CAI International, Inc. (NYSE:CAI) Director David G. Remington sold 4,040 shares of the business’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $32.68, for a total transaction of $132,027.20. Following the completion of the transaction, the director now owns 4,581 shares of the company’s stock, valued at $149,707.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of CAI International, Inc. (NYSE:CAI) traded up $1.13 during midday trading on Thursday, reaching $32.77. The company had a trading volume of 342,784 shares, compared to its average volume of 192,903. The stock has a market capitalization of $622.94, a price-to-earnings ratio of 18.69, a P/E/G ratio of 1.53 and a beta of 2.25. CAI International, Inc. has a 52-week low of $8.41 and a 52-week high of $40.11. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 2.91.

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

A number of hedge funds and other institutional investors have recently modified their holdings of CAI. TIAA CREF Investment Management LLC boosted its position in 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 buying an additional 37,626 shares during the last quarter. Vanguard Group Inc. boosted its position in CAI International by 1.8% in the 1st quarter. Vanguard Group Inc. now owns 655,282 shares of the transportation company’s stock worth $10,314,000 after purchasing an additional 11,401 shares in the last quarter. Geode Capital Management LLC boosted its position in CAI International by 3.1% in the 1st quarter. Geode Capital Management LLC now owns 118,436 shares of the transportation company’s stock worth $1,864,000 after purchasing an additional 3,611 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in CAI International by 9.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,295,357 shares of the transportation company’s stock worth $20,389,000 after purchasing an additional 114,781 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in CAI International in the 1st quarter worth approximately $927,000. Hedge funds and other institutional investors own 69.10% of the company’s stock.

A number of equities analysts have commented on CAI shares. ValuEngine downgraded shares of CAI International from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Cowen reiterated a “hold” rating and issued a $28.00 target price on shares of CAI International in a report on Wednesday, October 4th. Zacks Investment Research upgraded shares of CAI International from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a report on Thursday, October 19th. William Blair reiterated an “outperform” rating on shares of CAI International in a report on Friday, October 20th. Finally, Wells Fargo & Company boosted their price target on CAI International from $26.00 to $32.00 and gave the stock a “market perform” rating in a research note on Friday, October 20th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. CAI International has an average rating of “Buy” and a consensus target price of $35.80.

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CAI International Company Profile

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.

Insider Buying and Selling by Quarter for CAI International (NYSE:CAI)

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