The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

PACCAR manufactures and distributes light-, medium- and heavy-duty commercial trucks; distributes aftermarket parts; and provides vehicle financing to customers and dealers. The company's trucks are marketed under the Kenworth, Peterbilt, and DAF names. The company has 27,000 employees. In full-year 2024, the Truck division represented 74% of total revenue, while Aftermarket Parts represented 20% and Financial Services accounted for 6%.

Stocks are up at midday, with the Nasdaq rallying on strong tech earnings. Weekly jobless claims reported this morning showed a sharp increase. The number reported for the week was 241,000, which compares to readings closer to 200,000 for most of the year and the four-week moving average of 226,000. We're not worried yet about the economy, despite yesterday's report that GDP outright declined in 1Q, but these trends are beginning to head in a negative direction. Tomorrow's nonfarm payrolls report will indeed be a critical indicator.

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.