CAI International, Inc. (NYSE:CAI) Director Gary Sawka sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $36.50, for a total value of $109,500.00. Following the sale, the director now directly owns 541 shares of the company’s stock, valued at approximately $19,746.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Gary Sawka also recently made the following trade(s):

  • On Tuesday, October 31st, Gary Sawka sold 3,365 shares of CAI International stock. The stock was sold at an average price of $37.00, for a total value of $124,505.00.

CAI International, Inc. (NYSE:CAI) traded down $0.30 during mid-day trading on Friday, hitting $35.93. The stock had a trading volume of 213,876 shares, compared to its average volume of 298,898. The company has a debt-to-equity ratio of 2.91, a current ratio of 0.39 and a quick ratio of 0.39. The company has a market cap of $702.90 million, a P/E ratio of 21.09, a price-to-earnings-growth ratio of 1.73 and a beta of 2.32.

CAI International (NYSE:CAI) last posted its earnings results on Thursday, October 19th. The transportation company reported $0.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.20. CAI International had a return on equity of 7.11% and a net margin of 10.93%. The company had revenue of $90.16 million for the quarter, compared to analyst estimates of $89.43 million. During the same quarter last year, the company earned $0.16 earnings per share. The company’s revenue for the quarter was up 14.9% on a year-over-year basis. equities analysts predict that CAI International, Inc. will post 2.64 earnings per share for the current fiscal year.

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CAI has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $26.00 target price on shares of CAI International in a research note on Friday, July 14th. Cowen and Company increased their price target on CAI International from $23.00 to $28.00 and gave the stock a “market perform” rating in a report on Thursday, July 27th. TheStreet upgraded CAI International from a “d+” rating to a “c” rating in a report on Wednesday, July 26th. ValuEngine upgraded CAI International from a “hold” rating to a “buy” rating in a report on Friday, July 28th. Finally, Zacks Investment Research lowered CAI International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $35.80.

Several hedge funds have recently bought and sold shares of CAI. Russell Investments Group Ltd. bought a new position in shares of CAI International in the first quarter valued at approximately $288,000. Wells Fargo & Company MN lifted its holdings in shares of CAI International by 451.7% in the first quarter. Wells Fargo & Company MN now owns 51,880 shares of the transportation company’s stock valued at $816,000 after purchasing an additional 42,476 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in shares of CAI International by 18.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 13,425 shares of the transportation company’s stock valued at $211,000 after purchasing an additional 2,130 shares in the last quarter. American International Group Inc. lifted its holdings in shares of CAI International by 7.1% in the first quarter. American International Group Inc. now owns 9,650 shares of the transportation company’s stock valued at $152,000 after purchasing an additional 637 shares in the last quarter. Finally, TIAA CREF Investment Management LLC lifted its holdings in shares of CAI International by 91.9% in the first quarter. TIAA CREF Investment Management LLC now owns 78,559 shares of the transportation company’s stock valued at $1,237,000 after purchasing an additional 37,626 shares in the last quarter. Institutional investors own 58.27% of the company’s stock.

About CAI International

CAI International, Inc is a transportation finance and logistics company. The Company purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers, and also manages equipment for third-party investors. The Company operates through three segments: container leasing, rail leasing and logistics.

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