AYAL Capital Advisors Ltd Has $2.59 Million Stock Holdings in Proficient Auto Logistics, Inc. (NASDAQ:PAL)

AYAL Capital Advisors Ltd increased its position in Proficient Auto Logistics, Inc. (NASDAQ:PAL - Free Report) by 71.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 321,100 shares of the company's stock after buying an additional 134,000 shares during the period. AYAL Capital Advisors Ltd owned 1.19% of Proficient Auto Logistics worth $2,591,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in PAL. Quantbot Technologies LP bought a new position in shares of Proficient Auto Logistics in the fourth quarter valued at approximately $49,000. Wells Fargo & Company MN lifted its position in Proficient Auto Logistics by 37.9% during the 4th quarter. Wells Fargo & Company MN now owns 8,640 shares of the company's stock worth $70,000 after acquiring an additional 2,373 shares during the last quarter. Victory Capital Management Inc. bought a new stake in Proficient Auto Logistics during the fourth quarter valued at about $90,000. Nicholas Hoffman & Company LLC. grew its position in shares of Proficient Auto Logistics by 20.0% in the fourth quarter. Nicholas Hoffman & Company LLC. now owns 15,000 shares of the company's stock valued at $121,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in shares of Proficient Auto Logistics by 7.9% in the fourth quarter. Rhumbline Advisers now owns 16,971 shares of the company's stock worth $137,000 after purchasing an additional 1,238 shares during the period.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Stifel Nicolaus lowered their target price on Proficient Auto Logistics from $17.00 to $14.00 and set a "buy" rating on the stock in a report on Thursday. Barrington Research reissued an "outperform" rating and issued a $15.00 price target on shares of Proficient Auto Logistics in a report on Wednesday, February 12th.

Proficient Auto Logistics Price Performance

Shares of PAL traded down $0.26 during mid-day trading on Thursday, reaching $7.86. The company had a trading volume of 131,478 shares, compared to its average volume of 286,659. The company's 50-day moving average is $8.80 and its 200-day moving average is $9.22. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.16. Proficient Auto Logistics, Inc. has a twelve month low of $6.81 and a twelve month high of $21.01.

Proficient Auto Logistics (NASDAQ:PAL - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05). The firm had revenue of $95.21 million for the quarter, compared to analyst estimates of $94.65 million. On average, research analysts anticipate that Proficient Auto Logistics, Inc. will post 0.34 EPS for the current fiscal year.

Proficient Auto Logistics 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.