95 Shares in Saia, Inc. (NASDAQ:SAIA) Acquired by GAMMA Investing LLC

GAMMA Investing LLC bought a new position in shares of Saia, Inc. (NASDAQ:SAIA) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 95 shares of the transportation company’s stock, valued at approximately $43,000.

Other institutional investors have also recently bought and sold shares of the company. Contravisory Investment Management Inc. bought a new position in Saia in the 4th quarter valued at $26,000. NBC Securities Inc. bought a new position in Saia in the 3rd quarter valued at $54,000. Harvest Fund Management Co. Ltd bought a new position in Saia in the 3rd quarter valued at $59,000. Cullen Frost Bankers Inc. bought a new position in Saia in the 3rd quarter valued at $60,000. Finally, RiverPark Advisors LLC bought a new position in Saia in the 3rd quarter valued at $75,000.

Wall Street Analysts Forecast Growth

SAIA has been the subject of several research reports. The Goldman Sachs Group lifted their target price on Saia from $504.00 to $567.00 and gave the company a “neutral” rating in a research note on Thursday, April 11th. Susquehanna lifted their price objective on Saia from $500.00 to $625.00 and gave the stock a “positive” rating in a research note on Thursday, February 8th. Wolfe Research cut Saia from an “outperform” rating to a “peer perform” rating in a research note on Thursday, April 11th. StockNews.com cut Saia from a “hold” rating to a “sell” rating in a research note on Monday, April 29th. Finally, Raymond James lifted their price objective on Saia from $565.00 to $604.00 and gave the stock an “outperform” rating in a research note on Monday, April 15th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $497.22.

Saia Stock Performance

Shares of Saia stock opened at $400.08 on Friday. Saia, Inc. has a one year low of $266.91 and a one year high of $628.34. The firm has a market cap of $10.64 billion, a price-to-earnings ratio of 28.99, a price-to-earnings-growth ratio of 1.25 and a beta of 1.71. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.23 and a quick ratio of 2.01. The stock’s 50-day moving average is $554.03 and its 200-day moving average is $478.81.

Saia (NASDAQ:SAIA) last released its earnings results on Friday, April 26th. The transportation company reported $3.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.43 by ($0.05). Saia had a return on equity of 19.53% and a net margin of 12.42%. The company had revenue of $754.80 million for the quarter, compared to the consensus estimate of $772.36 million. During the same quarter in the previous year, the company posted $2.85 EPS. The business’s revenue was up 14.3% on a year-over-year basis. Equities analysts predict that Saia, Inc. will post 15.38 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Douglas L. Col sold 1,812 shares of the company’s stock in a transaction dated Tuesday, February 13th. The stock was sold at an average price of $557.75, for a total transaction of $1,010,643.00. Following the sale, the chief financial officer now owns 5,623 shares in the company, valued at $3,136,228.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Saia news, CFO Douglas L. Col sold 1,812 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $557.75, for a total transaction of $1,010,643.00. Following the transaction, the chief financial officer now owns 5,623 shares of the company’s stock, valued at $3,136,228.25. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Frederick J. Holzgrefe III sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $533.46, for a total value of $4,000,950.00. Following the transaction, the chief executive officer now directly owns 14,248 shares in the company, valued at approximately $7,600,738.08. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 27,699 shares of company stock worth $14,966,813. Corporate insiders own 0.30% of the company’s stock.

Saia Profile

Saia, Inc, together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. It also offers other value-added services, including non-asset truckload, expedited, and logistics services.