Rep. Marjorie Taylor Greene Purchases Shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Old Dominion Freight Line, Inc. (NASDAQ:ODFL). In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Old Dominion Freight Line stock on May 5th. The trade occurred in the Representative’s “MARJORIE IRA” account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Occidental Petroleum (NYSE:OXY) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of MercadoLibre (NASDAQ:MELI) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 5/5/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 5/5/2025.

Old Dominion Freight Line Stock Up 1.5 %

Old Dominion Freight Line stock opened at $155.59 on Thursday. The firm has a market capitalization of $33.01 billion, a price-to-earnings ratio of 28.39, a P/E/G ratio of 2.89 and a beta of 1.31. The firm has a 50 day simple moving average of $160.45 and a 200 day simple moving average of $185.09. Old Dominion Freight Line, Inc. has a 1-year low of $144.90 and a 1-year high of $233.26. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01.

Old Dominion Freight Line (NASDAQ:ODFL) last released its quarterly earnings data on Wednesday, April 23rd. The transportation company reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.05. Old Dominion Freight Line had a return on equity of 28.02% and a net margin of 20.40%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the company posted $1.34 EPS. The firm’s revenue for the quarter was down 5.8% compared to the same quarter last year. On average, analysts predict that Old Dominion Freight Line, Inc. will post 5.68 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ODFL has been the topic of a number of analyst reports. Truist Financial decreased their target price on shares of Old Dominion Freight Line from $220.00 to $175.00 and set a “buy” rating on the stock in a report on Thursday, April 24th. JPMorgan Chase & Co. reduced their target price on Old Dominion Freight Line from $174.00 to $158.00 and set a “neutral” rating for the company in a research report on Thursday, April 24th. Citigroup upgraded Old Dominion Freight Line from a “neutral” rating to a “buy” rating and dropped their price target for the company from $186.00 to $183.00 in a research report on Tuesday, April 8th. Raymond James set a $185.00 price objective on shares of Old Dominion Freight Line and gave the stock an “outperform” rating in a research report on Thursday, April 24th. Finally, Evercore ISI cut their price target on shares of Old Dominion Freight Line from $164.00 to $156.00 and set an “in-line” rating for the company in a research note on Thursday, April 24th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Old Dominion Freight Line currently has a consensus rating of “Hold” and an average price target of $183.37.

Institutional Trading of Old Dominion Freight Line

Institutional investors have recently made changes to their positions in the stock. Avanza Fonder AB bought a new stake in Old Dominion Freight Line in the 4th quarter worth $3,741,000. AustralianSuper Pty Ltd bought a new stake in shares of Old Dominion Freight Line in the 4th quarter worth approximately $128,221,000. Blueshift Asset Management LLC purchased a new position in shares of Old Dominion Freight Line during the fourth quarter valued at approximately $630,000. Board of the Pension Protection Fund purchased a new stake in Old Dominion Freight Line in the fourth quarter worth $600,000. Finally, Reliant Investment Management LLC boosted its holdings in Old Dominion Freight Line by 10.4% in the fourth quarter. Reliant Investment Management LLC now owns 21,850 shares of the transportation company’s stock valued at $3,854,000 after acquiring an additional 2,060 shares in the last quarter. Hedge funds and other institutional investors own 77.82% of the company’s stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

Old Dominion Freight Line Company Profile

Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.