AYAL Capital Advisors Ltd Has $4.29 Million Stock Position in Proficient Auto Logistics, Inc. $PAL

AYAL Capital Advisors Ltd lifted its holdings in shares of Proficient Auto Logistics, Inc. (NASDAQ:PAL) by 30.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 590,700 shares of the company’s stock after acquiring an additional 137,241 shares during the period. Proficient Auto Logistics makes up 1.0% of AYAL Capital Advisors Ltd’s holdings, making the stock its 28th biggest holding. AYAL Capital Advisors Ltd owned 2.18% of Proficient Auto Logistics worth $4,288,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Owls Nest Partners IA LLC bought a new stake in Proficient Auto Logistics during the 2nd quarter worth approximately $271,000. Marshall Wace LLP lifted its holdings in shares of Proficient Auto Logistics by 220.7% in the second quarter. Marshall Wace LLP now owns 83,800 shares of the company’s stock valued at $608,000 after purchasing an additional 57,672 shares in the last quarter. Optimize Financial Inc purchased a new position in shares of Proficient Auto Logistics during the second quarter valued at approximately $2,225,000. PharVision Advisers LLC bought a new stake in Proficient Auto Logistics during the second quarter worth $162,000. Finally, Boston Partners raised its position in Proficient Auto Logistics by 47.9% in the 2nd quarter. Boston Partners now owns 2,141,012 shares of the company’s stock valued at $15,540,000 after buying an additional 693,225 shares during the last quarter.

Insider Buying and Selling at Proficient Auto Logistics

In other news, Director John Skiadas sold 41,100 shares of the stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $7.34, for a total transaction of $301,674.00. Following the completion of the transaction, the director directly owned 1,870,867 shares of the company’s stock, valued at $13,732,163.78. This represents a 2.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have sold 75,000 shares of company stock worth $548,429. 13.90% of the stock is owned by corporate insiders.

Proficient Auto Logistics Price Performance

PAL opened at $9.95 on Friday. Proficient Auto Logistics, Inc. has a fifty-two week low of $5.76 and a fifty-two week high of $11.37. The firm has a 50-day moving average of $7.46 and a 200 day moving average of $7.37. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market cap of $276.91 million, a P/E ratio of -497.50, a PEG ratio of 30.28 and a beta of 2.40.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PAL. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Proficient Auto Logistics in a report on Wednesday, October 8th. William Blair cut shares of Proficient Auto Logistics from an “outperform” rating to a “market perform” rating in a report on Friday, September 12th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $12.00 price objective on shares of Proficient Auto Logistics in a research report on Wednesday, November 12th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Proficient Auto Logistics currently has a consensus rating of “Hold” and a consensus price target of $12.50.

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.