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Saia (NASDAQ:SAIA) CEO Richard D. Odell unloaded 16,000 shares of the stock on the open market in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $48.22, for a total value of $771,520.00. Following the completion of the transaction, the chief executive officer now directly owns 61,894 shares in the company, valued at approximately $2,984,529. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Several analysts have recently commented on the stock. 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’s stock. Saia currently has a consensus rating of “Buy” and an average price target of $46.24.

Saia (NASDAQ:SAIA) traded down 0.77% on Thursday, hitting $47.78. The stock had a trading volume of 138,142 shares. Saia has a one year low of $29.28 and a one year high of $49.85. The stock’s 50-day moving average is $45.86 and its 200-day moving average is $40.89. The company has a market cap of $1.170 billion and a P/E ratio of 28.32.

Saia (NASDAQ:SAIA) last released its earnings data on Wednesday, July 30th. The company reported $0.53 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter 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, Inc (NASDAQ:SAIA), through its wholly owned subsidiaries, is a transportation company.

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