Munich Reinsurance Co Stock Corp in Munich Reduces Position in PACCAR Inc. $PCAR

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Munich Reinsurance Co Stock Corp in Munich has reduced its stake in PACCAR Inc. by 15.0% in the fourth quarter, selling 116,371 shares and now owning 661,042 shares valued at $73,349,000. Other institutional investors have made minor adjustments to their PACCAR holdings, while company insiders have sold a significant number of shares recently. Analysts currently have a “Hold” consensus rating on PACCAR, with an average price target of $117.42.

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