Saia, Inc. $SAIA Stock Holdings Increased by Capital International Investors

Key Points

• Capital International Investors raised its stake in Saia to 1,419,062 shares (about 5.33%) after buying 11,454 shares in Q3, valued at roughly $424.8 million, while other institutions also added significant positions (e.g., Viking Global ~$226.8M, Norges Bank ~$103.6M, First Trust sizable increase).
• Analysts are mixed: the consensus rating is "Hold" with a $379.47 target, though several firms recently boosted price targets (Wells Fargo $395, Benchmark $400, Stephens $445) and ratings span Buy–Hold–Sell.
• Saia's latest quarter saw an EPS miss ($1.77 vs. $1.90 estimate) but a revenue beat ($789.95M vs. $773.82M); the company has a ~$9.5B market cap and a 52-week range of $229.12–$430.11.

Capital International Investors increased its stake in shares of Saia, Inc. (NASDAQ:SAIA - Free Report) by 0.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,419,062 shares of the transportation company's stock after purchasing an additional 11,454 shares during the quarter. Capital International Investors owned approximately 5.33% of Saia worth $424,794,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Viking Global Investors LP bought a new stake in Saia during the second quarter worth approximately $226,770,000. Norges Bank bought a new position in shares of Saia in the second quarter valued at approximately $103,599,000. First Trust Advisors LP raised its position in shares of Saia by 141.3% in the third quarter. First Trust Advisors LP now owns 557,129 shares of the transportation company's stock valued at $166,782,000 after purchasing an additional 326,206 shares during the period. Wasatch Advisors LP raised its position in shares of Saia by 25.3% in the second quarter. Wasatch Advisors LP now owns 825,687 shares of the transportation company's stock valued at $226,230,000 after purchasing an additional 166,486 shares during the period. Finally, Neuberger Berman Group LLC lifted its stake in shares of Saia by 403.3% in the second quarter. Neuberger Berman Group LLC now owns 181,583 shares of the transportation company's stock worth $49,752,000 after buying an additional 145,506 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SAIA. Weiss Ratings reiterated a "hold (c)" rating on shares of Saia in a research note on Monday, December 29th. Wells Fargo & Company upped their price target on shares of Saia from $310.00 to $395.00 and gave the company an "equal weight" rating in a report on Wednesday, February 11th. Benchmark lifted their price objective on Saia from $360.00 to $400.00 and gave the stock a "buy" rating in a research note on Wednesday, February 11th. Stephens boosted their price objective on Saia from $414.00 to $445.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 11th. Finally, Wolfe Research restated a "peer perform" rating on shares of Saia in a research note on Thursday, January 8th. Nine investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $379.47.

Saia Price Performance

Shares of Saia stock opened at $356.03 on Wednesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.64 and a quick ratio of 1.64. The company has a market cap of $9.50 billion, a PE ratio of 37.40, a price-to-earnings-growth ratio of 1.97 and a beta of 2.04. The firm has a fifty day moving average price of $373.32 and a two-hundred day moving average price of $327.63. Saia, Inc. has a fifty-two week low of $229.12 and a fifty-two week high of $430.11.

Saia (NASDAQ:SAIA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The transportation company reported $1.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.13). The company had revenue of $789.95 million for the quarter, compared to the consensus estimate of $773.82 million. Saia had a return on equity of 9.86% and a net margin of 7.89%.The business's revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.84 EPS. Analysts expect that Saia, Inc. will post 15.46 EPS for the current year.

Insider Buying and Selling at Saia

In other Saia news, CAO Kelly W. Benton sold 800 shares of the company's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $389.00, for a total value of $311,200.00. Following the completion of the transaction, the chief accounting officer owned 3,157 shares of the company's stock, valued at $1,228,073. This represents a 20.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Frederick J. Holzgrefe III sold 4,775 shares of the firm's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $388.80, for a total value of $1,856,520.00. Following the completion of the sale, the chief executive officer owned 22,743 shares of the company's stock, valued at $8,842,478.40. This represents a 17.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 15,533 shares of company stock valued at $6,015,055 over the last quarter. Company insiders own 0.30% of the company's stock.

Saia Company Profile

Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.

The company's core offerings include regional, interregional, and national LTL shipping, supported by volumetric LTL and port intermodal services.

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