What Can History Teach Us About E*TRADE Financial Corporation (ETFC) and PACCAR Inc (PCAR)?

On Sep 13, Curcio Michael John, EVP, Institutional sold 53,584 shares of E*TRADE Financial Corporation (NASDAQ: ETFC), with the average selling price of the stock being $45.18 per share. The total amount realized from this sold $2,421,113. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, Director – LAWSON RODGER A sold an extra 5,109 shares of this stock in a transaction that took place a day before, on Sep 13, with a share sold at an average of $45.18 and a total of $230,848 was realized from this transaction. After the transaction, the Director – LAWSON RODGER A was left with 108,630 shares of the company’s stock, which is currently worth around $4907903.4.

The recent price movement of ETFC means that it is now down by -11.25% from its 52-week high and 33.97% up against its 52-week low prices. Over the past one week, the price volatility of ETFC stands at 1.73% while the volatility over the past one month is 1.50%. The beta score for this stock is 1.21. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 10/17/2019 published its latest quarterly earnings, with the report showing that the company recorded 1.06 earnings per share (EPS) during that period. This report was above the expectations of analysts of 1.03 by 0.03. The revenue by the firm was 665.37M for the quarter.

The shares of E*TRADE Financial Corporation (ETFC) gained by 0.19%, leading to a gain of $0.09 per share, and saw ETFC end the trading session at $46.46 on Thursday 01/09/20. ETFC started the trading session at $46.67, before reaching a daily high of $46.94. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $46.32.

The trading volume on Thursday stood at 1945755, which was below the stock’s 3-month average volume of 3.75 million shares, out of a total 223.92M shares. As the price of the stock climbed, the market valuation of the company gained to 10.66 billion.

The shares of PACCAR Inc (NASDAQ: PCAR) went down by -0.65% by the end of the recent trading session. This movement saw its price plunge to close at $78.45, which was lower than the previous closing price of $78.96. Over the past one week, the price of PCAR has slipped by -1.33%, while it has recorded a loss of -0.46% over the past one month. Its three-month performance saw PCAR gain 20.64% while its six-month performance saw it surge by 14.01%. The situation is different though over the past one year, as the stock price went up by 37.64%, while its year-to-date (YTD) price performance slipped by -0.82%. The stock price has gone up by +17.11% compared to its 90-day low, while it is down -5.95% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Sell. In the short-term, the stock has a 20-day average volume of 1,599,580 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,482,646 shares and the indicators have an average rating of 50% Buy. The last indicators, the long-term see PCAR stock with a 100-Day average volume of 1,659,987 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves PCAR with an average rating of 56% Buy.

Several brokerage firms sent out their reports PCAR stock not long ago. In its report sent out on January 09, 2020, Cowen lowered its ratings on PCAR to a Underperform. In an earlier report on November 21, 2019, Raymond James Initiated the stock to a Strong Buy. BofA/Merrill meanwhile in its report on November 14, 2019 Upgrade its rating of the stock from a “Buy” to “Buy”.

In related news to the company’s stock, around 67.40% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 654 institutions currently hold the PCAR stock. In the last quarter, a 221,674,368 PCAR shares were in the possession of institutions. On the other hand, the company recorded 41 new institutions who bought it their stock, while 70 institutions sold their entire PCAR reserve. Of the current institutions investing in the stock, 265 increased their investment while 285 decreased their investment in the stock.