Saia, Inc. (NASDAQ:SAIA) insider Stephanie Maschmeier sold 5,925 shares of Saia stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of $53.20, for a total value of $315,210.00. Following the sale, the insider now directly owns 9,150 shares of the company’s stock, valued at $486,780. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Saia, Inc. (SAIA) traded up 1.61% during mid-day trading on Friday, hitting $53.80. The stock had a trading volume of 208,950 shares. Saia, Inc. has a 12-month low of $27.96 and a 12-month high of $58.00. The firm has a market cap of $1.36 billion, a PE ratio of 26.10 and a beta of 0.78. The company has a 50-day moving average of $52.18 and a 200-day moving average of $47.87.

Saia (NASDAQ:SAIA) last posted its quarterly earnings results on Friday, July 28th. The transportation company reported $0.68 EPS for the quarter, topping the Zacks’ consensus estimate of $0.62 by $0.06. The business had revenue of $358.20 million during the quarter, compared to the consensus estimate of $348.53 million. Saia had a return on equity of 10.84% and a net margin of 4.12%. The company’s revenue for the quarter was up 14.8% compared to the same quarter last year. During the same period last year, the firm earned $0.52 earnings per share. Analysts expect that Saia, Inc. will post $2.21 earnings per share for the current year.

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Institutional investors have recently modified their holdings of the company. GHP Investment Advisors Inc. boosted its position in shares of Saia by 0.5% in the first quarter. GHP Investment Advisors Inc. now owns 8,265 shares of the transportation company’s stock worth $366,000 after buying an additional 40 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of Saia by 2.9% in the first quarter. State of Alaska Department of Revenue now owns 2,810 shares of the transportation company’s stock worth $124,000 after buying an additional 80 shares in the last quarter. Texas Permanent School Fund boosted its position in shares of Saia by 0.9% in the first quarter. Texas Permanent School Fund now owns 18,419 shares of the transportation company’s stock worth $816,000 after buying an additional 157 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in shares of Saia by 3.0% in the first quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the transportation company’s stock worth $461,000 after buying an additional 300 shares in the last quarter. Finally, Arizona State Retirement System boosted its position in shares of Saia by 2.3% in the first quarter. Arizona State Retirement System now owns 13,223 shares of the transportation company’s stock worth $586,000 after buying an additional 300 shares in the last quarter. 98.43% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have issued reports on SAIA shares. Zacks Investment Research downgraded Saia from a “buy” rating to a “hold” rating in a report on Wednesday, May 24th. Cowen and Company lifted their price target on Saia from $49.00 to $50.00 and gave the stock a “market perform” rating in a report on Monday, May 1st. BidaskClub raised Saia from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $48.00 price target (up from $44.00) on shares of Saia in a report on Monday, July 31st. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $52.33.

Saia Company Profile

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.

Insider Buying and Selling by Quarter for Saia (NASDAQ:SAIA)

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