Saia CEO Sells $927,396 in Stock (SAIA)
Saia (NASDAQ:SAIA) CEO Richard D. Odell sold 29,916 shares of the stock on the open market in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $31.00, for a total value of $927,396.00. Following the completion of the transaction, the chief executive officer now directly owns 102,894 shares in the company, valued at approximately $3,189,714. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Saia (NASDAQ:SAIA) traded down 2.20% during mid-day trading on Monday, hitting $30.22. The stock had a trading volume of 294,526 shares. Saia has a 52 week low of $17.9333 and a 52 week high of $35.31. The stock’s 50-day moving average is $32.29 and its 200-day moving average is $31.90. The company has a market cap of $732.7 million and a price-to-earnings ratio of 17.86.
Saia (NASDAQ:SAIA) last announced its earnings results on Friday, January 31st. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.01. The company had revenue of $280.00 million for the quarter, compared to the consensus estimate of $277.11 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, analysts predict that Saia will post $2.14 earnings per share for the current fiscal year.
Saia, Inc (NASDAQ:SAIA), through its wholly owned subsidiaries, is a transportation company.
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