Proficient Auto Logistics, Inc. (NASDAQ:PAL – Get Free Report) Director Rohit Lal purchased 40,000 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were purchased at an average cost of $5.43 per share, with a total value of $217,200.00. Following the completion of the purchase, the director owned 61,903 shares in the company, valued at $336,133.29. This represents a 182.62% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Rohit Lal also recently made the following trade(s):
- On Friday, August 14th, Rohit Lal purchased 10,000 shares of Proficient Auto Logistics stock. The shares were purchased at an average price of $5.53 per share, for a total transaction of $55,300.00.
Proficient Auto Logistics Stock Up 0.4%
PAL opened at $5.50 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $152.74 million, a PE ratio of -3.90 and a beta of 1.25. The stock’s fifty day moving average is $7.02 and its 200-day moving average is $7.01. Proficient Auto Logistics, Inc. has a one year low of $4.85 and a one year high of $10.97.
More Proficient Auto Logistics News
- 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
Analyst Upgrades and Downgrades
PAL has been the topic of several research reports. Wall Street Zen upgraded shares of Proficient Auto Logistics from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Research lowered shares of Proficient Auto Logistics from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Stifel Nicolaus lifted their price objective on shares of Proficient Auto Logistics from $9.00 to $12.00 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. Barrington Research set a $12.00 target price on shares of Proficient Auto Logistics in a report on Tuesday. Finally, Weiss Ratings lowered shares of Proficient Auto Logistics from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $12.00.
Check Out Our Latest Stock Analysis on PAL
Hedge Funds Weigh In On Proficient Auto Logistics
A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of Proficient Auto Logistics during the second quarter valued at $11,013,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in shares of Proficient Auto Logistics in the 2nd quarter valued at $7,322,000. Royce & Associates LP purchased a new position in Proficient Auto Logistics in the 4th quarter worth about $5,835,000. De Lisle Partners LLP purchased a new position in Proficient Auto Logistics in the 2nd quarter worth about $3,914,000. Finally, Empowered Funds LLC increased its stake in Proficient Auto Logistics by 1,237.9% in the 1st quarter. Empowered Funds LLC now owns 219,169 shares of the company’s stock worth $1,486,000 after purchasing an additional 202,788 shares in 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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