Insider Buying: Daseke Inc (NASDAQ:DSKE) Director Purchases 22,000 Shares of Stock
Daseke Inc (NASDAQ:DSKE) Director Ena Williams acquired 22,000 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was purchased at an average cost of $3.36 per share, for a total transaction of $73,920.00.
Shares of NASDAQ DSKE opened at $2.98 on Thursday. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.41 and a quick ratio of 1.41. The stock’s fifty day moving average price is $2.36 and its two-hundred day moving average price is $3.99. Daseke Inc has a one year low of $1.46 and a one year high of $8.98. The firm has a market cap of $214.42 million, a price-to-earnings ratio of 4.66 and a beta of 1.38.
Daseke (NASDAQ:DSKE) last issued its quarterly earnings data on Monday, August 5th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.05). The firm had revenue of $450.60 million during the quarter, compared to analyst estimates of $459.30 million. Daseke had a negative net margin of 1.87% and a positive return on equity of 0.39%. The business’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.20 earnings per share. On average, equities analysts anticipate that Daseke Inc will post -0.6 earnings per share for the current fiscal year.
Large investors have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA lifted its position in shares of Daseke by 447.9% during the 1st quarter. BNP Paribas Arbitrage SA now owns 8,537 shares of the company’s stock valued at $43,000 after acquiring an additional 6,979 shares during the period. Public Employees Retirement System of Ohio lifted its position in shares of Daseke by 101.8% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 11,579 shares of the company’s stock valued at $42,000 after acquiring an additional 5,842 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Daseke by 278.5% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,489 shares of the company’s stock valued at $74,000 after acquiring an additional 10,661 shares during the period. SG Americas Securities LLC bought a new stake in shares of Daseke during the 1st quarter valued at $75,000. Finally, Jane Street Group LLC bought a new stake in shares of Daseke during the 2nd quarter valued at $57,000. Hedge funds and other institutional investors own 31.58% of the company’s stock.
Daseke, Inc provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through two segments, Flatbed Solutions and Specialized Solutions. The company transports aircraft parts, manufacturing equipment, structural steel, pressure vessels, wind turbine blades, heavy machinery, commercial glass, high security cargo, arms, ammunition and explosives, lumber, and building and construction materials.
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