Insider Selling: Clifton R. Beckham Unloads 6,389 Shares of USA Truck Stock (USAK)
USA Truck (NASDAQ:USAK) CFO Clifton R. Beckham unloaded 6,389 shares of the stock on the open market in a transaction dated Monday, August 18th. The shares were sold at an average price of $17.61, for a total transaction of $112,510.29. Following the transaction, the chief financial officer now directly owns 28,464 shares of the company’s stock, valued at approximately $501,251. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of USA Truck (NASDAQ:USAK) traded down 2.02% during mid-day trading on Monday, hitting $17.46. The stock had a trading volume of 35,107 shares. USA Truck has a 52 week low of $5.28 and a 52 week high of $19.57. The stock has a 50-day moving average of $18.1 and a 200-day moving average of $16.62. The company’s market cap is $180.6 million.
USA Truck (NASDAQ:USAK) last announced its 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 last year, the company posted ($0.10) earnings per share. USA Truck’s revenue was up 9.7% compared to the same quarter last year. On average, analysts predict that USA Truck will post $0.19 earnings per share 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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