CAI International, Inc. (NYSE:CAI) Director Gary Sawka sold 3,000 shares of the stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $36.50, for a total value of $109,500.00. Following the sale, the director now directly owns 541 shares in the company, valued at approximately $19,746.50. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Gary Sawka also recently made the following trade(s):
- On Tuesday, October 31st, Gary Sawka sold 3,365 shares of CAI International stock. The stock was sold at an average price of $37.00, for a total value of $124,505.00.
Shares of CAI International, Inc. (CAI) opened at $35.93 on Friday. CAI International, Inc. has a 1-year low of $7.05 and a 1-year high of $40.11. The firm has a market capitalization of $692.30, a PE ratio of 20.77, a price-to-earnings-growth ratio of 1.70 and a beta of 2.32. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 2.91.
CAI International (NYSE:CAI) last released its quarterly earnings results on Thursday, October 19th. The transportation company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.20. CAI International had a return on equity of 7.11% and a net margin of 10.93%. The firm had revenue of $90.16 million for the quarter, compared to analysts’ expectations of $89.43 million. During the same quarter last year, the firm posted $0.16 EPS. The company’s revenue was up 14.9% compared to the same quarter last year. equities research analysts forecast that CAI International, Inc. will post 2.64 earnings per share for the current year.
COPYRIGHT VIOLATION WARNING: “Gary Sawka Sells 3,000 Shares of CAI International, Inc. (CAI) Stock” was reported by Community Financial News and is the property of of Community Financial News. If you are viewing this report on another site, it was illegally stolen and republished in violation of US and international copyright & trademark laws. The legal version of this report can be viewed at https://www.com-unik.info/2017/11/05/gary-sawka-sells-3000-shares-of-cai-international-inc-cai-stock.html.
Large investors have recently added to or reduced their stakes in the business. Schwab Charles Investment Management Inc. raised its holdings in shares of CAI International by 116.2% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 75,761 shares of the transportation company’s stock valued at $1,193,000 after acquiring an additional 40,717 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of CAI International by 451.7% in the 1st quarter. Wells Fargo & Company MN now owns 51,880 shares of the transportation company’s stock valued at $816,000 after acquiring an additional 42,476 shares in the last quarter. Royce & Associates LP raised its holdings in shares of CAI International by 26.9% in the 2nd quarter. Royce & Associates LP now owns 325,162 shares of the transportation company’s stock valued at $7,674,000 after acquiring an additional 69,000 shares in the last quarter. 361 Capital LLC purchased a new stake in shares of CAI International in the 2nd quarter valued at about $413,000. Finally, Chicago Equity Partners LLC purchased a new stake in shares of CAI International in the 2nd quarter valued at about $925,000. 58.27% of the stock is currently owned by hedge funds and other institutional investors.
A number of analysts recently issued reports on the company. Cowen and Company reissued a “hold” rating and set a $34.00 price objective on shares of CAI International in a report on Thursday, October 19th. SunTrust Banks, Inc. reissued a “buy” rating and set a $40.00 price objective on shares of CAI International in a report on Friday, October 20th. TheStreet raised CAI International from a “d+” rating to a “c” rating in a report on Wednesday, July 26th. Zacks Investment Research cut CAI International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $26.00 price objective on shares of CAI International in a report on Friday, July 14th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. CAI International presently has an average rating of “Buy” and an average price target of $35.80.
CAI International Company Profile
CAI International, Inc is a transportation finance and logistics company. The Company purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers, and also manages equipment for third-party investors. The Company operates through three segments: container leasing, rail leasing and logistics.
What are top analysts saying about CAI International Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for CAI International Inc. and related companies.