20,591 Shares in Saia, Inc. (NASDAQ:SAIA) Purchased by Eisler Capital Management Ltd.

Eisler Capital Management Ltd. purchased a new position in Saia, Inc. (NASDAQ:SAIA - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 20,591 shares of the transportation company's stock, valued at approximately $9,192,000. Eisler Capital Management Ltd. owned about 0.08% of Saia as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of SAIA. Kestra Investment Management LLC bought a new position in shares of Saia during the fourth quarter valued at approximately $25,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of Saia by 172.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 60 shares of the transportation company's stock valued at $28,000 after buying an additional 38 shares during the last quarter. Atala Financial Inc bought a new position in shares of Saia during the fourth quarter valued at approximately $36,000. Huntington National Bank grew its stake in shares of Saia by 291.7% during the fourth quarter. Huntington National Bank now owns 94 shares of the transportation company's stock valued at $43,000 after buying an additional 70 shares during the last quarter. Finally, Tortoise Investment Management LLC grew its stake in shares of Saia by 76.6% during the fourth quarter. Tortoise Investment Management LLC now owns 113 shares of the transportation company's stock valued at $51,000 after buying an additional 49 shares during the last quarter.

Insider Transactions at Saia

In other Saia news, CEO Frederick J. Holzgrefe III sold 7,534 shares of the business's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $487.34, for a total value of $3,671,619.56. Following the completion of the transaction, the chief executive officer now directly owns 17,645 shares of the company's stock, valued at approximately $8,599,114.30. The trade was a 29.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Patrick D. Sugar sold 799 shares of the business's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $493.74, for a total value of $394,498.26. Following the completion of the transaction, the executive vice president now directly owns 8,629 shares of the company's stock, valued at $4,260,482.46. The trade was a 8.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,493 shares of company stock worth $4,646,181. Company insiders own 0.30% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SAIA. TD Cowen upped their price target on shares of Saia from $456.00 to $478.00 and gave the stock a "hold" rating in a report on Tuesday, February 4th. Citigroup dropped their target price on shares of Saia from $498.00 to $435.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Jefferies Financial Group dropped their target price on shares of Saia from $560.00 to $455.00 and set a "buy" rating on the stock in a research note on Wednesday, April 9th. Wells Fargo & Company dropped their target price on shares of Saia from $400.00 to $260.00 and set an "equal weight" rating on the stock in a research note on Monday, April 28th. Finally, Raymond James set a $310.00 target price on shares of Saia and gave the stock an "outperform" rating in a research note on Monday, April 28th. Twelve investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $342.58.

Saia Stock Down 1.9%

SAIA stock traded down $5.17 during trading on Friday, reaching $260.62. 479,304 shares of the company traded hands, compared to its average volume of 489,295. Saia, Inc. has a 12 month low of $229.12 and a 12 month high of $624.55. The business has a 50 day simple moving average of $330.05 and a 200 day simple moving average of $436.06. The company has a market capitalization of $6.94 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 2.24 and a beta of 2.03. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.26 and a current ratio of 1.57.

Saia (NASDAQ:SAIA - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The transportation company reported $1.86 earnings per share for the quarter, missing analysts' consensus estimates of $2.77 by ($0.91). Saia had a return on equity of 16.63% and a net margin of 11.28%. The business had revenue of $787.58 million during the quarter, compared to analyst estimates of $806.18 million. During the same period in the previous year, the business earned $3.38 EPS. The firm's revenue for the quarter was up 4.3% compared to the same quarter last year. On average, equities research analysts anticipate that Saia, Inc. will post 15.46 earnings per share for the current fiscal year.

Saia Company Profile

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.