6 days Ago By ABMN Staff
Mariner LLC boosted its holdings in shares of Saia, Inc. ( NASDAQ:SAIA – Free Report ) by 11.0% during the 4th quarter, HoldingsChannel.
com reports. The institutional investor owned 1,822 shares of the transportation company’s stock after acquiring an additional 180 shares during the period. Mariner LLC’s holdings in Saia were worth $831,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of SAIA. Alliancebernstein L.P.
raised its holdings in Saia by 69.3% during the fourth quarter. Alliancebernstein L.
P. now owns 1,939,615 shares of the transportation company’s stock worth $883,941,000 after buying an additional 794,197 shares during the last quarter. Norges Bank bought a new stake in shares of Saia in the 4th quarter worth $64,410,000.
Artemis Investment Management LLP grew its stake in shares of Saia by 72.9% in the 4th quarter. Artemis Investment Management LLP now owns 249,782 shares of the transportation company’s stock worth $113,833,000 after acquiring an additional 105,356 shares in the last quarter.
Raymond James Financial Inc. bought a new stake in shares of Saia in the 4th quarter worth $46,514,000. Finally, Stephens Investment Management Group LLC bought a new stake in shares of Saia in the 4th quarter worth $45,767,000.
Insider Transactions at Saia In related news, CFO Matthew J. Batteh sold 700 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $500.
09, for a total value of $350,063.00. Following the completion of the transaction, the chief financial officer now directly owns 3,326 shares in the company, valued at approximately $1,663,299.
34. The trade was a 17.39 % decrease in their ownership of the stock.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, CAO Kelly W. Benton sold 460 shares of the company’s stock in a transaction on Tuesday, February 18th.
The stock was sold at an average price of $500.00, for a total transaction of $230,000.00.
Following the completion of the transaction, the chief accounting officer now owns 4,287 shares of the company’s stock, valued at $2,143,500. This trade represents a 9.69 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Over the last quarter, insiders have sold 9,493 shares of company stock valued at $4,646,181. 0.
30% of the stock is currently owned by company insiders. Analysts Set New Price Targets View Our Latest Research Report on Saia Saia Trading Down 3.5 % Shares of SAIA stock opened at $237.
11 on Tuesday. The company’s fifty day simple moving average is $358.20 and its two-hundred day simple moving average is $447.
63. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.
57 and a quick ratio of 1.26. Saia, Inc.
has a 1 year low of $229.21 and a 1 year high of $624.55.
The stock has a market capitalization of $6.31 billion, a price-to-earnings ratio of 17.55, a PEG ratio of 2.
24 and a beta of 1.99. Saia ( NASDAQ:SAIA – Get Free Report ) last released its quarterly earnings results on Friday, April 25th.
The transportation company reported $1.86 earnings per share for the quarter, missing the consensus estimate of $2.77 by ($0.
91). The firm had revenue of $787.58 million during the quarter, compared to the consensus estimate of $806.
18 million. Saia had a return on equity of 16.63% and a net margin of 11.
28%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year.
During the same period in the previous year, the company posted $3.38 EPS. As a group, analysts anticipate that Saia, Inc.
will post 15.46 earnings per share for the current year. About Saia ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding SAIA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Saia, Inc. ( NASDAQ:SAIA – Free Report ). Receive News & Ratings for Saia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saia and related companies with MarketBeat.
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