Saia, Inc. (NASDAQ:SAIA) insider Stephanie Maschmeier sold 4,090 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $65.00, for a total transaction of $265,850.00. Following the completion of the sale, the insider now directly owns 7,316 shares in the company, valued at $475,540. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Stephanie Maschmeier also recently made the following trade(s):
- On Wednesday, August 9th, Stephanie Maschmeier sold 5,925 shares of Saia stock. The stock was sold at an average price of $53.20, for a total transaction of $315,210.00.
Shares of Saia, Inc. (NASDAQ SAIA) opened at $62.55 on Wednesday. The firm has a market cap of $1,558.74, a price-to-earnings ratio of 29.54 and a beta of 0.93. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.09 and a current ratio of 1.09. Saia, Inc. has a 52 week low of $40.65 and a 52 week high of $67.35.
Saia (NASDAQ:SAIA) last announced its quarterly earnings data on Friday, October 27th. The transportation company reported $0.55 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.01). The firm had revenue of $350.06 million for the quarter, compared to analysts’ expectations of $344.46 million. Saia had a return on equity of 10.61% and a net margin of 4.05%. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS. analysts forecast that Saia, Inc. will post 2.16 earnings per share for the current year.
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Several equities research analysts recently weighed in on SAIA shares. ValuEngine raised shares of Saia from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Morgan Stanley boosted their price target on shares of Saia from $32.00 to $34.00 and gave the stock an “equal weight” rating in a report on Thursday, October 5th. Stifel Nicolaus reiterated a “hold” rating and set a $53.00 price target on shares of Saia in a report on Thursday, September 21st. Zacks Investment Research cut shares of Saia from a “buy” rating to a “hold” rating in a report on Wednesday, September 20th. Finally, Cowen and Company restated a “hold” rating and issued a $55.00 target price on shares of Saia in a report on Friday, September 8th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $50.33.
Institutional investors and hedge funds have recently made changes to their positions in the company. First Trust Advisors LP purchased a new position in shares of Saia in the 2nd quarter valued at about $1,924,000. Virginia Retirement Systems ET AL increased its stake in shares of Saia by 242.7% in the second quarter. Virginia Retirement Systems ET AL now owns 25,700 shares of the transportation company’s stock worth $1,318,000 after buying an additional 18,200 shares during the last quarter. Turner Investments LLC bought a new stake in shares of Saia in the second quarter worth $359,000. American Century Companies Inc. increased its stake in shares of Saia by 8.8% in the second quarter. American Century Companies Inc. now owns 126,140 shares of the transportation company’s stock worth $6,471,000 after buying an additional 10,180 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Saia by 9.6% in the second quarter. Goldman Sachs Group Inc. now owns 893,674 shares of the transportation company’s stock worth $45,845,000 after buying an additional 78,252 shares during the last quarter. Institutional investors and hedge funds own 96.98% of the company’s stock.
Saia, Inc is a transportation company. The Company provides regional and interregional less-than-truckload (LTL) services. The Company also offers a range of other value-added services, including non-asset truckload, expedited and logistics services across the United States. The Company’s subsidiary Saia Motor Freight Line, LLC (Saia LTL Freight) is a LTL carrier.
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