Saia, Inc. (NASDAQ:SAIA) insider Stephanie Maschmeier sold 4,090 shares of the 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 completion of the transaction, the insider now owns 7,316 shares of the company’s stock, valued at approximately $475,540. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Stephanie Maschmeier also recently made the following trade(s):
- On Wednesday, August 9th, Stephanie Maschmeier sold 5,925 shares of Saia stock. The stock was sold at an average price of $53.20, for a total transaction of $315,210.00.
Saia, Inc. (NASDAQ SAIA) opened at $61.15 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.09 and a quick ratio of 1.09. Saia, Inc. has a 12 month low of $40.65 and a 12 month high of $67.35. The company has a market capitalization of $1,560.00, a price-to-earnings ratio of 29.54 and a beta of 0.92.
Saia (NASDAQ:SAIA) last announced its earnings results on Friday, October 27th. The transportation company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.01). The business had revenue of $350.06 million for the quarter, compared to the consensus estimate of $344.46 million. Saia had a return on equity of 10.61% and a net margin of 4.05%. Saia’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.54 EPS. research analysts predict that Saia, Inc. will post 2.16 EPS for the current fiscal year.
SAIA has been the topic of a number of recent research reports. ValuEngine raised shares of Saia from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Wolfe Research lowered shares of Saia from an “outperform” rating to a “market perform” rating in a research note on Friday, October 6th. Morgan Stanley lifted their price target on shares of Saia from $32.00 to $34.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 5th. Zacks Investment Research lowered shares of Saia from a “buy” rating to a “hold” rating in a research note on Wednesday, September 20th. Finally, Cowen and Company reiterated a “hold” rating and set a $55.00 target price on shares of Saia in a research note on Thursday, October 12th. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Saia currently has an average rating of “Hold” and an average price target of $50.33.
Institutional investors and hedge funds have recently modified their holdings of the business. Meeder Asset Management Inc. boosted its holdings in Saia by 4,376.2% during the third quarter. Meeder Asset Management Inc. now owns 1,880 shares of the transportation company’s stock worth $117,000 after buying an additional 1,838 shares during the last quarter. Flinton Capital Management LLC raised its position in shares of Saia by 69.8% during the second quarter. Flinton Capital Management LLC now owns 2,482 shares of the transportation company’s stock worth $127,000 after purchasing an additional 1,020 shares during the period. Riverhead Capital Management LLC raised its position in shares of Saia by 68.7% during the second quarter. Riverhead Capital Management LLC now owns 2,531 shares of the transportation company’s stock worth $130,000 after purchasing an additional 1,031 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Saia during the third quarter worth about $179,000. Finally, Amalgamated Bank acquired a new stake in shares of Saia during the third quarter worth about $215,000. Hedge funds and other institutional investors own 96.98% of the company’s stock.
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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