National Bank of Canada FI Takes $44,000 Position in Saia, Inc. (NASDAQ:SAIA)
National Bank of Canada FI acquired a new position in shares of Saia, Inc. (NASDAQ:SAIA – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 104 shares of the transportation company’s stock, valued at approximately $44,000. Other institutional investors also recently bought and sold shares of the company. Vestmark Advisory Solutions Inc. raised its position in Saia by 9.3% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 7,407 shares of the transportation company’s stock valued at $3,246,000 after purchasing an additional 629 shares during the period. Axxcess Wealth Management LLC increased its position in shares of Saia by 6.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 610 shares of the transportation company’s stock valued at $267,000 after acquiring an additional 35 shares during the last quarter. Sapient Capital LLC purchased a new stake in shares of Saia in the 4th quarter valued at approximately $534,000. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Saia in the 4th quarter worth approximately $58,000. Finally, Natixis Advisors L.P. boosted its position in shares of Saia by 43.8% during the 4th quarter. Natixis Advisors L.P. now owns 203,004 shares of the transportation company’s stock worth $88,960,000 after purchasing an additional 61,862 shares during the period. Insider Buying and Selling at Saia In other news, Director John P. Gainor, Jr. bought 500 shares of the business’s stock in a transaction dated Thursday, May 2nd. The shares were acquired at an average price of $407.00 per share, for a total transaction of $203,500.00. Following the completion of the transaction, the director now owns 900 shares of the company’s stock, valued at $366,300. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.30% of the stock is currently owned by insiders. Wall Street Analyst Weigh In A number of research firms have commented on SAIA. The Goldman Sachs Group upped their price target on Saia from $504.00 to $567.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. StockNews.com lowered shares of Saia from a “hold” rating to a “sell” rating in a research note on Monday, April 29th. Benchmark raised their price objective on shares of Saia from $575.00 to $625.00 and gave the company a “buy” rating in a research note on Thursday, March 21st. Wolfe Research cut shares of Saia from an “outperform” rating to a “peer perform” rating in a report on Thursday, April 11th. Finally, Stifel Nicolaus lowered shares of Saia from a “buy” rating to a “hold” rating and increased their target price for the stock from $484.00 to $526.00 in a report on Tuesday, February 6th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Saia presently has a consensus rating of “Hold” and an average target price of $497.22. View Our Latest Stock Report on Saia Saia Price Performance SAIA stock opened at $399.14 on Monday. The stock has a market cap of $10.61 billion, a price-to-earnings ratio of 28.92, a PEG ratio of 1.26 and a beta of 1.71. Saia, Inc. has a fifty-two week low of $266.91 and a fifty-two week high of $628.34. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.04. The business has a 50 day moving average price of $518.38 and a 200 day moving average price of $482.36. Saia (NASDAQ:SAIA – Get Free Report) last issued its quarterly earnings data on Friday, April 26th. The transportation company reported $3.38 earnings per share for the quarter, missing the consensus estimate of $3.43 by ($0.05). The company had revenue of $754.80 million for the quarter, compared to analysts’ expectations of $772.36 million. Saia had a return on equity of 19.53% and a net margin of 12.42%. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.85 EPS. Equities research analysts anticipate that Saia, Inc. will post 15.33 earnings per share for the current fiscal year. Saia Profile (Free Report) Saia, Inc, together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. It also offers other value-added services, including non-asset truckload, expedited, and logistics services.
May 20, 2024 | www.defenseworld.net
1-888-653-2347 
support@leadiq.com 
