International L.P. Elliott Acquires 1,046 Shares of Roadrunner Transportation Systems Inc (NYSE:RRTS) Stock

Roadrunner Transportation Systems Inc (NYSE:RRTS) major shareholder International L.P. Elliott bought 1,046 shares of Roadrunner Transportation Systems stock in a transaction dated Monday, October 21st. The shares were purchased at an average cost of $11.34 per share, for a total transaction of $11,861.64. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

International L.P. Elliott also recently made the following trade(s):

  • On Friday, October 18th, International L.P. Elliott bought 1,558 shares of Roadrunner Transportation Systems stock. The shares were purchased at an average cost of $10.70 per share, for a total transaction of $16,670.60.
  • On Wednesday, October 16th, International L.P. Elliott bought 429 shares of Roadrunner Transportation Systems stock. The shares were purchased at an average cost of $10.32 per share, for a total transaction of $4,427.28.
  • On Monday, October 14th, International L.P. Elliott bought 1,458 shares of Roadrunner Transportation Systems stock. The shares were purchased at an average cost of $10.24 per share, for a total transaction of $14,929.92.
  • On Friday, October 11th, International L.P. Elliott purchased 2,548 shares of Roadrunner Transportation Systems stock. The stock was bought at an average cost of $10.00 per share, for a total transaction of $25,480.00.
  • On Wednesday, October 9th, International L.P. Elliott purchased 1,891 shares of Roadrunner Transportation Systems stock. The stock was bought at an average cost of $9.89 per share, for a total transaction of $18,701.99.
  • On Monday, October 7th, International L.P. Elliott purchased 1,551 shares of Roadrunner Transportation Systems stock. The stock was bought at an average cost of $9.78 per share, for a total transaction of $15,168.78.
  • On Friday, October 4th, International L.P. Elliott purchased 1,130 shares of Roadrunner Transportation Systems stock. The stock was bought at an average cost of $9.67 per share, for a total transaction of $10,927.10.
  • On Wednesday, October 2nd, International L.P. Elliott purchased 1,951 shares of Roadrunner Transportation Systems stock. The stock was bought at an average cost of $9.50 per share, for a total transaction of $18,534.50.
  • On Monday, September 30th, International L.P. Elliott purchased 3,462 shares of Roadrunner Transportation Systems stock. The stock was bought at an average cost of $9.91 per share, for a total transaction of $34,308.42.
  • On Friday, September 27th, International L.P. Elliott purchased 2,253 shares of Roadrunner Transportation Systems stock. The stock was bought at an average cost of $10.06 per share, for a total transaction of $22,665.18.

RRTS opened at $11.68 on Wednesday. The stock has a market capitalization of $419.28 million, a PE ratio of -0.12 and a beta of 1.49. The firm’s fifty day moving average price is $10.16 and its 200 day moving average price is $9.94. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.03 and a quick ratio of 1.03. Roadrunner Transportation Systems Inc has a 12-month low of $7.30 and a 12-month high of $23.75.

Roadrunner Transportation Systems (NYSE:RRTS) last posted its quarterly earnings results on Wednesday, August 7th. The transportation company reported ($0.89) earnings per share (EPS) for the quarter. The company had revenue of $480.69 million during the quarter, compared to analyst estimates of $531.50 million. Roadrunner Transportation Systems had a negative net margin of 12.95% and a negative return on equity of 111.48%. On average, equities research analysts forecast that Roadrunner Transportation Systems Inc will post -2.49 earnings per share for the current fiscal year.

Several analysts recently issued reports on the stock. Zacks Investment Research cut shares of Roadrunner Transportation Systems from a “hold” rating to a “sell” rating in a report on Wednesday, October 16th. ValuEngine cut shares of Roadrunner Transportation Systems from a “buy” rating to a “hold” rating in a report on Tuesday, October 15th.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC acquired a new stake in shares of Roadrunner Transportation Systems during the second quarter worth $44,000. JPMorgan Chase & Co. acquired a new stake in shares of Roadrunner Transportation Systems during the second quarter worth $159,000. Finally, NJ State Employees Deferred Compensation Plan acquired a new stake in shares of Roadrunner Transportation Systems during the second quarter worth $611,000. 94.69% of the stock is currently owned by hedge funds and other institutional investors.

Roadrunner Transportation Systems Company Profile

Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. The company operates through three segments: Truckload & Express Services (TES), Less-than-Truckload (LTL), and Ascent Global Logistics. The TES segment provides air and ground expedite, scheduled truckload, intermodal, temperature-controlled truckload, and other truckload and logistics services; and arranges the pickup and delivery of TES freight through its 35 TES service centers in the United States.

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Insider Buying and Selling by Quarter for Roadrunner Transportation Systems (NYSE:RRTS)

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