Saia, Inc. (NASDAQ:SAIA) insider Stephanie Maschmeier sold 4,090 shares of the company’s stock in a transaction dated 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 directly owns 7,316 shares of the company’s stock, valued at approximately $475,540. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
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. (SAIA) traded up $0.50 on Friday, reaching $64.90. 107,100 shares of the company were exchanged, compared to its average volume of 174,360. The stock has a market cap of $1,665.80, a price-to-earnings ratio of 31.57 and a beta of 0.93. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 0.21.
Saia (NASDAQ:SAIA) last posted its earnings results on Friday, October 27th. The transportation company reported $0.55 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.01). The business 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 revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period last year, the company posted $0.54 EPS. equities analysts predict that Saia, Inc. will post 2.16 earnings per share for the current fiscal year.
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A number of research analysts have recently commented on SAIA shares. Cowen and Company upped their price objective on shares of Saia from $50.00 to $55.00 and gave the company a “market perform” rating in a research note on Monday, July 31st. Stifel Nicolaus reaffirmed a “hold” rating and set a $48.00 price objective (up previously from $44.00) on shares of Saia in a research note on Monday, July 31st. BidaskClub downgraded shares of Saia from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. ValuEngine raised shares of Saia from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research downgraded shares of Saia from a “buy” rating to a “hold” rating in a research note on Wednesday, September 20th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Saia has a consensus rating of “Hold” and a consensus price target of $50.33.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Meeder Asset Management Inc. increased its position in Saia by 4,376.2% during the 3rd quarter. Meeder Asset Management Inc. now owns 1,880 shares of the transportation company’s stock worth $117,000 after purchasing an additional 1,838 shares in the last quarter. Flinton Capital Management LLC boosted its holdings in Saia by 69.8% in the 2nd quarter. Flinton Capital Management LLC now owns 2,482 shares of the transportation company’s stock worth $127,000 after acquiring an additional 1,020 shares during the period. Riverhead Capital Management LLC boosted its holdings in Saia by 68.7% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,531 shares of the transportation company’s stock worth $130,000 after acquiring an additional 1,031 shares during the period. 1st Global Advisors Inc. purchased a new position in Saia in the 2nd quarter worth approximately $200,000. Finally, Oppenheimer & Co. Inc. purchased a new position in Saia in the 2nd quarter worth approximately $205,000. 97.48% of the stock is owned by hedge funds and other institutional investors.
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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