Proficient Auto Logistics, Inc. (NASDAQ:PAL – Get Free Report) CFO Bradley Wright acquired 4,000 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was bought at an average cost of $5.55 per share, with a total value of $22,200.00. Following the acquisition, the chief financial officer owned 70,200 shares in the company, valued at $389,610. The trade was a 6.04% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Proficient Auto Logistics Price Performance
Shares of PAL opened at $5.50 on Friday. The company has a market cap of $152.74 million, a price-to-earnings ratio of -3.90 and a beta of 1.25. Proficient Auto Logistics, Inc. has a 1-year low of $4.85 and a 1-year high of $10.97. The company’s fifty day simple moving average is $7.02 and its 200 day simple moving average is $7.01. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.16.
Analysts Set New Price Targets
A number of brokerages have recently commented on PAL. Stifel Nicolaus lifted their price objective on shares of Proficient Auto Logistics from $9.00 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Wall Street Zen raised shares of Proficient Auto Logistics from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Research downgraded shares of Proficient Auto Logistics from a “hold” rating to a “strong sell” rating in a research note on Monday, August 10th. Barrington Research set a $12.00 price target on Proficient Auto Logistics in a report on Tuesday. Finally, Weiss Ratings downgraded Proficient Auto Logistics from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Proficient Auto Logistics presently has a consensus rating of “Hold” and an average price target of $12.00.
Key Proficient Auto Logistics News
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
Hedge Funds Weigh In On Proficient Auto Logistics
Institutional investors and hedge funds have recently modified their holdings of the stock. Boston Partners raised its position in shares of Proficient Auto Logistics by 6.9% in the third quarter. Boston Partners now owns 2,288,113 shares of the company’s stock valued at $15,763,000 after purchasing an additional 147,101 shares during the period. BlackRock Inc. bought a new stake in shares of Proficient Auto Logistics during the 2nd quarter worth about $11,013,000. Vanguard Group Inc. boosted its holdings in shares of Proficient Auto Logistics by 7.9% during the 3rd quarter. Vanguard Group Inc. now owns 1,135,623 shares of the company’s stock worth $7,824,000 after buying an additional 83,148 shares during the period. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in Proficient Auto Logistics in the 2nd quarter valued at about $7,322,000. Finally, Diamond Hill Capital Management Inc. grew its stake in Proficient Auto Logistics by 7.5% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 906,345 shares of the company’s stock valued at $8,737,000 after buying an additional 62,846 shares during the last quarter.
Proficient Auto Logistics Company Profile
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.
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