Saia Inc (SAIA) VP Frederick J. Holzgrefe III Sells 17,361 Shares

Saia Inc (NASDAQ:SAIA) VP Frederick J. Holzgrefe III sold 17,361 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The stock was sold at an average price of $73.70, for a total value of $1,279,505.70. Following the completion of the sale, the vice president now owns 34,565 shares in the company, valued at approximately $2,547,440.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Saia Inc (SAIA) opened at $70.00 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 1.22. Saia Inc has a 52 week low of $41.28 and a 52 week high of $80.25. The company has a market capitalization of $1,780.00, a price-to-earnings ratio of 20.06 and a beta of 0.85.

Saia (NASDAQ:SAIA) last issued its earnings results on Friday, February 2nd. The transportation company reported $0.53 EPS for the quarter, meeting the consensus estimate of $0.53. Saia had a return on equity of 10.80% and a net margin of 6.61%. The business had revenue of $353.20 million for the quarter, compared to the consensus estimate of $343.26 million. During the same period last year, the business posted $0.40 EPS. The company’s revenue was up 17.7% compared to the same quarter last year. equities research analysts anticipate that Saia Inc will post 3.54 earnings per share for the current year.

Institutional investors and hedge funds have recently modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Saia by 72.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,634 shares of the transportation company’s stock valued at $116,000 after purchasing an additional 685 shares during the last quarter. Meeder Asset Management Inc. boosted its stake 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 valued at $117,000 after purchasing an additional 1,838 shares during the last quarter. Flinton Capital Management LLC boosted its stake in Saia by 69.8% during the 2nd quarter. Flinton Capital Management LLC now owns 2,482 shares of the transportation company’s stock valued at $127,000 after purchasing an additional 1,020 shares during the last quarter. Bessemer Group Inc. boosted its stake in Saia by 75.0% during the 4th quarter. Bessemer Group Inc. now owns 2,100 shares of the transportation company’s stock valued at $149,000 after purchasing an additional 900 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Saia during the 3rd quarter valued at $179,000. Institutional investors and hedge funds own 99.80% of the company’s stock.

Several analysts recently weighed in on the company. Cowen upped their price target on Saia from $61.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Stephens restated a “neutral” rating on shares of Saia in a research note on Friday, February 2nd. BidaskClub upgraded Saia from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 13th. Zacks Investment Research upgraded Saia from a “hold” rating to a “buy” rating and set a $80.00 price target on the stock in a research note on Tuesday, January 2nd. Finally, Stifel Nicolaus upped their price target on Saia from $60.00 to $61.00 and gave the stock a “hold” rating in a research note on Wednesday, December 13th. Five equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $63.75.

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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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