Proficient Auto Logistics (PAL) reported third-quarter 2026 total operating revenue of $149.0 million, up 30.3% from a year earlier. The company recorded a net loss of $9.9 million, or $0.35 per basic and diluted share, for the three months ended September 30.
Total unit deliveries rose 38.6% year over year to 839,036. Results included Hansen & Adkins operations from August 13, 2026, following the acquisition.
- Total operating revenue was $148.97 million, compared with $114.29 million in the prior-year quarter.
- Operating loss was $3.87 million, compared with an operating loss of $0.10 million a year earlier.
- Total unit deliveries reached 839,036, including 372,040 company deliveries and 466,996 subhauler deliveries.
- Cash totaled $11.8 million and senior secured debt totaled $140.6 million as of September 30, 2026.
- The company identified a $20 million to $30 million synergy opportunity from the Hansen & Adkins integration.
$PAL Insider Trading Activity
$PAL insiders have traded $PAL stock on the open market 10 times in the past 6 months. Of those trades, 7 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $PAL stock by insiders over the last 6 months:
- RICHARD D ODELL (Chief Executive Officer) has made 0 purchases and 2 sales selling 60,934 shares for an estimated $308,185.
- ROHIT LAL has made 2 purchases buying 50,000 shares for an estimated $272,500 and 0 sales.
- BRADLEY J. WRIGHT (Chief Financial Officer) has made 3 purchases buying 7,800 shares for an estimated $41,770 and 0 sales.
- AMY F. RICE (President and COO) has made 1 purchase buying 995 shares for an estimated $5,522 and 1 sale selling 5,808 shares for an estimated $32,582.
- STEVEN F LUX purchased 6,000 shares for an estimated $24,060
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PAL Hedge Fund Activity
We have seen 59 institutional investors add shares of $PAL stock to their portfolio, and 46 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 4,160,974 shares (-99.9%) from their portfolio in Q3 2026, for an estimated $14,521,799
- DIAMOND HILL CAPITAL MANAGEMENT, LLC (INVESTMENT ADVISOR) added 584,798 shares (+54.4%) to their portfolio in Q3 2026, for an estimated $2,040,945
- ANCHOR CAPITAL MANAGEMENT COMPANY, LLC added 464,292 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,161,828
- JPMORGAN CHASE & CO added 461,648 shares (+2810.1%) to their portfolio in Q3 2026, for an estimated $1,611,151
- UBS GROUP AG added 435,527 shares (+915.3%) to their portfolio in Q3 2026, for an estimated $1,519,989
- ROYCE & ASSOCIATES LP added 343,616 shares (+31.9%) to their portfolio in Q3 2026, for an estimated $1,199,219
- JEFFERIES FINANCIAL GROUP INC. added 322,492 shares (+inf%) to their portfolio in Q3 2026, for an estimated $1,125,497
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
