Proficient Auto Logistics (PAL) News Today

Marshall Wace LLP purchased a new stake in shares of Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 67,360 shares of the company's stock, valued at approximately $1,082,000. M

Millennium Management LLC bought a new position in Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 899,494 shares of the company's stock, valued at approximately $14,446,000. Millennium

Sei Investments Co. acquired a new stake in Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 192,028 shares of the company's stock, valued at approximately $3,084,000. Sei Investments Co. ow

Ghisallo Capital Management LLC purchased a new stake in Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 200,000 shares of the company's stock, valued

Blair William & Co. IL purchased a new position in shares of Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 41,117 shares of the company's stock,

AYAL Capital Advisors Ltd purchased a new stake in Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 325,000 shares of the company's stock, valued at approximately $

Hood River Capital Management LLC acquired a new position in shares of Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 348,705 shares of the company's stock, value

First Eagle Investment Management LLC purchased a new position in shares of Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 116,26

Barrington Research reissued an "outperform" rating and set a $22.00 price target on shares of Proficient Auto Logistics in a research report on Friday.

American Century Companies Inc. acquired a new stake in shares of Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,288

Proficient Auto Logistics, Inc. (NASDAQ:PAL - Get Free Report) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 155,700 shares, a drop of 27.2% from the August 15th total of 213,800 shares. Based on an average trading volume of 205,900 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.8% of the company's stock are short sold.

Emerald Advisers LLC acquired a new position in Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 72,984 shares of the company's stock, valued

Emerald Mutual Fund Advisers Trust purchased a new stake in shares of Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 752,016 shares of the compan

Proficient Auto Logistics (NASDAQ:PAL) Shares Gap Up After Insider Buying Activity

Proficient Auto Logistics, Inc. (NASDAQ:PAL - Get Free Report) Director James B. Gattoni purchased 20,000 shares of the stock in a transaction on Tuesday, August 20th. The stock was acquired at an average cost of $18.98 per share, with a total value of $379,600.00. Following the acquisition, the director now owns 20,000 shares of the company's stock, valued at approximately $379,600. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Proficient Auto Logistics (NASDAQ:PAL) Shares Gap Down to $20.49

Proficient Auto Logistics, Inc. (NASDAQ:PAL - Get Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 249,900 shares, a drop of 37.2% from the July 15th total of 397,700 shares. Based on an average trading volume of 260,700 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.2% of the shares of the stock are sold short.

Raymond James increased their target price on shares of Proficient Auto Logistics from $18.00 to $21.00 and gave the company an "outperform" rating in a research note on Monday.

Proficient Auto Logistics (NASDAQ:PAL) will be releasing earnings before the market opens on Friday, August 9, Zacks reports.

Barrington Research began coverage on shares of Proficient Auto Logistics in a report on Wednesday. They issued an "outperform" rating and a $22.00 price target on the stock.

Proficient Auto Logistics (NASDAQ:PAL) Shares Down 0.4%

Proficient Auto Logistics (NASDAQ:PAL - Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.30). The business had revenue of $95.60 million for the quarter, compared to the consensus estimate of $88.91 million. The company's quarterly revenue was down 6.5% on a year-over-year basis.

Proficient Auto Logistics' (NASDAQ:PAL - Get Free Report) quiet period will end on Tuesday, June 18th. Proficient Auto Logistics had issued 14,333,333 shares in its initial public offering on May 9th. The total size of the offering was $214,999,995 based on an initial share price of $15.00. During the company's quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) - William Blair issued their Q2 2024 earnings estimates for Proficient Auto Logistics in a report issued on Monday, June 3rd. William Blair analyst R. Merkel forecasts that the company will post earnings of $0.24 per share for the quarter