Icahn Capital LP is Buying Navistar International Corp (NYSE:NAV) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Navistar International Corp (NYSE:NAV) reported that Icahn Capital LP has picked up 3,345,991 of common stock as of 2017-03-17.

The acquisition brings the aggregate amount owned by Icahn Capital LP to a total of 3,345,991 representing a 3.41% stake in the company.

For those not familiar with the company, Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations). The Truck segment manufactures and distributes Class 4 through 8 trucks, buses and military vehicles under the International and IC Bus brands, along with production of engines. The Parts segment supports its brands of International commercial trucks, IC buses and engines. The Global Operations segment includes operations of its subsidiary, International Industria de Motores da America do Sul Ltda. (IIAA). The Financial Services segment provides and manages retail, wholesale and lease financing of products sold by the Truck and Parts segments and their dealers.

A glance at Navistar International Corp (NYSE:NAV)’s key stats reveals a current market capitalization of 2.71 Billion based on 97.95 Million shares outstanding and a price at last close of $27.53 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-14, Icahn picked up 34,032 at a purchase price of $25.77. This brings their total holding to 16,729,960 as of the date of the filing.

On the sell side, the most recent transaction saw Hammes unload 5,000 shares at a sale price of $29.04. This brings their total holding to 5,261.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Navistar International Corp (NYSE:NAV) as things move forward to see if its progress aligns with these transactions.

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Here’s Who Just Picked Up Navistar International Corp (NYSE:NAV) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Navistar International Corp (NYSE:NAV) reported that Icahn Capital LP has picked up 3,339,185 of common stock as of 2017-03-13.

The acquisition brings the aggregate amount owned by Icahn Capital LP to a total of 3,339,185 representing a 3.40% stake in the company.

For those not familiar with the company, Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations). The Truck segment manufactures and distributes Class 4 through 8 trucks, buses and military vehicles under the International and IC Bus brands, along with production of engines. The Parts segment supports its brands of International commercial trucks, IC buses and engines. The Global Operations segment includes operations of its subsidiary, International Industria de Motores da America do Sul Ltda. (IIAA). The Financial Services segment provides and manages retail, wholesale and lease financing of products sold by the Truck and Parts segments and their dealers.

A glance at Navistar International Corp (NYSE:NAV)’s key stats reveals a current market capitalization of 2.64 Billion based on 97.95 Million shares outstanding and a price at last close of $26.64 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-10, Icahn picked up 132,933 at a purchase price of $25.92. This brings their total holding to 16,695,928 as of the date of the filing.

On the sell side, the most recent transaction saw Hammes unload 5,000 shares at a sale price of $29.04. This brings their total holding to 5,261.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Navistar International Corp (NYSE:NAV) as things move forward to see if its progress aligns with these transactions.

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Guess Who Picked Up Navistar International Corp (NYSE:NAV) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Navistar International Corp (NYSE:NAV) reported that Icahn Capital LP has picked up 3,254,504 of common stock as of 2017-03-01.

The acquisition brings the aggregate amount owned by Integrated Icahn Capital LP to a total of 3,254,504 representing a 3.32% stake in the company.

For those not familiar with the company, Navistar International Corporation is a holding company whose principal operating entities are Navistar, Inc. and Navistar Financial Corporation (NFC). The Company’s segments include Truck, Parts, Global Operations (collectively, Manufacturing operations) and Financial Services, which consists of NFC and its foreign finance operations (collectively, Financial Services operations). The Truck segment manufactures and distributes Class 4 through 8 trucks, buses and military vehicles under the International and IC Bus brands, along with production of engines. The Parts segment supports its brands of International commercial trucks, IC buses and engines. The Global Operations segment includes operations of its subsidiary, International Industria de Motores da America do Sul Ltda. (IIAA). The Financial Services segment provides and manages retail, wholesale and lease financing of products sold by the Truck and Parts segments and their dealers.

A glance at Navistar International Corp (NYSE:NAV)’s key stats reveals a current market capitalization of 2.27 billion based on 81.71 million shares outstanding and a price at last close of $28.61 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2016-12-21, D’arcy picked up 1,000 at a purchase price of $31.78. This brings their total holding to 1,000 as of the date of the filing.

On the sell side, the most recent transaction saw Hammes unload 5,000 shares at a sale price of $29.04. This brings their total holding to 5,261.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Navistar International Corp (NYSE:NAV) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

Vanguard Group Inc. Picked Up Cognizant Technology Solutions Corp. (NASDAQ:CTSH) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Cognizant Technology Solutions Corp. (NASDAQ:CTSH) reported that Vanguard Group Inc. has picked up 39,165,838 of common stock as of 2017-02-10.

The acquisition brings the aggregate amount owned by Vanguard Group Inc. to a total of 39,165,838 representing a 6.45% stake in the company.

For those not familiar with the company, Cognizant Technology Solutions Corporation is a provider of information technology (IT), consulting and business process services. The Company operates through four segments: Financial Services, which includes customers providing banking/transaction processing, capital markets and insurance services; Healthcare, which includes healthcare providers and payers, as well as life sciences customers, including pharmaceutical, biotech and medical device companies; Manufacturing, Retail and Logistics, which includes manufacturers, retailers, travel and other hospitality customers, as well as customers providing logistics services, and Other, which includes communications, manufacturing/retail/logistics, and high technology. The Company’s competencies include business, process, operations and IT consulting, application development and systems integration, enterprise information management, application testing, application maintenance and IT infrastructure services.

A glance at Cognizant Technology Solutions Corp. (NASDAQ:CTSH)’s key stats reveals a current market capitalization of 35.96 billion based on 606.60 million shares outstanding and a price at last close of $57.68 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2014-12-16, Patsalos-Fox picked up 10,000 at a purchase price of $51.70. This brings their total holding to 11,028 as of the date of the filing.

On the sell side, the most recent transaction saw Kandiah unload 20,000 shares at a sale price of $55.53. This brings their total holding to 12,072.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Cognizant Technology Solutions Corp. (NASDAQ:CTSH) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

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