Stephanie Maschmeier Sells 4,090 Shares of Saia, Inc. (SAIA) Stock
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 transaction, the insider now owns 7,316 shares of the company’s stock, valued at $475,540. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Stephanie Maschmeier also recently made the following trade(s):
- On Wednesday, August 9th, Stephanie Maschmeier sold 5,925 shares of Saia stock. The shares were sold at an average price of $53.20, for a total transaction of $315,210.00.
Saia, Inc. (NASDAQ:SAIA) opened at $64.90 on Friday. The stock has a market cap of $1,654.30, a P/E ratio of 31.35 and a beta of 0.93. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.18 and a current ratio of 1.09.
Saia (NASDAQ:SAIA) last announced its quarterly earnings results on Friday, October 27th. The transportation company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.01). The company had revenue of $350.06 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the company posted $0.54 earnings per share. equities research analysts forecast that Saia, Inc. will post 2.16 EPS for the current fiscal year.
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Several brokerages have commented on SAIA. ValuEngine downgraded shares of Saia from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. BidaskClub downgraded shares of Saia from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Cowen and Company boosted their price objective on shares of Saia from $50.00 to $55.00 and gave the company a “market perform” rating in a research report on Monday, July 31st. Stifel Nicolaus restated a “hold” rating and set a $48.00 price objective (up from $44.00) on shares of Saia in a research report on Monday, July 31st. Finally, Zacks Investment Research downgraded shares of Saia from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Saia presently has a consensus rating of “Hold” and an average price target of $50.33.
Large investors have recently made changes to their positions in the company. First Trust Advisors LP acquired a new position in shares of Saia during the second quarter worth $1,924,000. Virginia Retirement Systems ET AL increased its holdings in shares of Saia by 242.7% during 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 in the last quarter. Turner Investments LLC acquired a new position in shares of Saia during the second quarter worth $359,000. American Century Companies Inc. increased its holdings in shares of Saia by 8.8% during 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 in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Saia by 9.6% during 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 in the last quarter. Institutional investors own 97.48% of the company’s stock.
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.
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