Navistar International Corp (NYSE:NAV) shares saw unusually-strong trading volume on Tuesday . Approximately 5,024,100 shares were traded during mid-day trading, an increase of 704% from the previous session’s volume of 624,906 shares.The stock last traded at $45.30 and had previously closed at $42.19.

A number of equities research analysts have commented on NAV shares. Wells Fargo & Company raised their target price on Navistar International from $41.00 to $45.00 and gave the company a “market perform” rating in a report on Friday, October 6th. Stifel Nicolaus reissued a “hold” rating and issued a $45.00 target price on shares of Navistar International in a report on Friday, November 3rd. UBS reissued a “neutral” rating and issued a $39.00 target price (up previously from $31.00) on shares of Navistar International in a report on Monday, September 18th. Piper Jaffray Companies set a $37.00 target price on Navistar International and gave the company a “hold” rating in a report on Sunday, December 10th. Finally, Robert W. Baird restated a “buy” rating on shares of Navistar International in a research report on Tuesday, September 5th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $39.77.

The company has a current ratio of 1.23, a quick ratio of 0.94 and a debt-to-equity ratio of -0.86.

In related news, Director Stephen R. D’arcy sold 1,000 shares of Navistar International stock in a transaction dated Friday, October 6th. The stock was sold at an average price of $44.34, for a total transaction of $44,340.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 21.80% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Invictus RG purchased a new stake in Navistar International during the 3rd quarter worth about $150,000. Cetera Advisors LLC purchased a new stake in Navistar International during the 3rd quarter worth about $301,000. Financial Engines Advisors L.L.C. increased its position in Navistar International by 57.0% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 3,632 shares of the company’s stock worth $160,000 after purchasing an additional 1,319 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in Navistar International by 10.9% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,367 shares of the company’s stock worth $115,000 after purchasing an additional 430 shares in the last quarter. Finally, Ballentine Partners LLC purchased a new stake in Navistar International during the 3rd quarter worth about $220,000. Hedge funds and other institutional investors own 83.24% of the company’s stock.

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About Navistar International

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).

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