen bought 106,262 shares of Navistar International Corporation stock. The shares were bought at an average cost of $29.28 per share, with a total value of $3,111,351.36.
  • On Tuesday, July 18th, Truck & Bus Gmbh Volkswagen bought 52,625 shares of Navistar International Corporation stock. The shares were bought at an average cost of $29.13 per share, with a total value of $1,532,966.25.
  • On Monday, July 17th, Truck & Bus Gmbh Volkswagen bought 43,501 shares of Navistar International Corporation stock. The shares were bought at an average cost of $29.25 per share, with a total value of $1,272,404.25.
  • On Wednesday, July 19th, Truck & Bus Gmbh Volkswagen bought 158,026 shares of Navistar International Corporation stock. The shares were bought at an average cost of $29.18 per share, with a total value of $4,611,198.68.

Navistar International Corporation (NYSE NAV) traded up 1.90% on Friday, reaching $31.11. The company had a trading volume of 297,378 shares. The firm has a 50 day moving average price of $27.92 and a 200-day moving average price of $27.00. Navistar International Corporation has a 12 month low of $11.59 and a 12 month high of $33.46. The stock’s market capitalization is $3.05 billion.

Navistar International Corporation (NYSE:NAV) last posted its earnings results on Wednesday, June 7th. The company reported ($0.73) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.08) by $0.65. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.08 billion. The company’s quarterly revenue was down 4.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.05 EPS. Analysts forecast that Navistar International Corporation will post ($0.72) earnings per share for the current fiscal year.

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NAV has been the subject of several analyst reports. Seaport Global Securities reaffirmed a “neutral” rating on shares of Navistar International Corporation in a report on Thursday, April 6th. Jefferies Group LLC reaffirmed a “buy” rating and set a $35.00 target price on shares of Navistar International Corporation in a report on Thursday, April 6th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $28.00 target price on shares of Navistar International Corporation in a report on Tuesday, May 9th. Robert W. Baird raised Navistar International Corporation from a “neutral” rating to an “outperform” rating and upped their target price for the company from $32.00 to $33.00 in a report on Monday, June 5th. Finally, Barclays PLC reaffirmed a “sell” rating and set a $20.00 target price on shares of Navistar International Corporation in a report on Thursday, June 8th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $27.29.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Gamco Investors INC. ET AL bought a new stake in Navistar International Corporation during the second quarter worth approximately $175,453,000. Ardevora Asset Management LLP boosted its stake in Navistar International Corporation by 32.1% in the second quarter. Ardevora Asset Management LLP now owns 1,361,100 shares of the company’s stock worth $35,702,000 after buying an additional 330,700 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Navistar International Corporation by 93.5% in the first quarter. Dimensional Fund Advisors LP now owns 486,973 shares of the company’s stock worth $11,989,000 after buying an additional 235,310 shares in the last quarter. Vanguard Group Inc. boosted its stake in Navistar International Corporation by 5.1% in the first quarter. Vanguard Group Inc. now owns 4,122,984 shares of the company’s stock worth $101,508,000 after buying an additional 199,826 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in Navistar International Corporation during the first quarter worth approximately $3,742,000. Hedge funds and other institutional investors own 82.61% of the company’s stock.

Navistar International Corporation Company Profile

Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations).

Insider Buying and Selling by Quarter for Navistar International Corporation (NYSE:NAV)

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