Insider Selling: Roadrunner Transportation Systems COO Helden Brian J. Van Sells 13,234 Shares of Stock (RRTS)
Roadrunner Transportation Systems (NASDAQ:RRTS) COO Helden Brian J. Van sold 13,234 shares of the stock on the open market in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $27.70, for a total value of $366,581.80. Following the transaction, the chief operating officer now directly owns 33,428 shares in the company, valued at approximately $925,956. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Roadrunner Transportation Systems (NASDAQ:RRTS) traded up 0.51% during mid-day trading on Monday, hitting $27.72. The stock had a trading volume of 131,653 shares. Roadrunner Transportation Systems has a 52 week low of $21.17 and a 52 week high of $30.98. The stock has a 50-day moving average of $25. and a 200-day moving average of $25.49. The company has a market cap of $1.049 billion and a P/E ratio of 21.75.
Roadrunner Transportation Systems (NASDAQ:RRTS) last announced its earnings results on Wednesday, April 30th. The company reported $0.27 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.26 by $0.01. The company had revenue of $382.00 million for the quarter, compared to the consensus estimate of $363.20 million. On average, analysts predict that Roadrunner Transportation Systems will post $1.46 earnings per share for the current fiscal year.
Separately, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Roadrunner Transportation Systems in a research note on Thursday, May 1st. They now have a $29.00 price target on the stock. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $32.55.
Roadrunner Transportation Systems, Inc (NASDAQ:RRTS) is a transportation and logistics service provider offering a full suite of solutions, including customized and expedited less-than-truckload, truckload and logistics, transportation management solutions, intermodal solutions, and domestic and international air.
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