Navistar International Corp (NAV) Files Form 4 Insider Selling : Michael N Hammes Sells 4,000 Shares

Navistar International Corp (NAV): Michael N Hammes , director of Navistar International Corp sold 4,000 shares on Sep 12, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $18.71 per share for a total value of $74,844.40 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Oct 5, 2015, William R Kozek (other) purchased 625 shares at $11.98 per share price.

Navistar International Corp: On Monday, Sep 12, 2016 heightened volatility was witnessed in Navistar International Corp which led to swings in the share price. The shares opened for trading at $18.45 and hit $19.16 on the upside , eventually ending the session at $19.05, with a gain of 3.03% or 0.56 points. The heightened volatility saw the trading volume jump to 1,756,645 shares. The 52-week high of the share price is $23.45 and the company has a market cap of $1,555 M . The 52-week low of the share price is at $5.775.

Navistar International Corp Money Flow Index Chart

Company has been under the radar of several Street Analysts.Navistar International Corp is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 18 from a previous price target of $13 .The Rating was issued on Sep 12, 2016.Navistar International Corp is Upgraded by Goldman to Neutral. Earlier the firm had a rating of Sell on the company shares. The Rating was issued on Sep 9, 2016.Navistar International Corp is Initiated by Deutsche Bank to Hold and the brokerage firm has set the Price Target at $14. The Rating was issued on Sep 7, 2016.Navistar International Corp is Downgraded by Macquarie to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Sep 6, 2016.Navistar International Corp is Downgraded by Piper Jaffray to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Jun 28, 2016.

Navistar International Corporation (NIC) is a holding company whose principal operating subsidiaries are Navistar Inc. and Navistar Financial Corporation (NFC). The Company is a manufacturer of International brand commercial and military trucks MaxxForce brand diesel engines IC Bus (IC) brand school and commercial buses as well as a provider of service parts for trucks and diesel engines. It also provides retail wholesale and lease financing of trucks and parts. The Company operates in four reporting segments which comprises: North America Truck North America Parts Global Operations (collectively referred to as Manufacturing operations) and Financial Services. Its principal products and services include Trucks Parts Engines and Financial Services.

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