Saia CFO James A. Darby Sells 14,345 Shares (SAIA)
Saia (NASDAQ:SAIA) CFO James A. Darby sold 14,345 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $47.79, for a total transaction of $685,547.55. Following the transaction, the chief financial officer now directly owns 31,572 shares of the company’s stock, valued at approximately $1,508,826. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Saia (NASDAQ:SAIA) traded up 0.52% on Monday, hitting $48.25. 3,846 shares of the company’s stock traded hands. Saia has a one year low of $28.35 and a one year high of $48.30. The stock has a 50-day moving average of $45.45 and a 200-day moving average of $40.49. The company has a market cap of $1.182 billion and a price-to-earnings ratio of 28.24.
Saia (NASDAQ:SAIA) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.53 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.70 by $0.17. The company had revenue of $330.00 million for the quarter, compared to the consensus estimate of $321.33 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 12.9% on a year-over-year basis. Analysts expect that Saia will post $1.99 EPS for the current fiscal year.
SAIA has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Saia from a “neutral” rating to an “outperform” rating in a research note on Friday, August 1st. They now have a $49.20 price target on the stock. Analysts at Wunderlich reiterated a “buy” rating on shares of Saia in a research note on Thursday, July 31st. They now have a $54.00 price target on the stock, up previously from $48.00. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $46.24.
Saia, Inc (NASDAQ:SAIA), through its wholly owned subsidiaries, is a transportation company.
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