5,138 Shares in Saia, Inc. $SAIA Bought by Wilson Asset Management International PTY Ltd.

Wilson Asset Management International PTY Ltd. purchased a new stake in shares of Saia, Inc. (NASDAQ:SAIA) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 5,138 shares of the transportation company’s stock, valued at approximately $1,538,000.

A number of other hedge funds have also modified their holdings of SAIA. Stephens Investment Management Group LLC raised its stake in shares of Saia by 3.7% during the 3rd quarter. Stephens Investment Management Group LLC now owns 117,946 shares of the transportation company’s stock valued at $35,308,000 after buying an additional 4,155 shares during the last quarter. Voya Investment Management LLC raised its position in Saia by 35.1% during the third quarter. Voya Investment Management LLC now owns 220,456 shares of the transportation company’s stock valued at $65,996,000 after acquiring an additional 57,307 shares in the last quarter. Mutual of America Capital Management LLC raised its position in Saia by 9.7% during the second quarter. Mutual of America Capital Management LLC now owns 23,124 shares of the transportation company’s stock valued at $6,336,000 after acquiring an additional 2,039 shares in the last quarter. Capital Fund Management S.A. acquired a new position in Saia in the second quarter valued at approximately $7,532,000. Finally, Vanguard Personalized Indexing Management LLC boosted its position in Saia by 23.5% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 4,353 shares of the transportation company’s stock worth $1,193,000 after purchasing an additional 828 shares in the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on SAIA shares. Raymond James Financial cut their target price on shares of Saia from $360.00 to $355.00 and set an “outperform” rating for the company in a report on Tuesday, October 14th. Barclays raised their price target on shares of Saia from $350.00 to $380.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Wolfe Research reiterated a “peer perform” rating on shares of Saia in a research report on Thursday, January 8th. Rothschild & Co Redburn set a $262.00 target price on Saia in a research report on Wednesday, November 26th. Finally, Wall Street Zen upgraded Saia from a “sell” rating to a “hold” rating in a research note on Saturday. Ten analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $349.74.

Saia Trading Up 2.6%

Shares of Saia stock opened at $415.46 on Monday. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.09. Saia, Inc. has a twelve month low of $229.12 and a twelve month high of $511.00. The firm has a market capitalization of $11.07 billion, a PE ratio of 39.23 and a beta of 2.09. The firm’s 50-day moving average price is $346.11 and its 200 day moving average price is $313.79.

Insider Activity at Saia

In other Saia news, Director Donna E. Epps bought 422 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was acquired at an average price of $277.60 per share, with a total value of $117,147.20. Following the completion of the acquisition, the director directly owned 1,852 shares of the company’s stock, valued at $514,115.20. This represents a 29.51% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Raymond R. Ramu sold 1,000 shares of the stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $266.57, for a total transaction of $266,570.00. Following the completion of the sale, the vice president owned 4,902 shares of the company’s stock, valued at $1,306,726.14. This trade represents a 16.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.30% of the stock is currently owned by insiders.

Saia Profile

Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.

The company’s core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.