Insider Selling: Clifton R. Beckham Unloads 7,249 Shares of USA Truck Stock (USAK)
USA Truck (NASDAQ:USAK) CFO Clifton R. Beckham sold 7,249 shares of USA Truck stock on the open market in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $18.92, for a total transaction of $137,151.08. Following the sale, the chief financial officer now directly owns 56,015 shares in the company, valued at approximately $1,059,804. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of USA Truck (NASDAQ:USAK) traded down 1.64% during mid-day trading on Wednesday, hitting $18.59. 42,029 shares of the company’s stock traded hands. USA Truck has a 1-year low of $5.28 and a 1-year high of $19.57. The stock has a 50-day moving average of $18.20 and a 200-day moving average of $16.54. The company’s market cap is $192.3 million.
USA Truck (NASDAQ:USAK) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.02) by $0.22. The company had revenue of $125.00 million for the quarter, compared to the consensus estimate of $152.30 million. During the same quarter in the prior year, the company posted ($0.10) earnings per share. The company’s quarterly revenue was up 9.7% on a year-over-year basis. Analysts expect that USA Truck will post $0.19 EPS for the current fiscal year.
USA Truck, Inc is a truckload carrier providing transportation of general commodities throughout the continental United States, into and out of Mexico and into and out of portions of Canada.
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