Wabash National (WNC)

• Market cap: $451M
• 1 day: -3.58%
• 5 days: -5.03%
• 1 month: 4.06%
• 3 months: 9.67%
• 6 months: -35.89%
• Year to date: -36.65%
• 1 year: -50.53%
• 5 years: 3.96%
• 10 years: -13.70%
• Sector: Industrials
• Industry: Farm & Heavy Construction Machinery

About: Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics, and distribution industries. The Company manages its business in two operating and reportable segments: Transportation Solutions and Parts & Services. It designs and manufactures products including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.

Employees: 6,000

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

63% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 40

14% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 63

11% more funds holding

Funds holding: 203 [Q4 2024] → 225 (+22) [Q1 2025]

3.51% less ownership

Funds ownership: 101.92% [Q4 2024] → 98.4% (-3.51%) [Q1 2025]

38% less call options, than puts

Call options by funds: $140K | Put options by funds: $227K

39% less capital invested

Capital invested by funds: $757M [Q4 2024] → $462M (-$295M) [Q1 2025]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 0 (-1) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $9.50 12% downside
• Avg. target: $9.50 12% downside
• High target: $9.50 12% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

DA Davidson Michael Shlisky

12% downside $9.50

Neutral Maintained

23 Jun 2025