Shares of YRC Worldwide, Inc. (NASDAQ:YRCW) were down 0.7% on Wednesday after an insider sold shares in the company. The stock traded as low as $10.74 and last traded at $12.35. Approximately 344,300 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 717,256 shares. The stock had previously closed at $12.27.

Specifically, Director William Robert Davidson sold 3,921 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $13.40, for a total transaction of $52,541.40. Following the completion of the sale, the director now directly owns 30,195 shares of the company’s stock, valued at approximately $404,613. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James L. Welch sold 100,000 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $12.24, for a total transaction of $1,224,000.00. The disclosure for this sale can be found here. 3.70% of the stock is owned by insiders.

A number of analysts recently weighed in on YRCW shares. BidaskClub cut shares of YRC Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Zacks Investment Research cut shares of YRC Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. ValuEngine cut shares of YRC Worldwide from a “hold” rating to a “sell” rating in a research report on Thursday, October 26th. Aegis reaffirmed a “buy” rating and set a $20.00 price target on shares of YRC Worldwide in a research report on Saturday, September 16th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $18.00 price target (down from $19.00) on shares of YRC Worldwide in a research report on Thursday, October 19th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $16.00.

The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of -2.26.

A number of institutional investors have recently made changes to their positions in the stock. First Quadrant L P CA acquired a new position in YRC Worldwide in the 3rd quarter worth $132,000. Los Angeles Capital Management & Equity Research Inc. acquired a new position in YRC Worldwide in the 3rd quarter worth $150,000. Jane Street Group LLC acquired a new position in YRC Worldwide in the 3rd quarter worth $159,000. Boothbay Fund Management LLC acquired a new position in YRC Worldwide in the 3rd quarter worth $160,000. Finally, Marshall Wace North America L.P. acquired a new position in YRC Worldwide in the 2nd quarter worth $168,000. 85.86% of the stock is owned by hedge funds and other institutional investors.

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YRC Worldwide Company Profile

YRC Worldwide Inc is a holding company. The Company, through its subsidiaries, offers its customers a range of transportation services. The Company operates through two segments: YRC Freight and Regional Transportation. The Company has less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities.

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