Notable Insider Trading: Navistar International Corporation $NAV

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Navistar International Corporation (NYSE:NAV) insider have most recently took part in a trading activity. On Aug 21, 2017 Volkswagen Truck & Bus Gmbh, 10% Owner bought 25,367 shares having total worth of $758,473 at the price of $29.9 per share, following the transaction a total of 16,629,667 shares owned by Volkswagen Truck & Bus Gmbh. Before this latest buy, Volkswagen Truck & Bus Gmbh purchased NAV at 6 other times during the past twelve months, for a total investment of $106.51M at an average of $29.68 per share.

The stock has experienced a total of 6 insider trades in the past three months. These trades include 6 buy trades. Furthermore, over the past 12 months , the stock was traded 12 times by insiders. In 3 of these trades, the insider was a seller while an employee of the company was the buyer in 9 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 6 0 16.41%
12 Month 9 3 162.47%

Shares of Navistar International Corporation (NYSE:NAV) traded down 1.15% on Aug 21, 2017, hitting $30. 262,315 shares of the company’s stock traded hands. Navistar International Corporation has a 52 week low of $10.62 and a 52 week high of $32.2. The company’s market cap is $1,740 million.

Navistar International Corporation (NYSE:NAV) last announced its earnings results on Jun 7, 2017. The company reported -0.68 earnings per share (EPS) for the quarter, lower than the consensus estimate of -0.05 by $0.63. The company had revenue of $2,096 million for the quarter, compared to the consensus estimate of $2,050 million. During the same quarter in the previous year, the company posted 0.05 earnings per share. The company’s revenue for the quarter was down 5% on a year-over-year basis.

2017-06-07 2017-03-07 2016-12-20 2016-09-08 2016-06-07 2016-03-08 2015-12-17 2015-09-02 2015-06-04 2015-03-03
earnings per share -0.68 -0.66 -0.30 -0.13 0.05 -0.40 -0.62 -0.37 -0.67 -0.52
Revenue(M) 2096 1663 2063 2086 2197 1765 2488 2538 2693 2421

Navistar International Corp is incorporated under the laws of the State of Delaware in 1993. The Company is a manufacturer of commercial and military trucks buses, diesel engines, and recreational vehicles under the Monaco RV family of brands, as well as a provider of service parts for all makes of trucks and trailers. It is also a private-label designer and manufacturer of diesel engines for the pickup truck, van, and sport-utility vehicle markets. It also provides retail, wholesale, and lease financing of its trucks and parts. The Company operates in four industry segments: Truck, Engine, Parts and Financial Services, which consists of NFC and its foreign finance operations. The Truck segment manufactures and distributes a full line of Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, military vehicle, and student and commercial transportation markets under the International and IC brands. The Engine segment designs and manufactures diesel engines across the 50 through 500 horsepower range under the MaxxForce brand name for use in its International branded Class 6 and 7 medium trucks, Class 8 heavy trucks, and military vehicles, its IC branded school buses, as well as other applications. The Parts segment supports its brands of International commercial and military trucks, IC buses, MaxxForce engines, as well as its other product lines, by providing customers with proprietary products together with a wide selection of other standard truck, trailer, and engine service parts. The Financial Services segment provides and manages retail, wholesale, and lease financing of products sold by the Truck and Parts segments and their dealers within the U.S. and Mexico. As a U.S. government contractor, the Company is subject to specific regulations and requirements as mandated by its contracts. It purchases raw materials, parts, and manufactured components from numerous third-party suppliers.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.