Rep. Marjorie Taylor Greene Buys Old Dominion Freight Line, Inc. (NASDAQ:ODFL) Stock

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Old Dominion Freight Line, Inc. NASDAQ: ODFL. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Old Dominion Freight Line stock on May 5th. The trade occurred in the Representative's "MARJORIE IRA" account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Occidental Petroleum NYSE: OXY on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 5/5/2025.

Old Dominion Freight Line Stock Down 1.4%

Shares of Old Dominion Freight Line stock traded down $2.55 during trading on Tuesday, hitting $173.52. 457,325 shares of the stock traded hands, compared to its average volume of 1,869,762. Old Dominion Freight Line, Inc. has a 52-week low of $144.90 and a 52-week high of $233.26. The stock's fifty day simple moving average is $159.87 and its 200 day simple moving average is $184.32. The firm has a market cap of $36.67 billion, a P/E ratio of 31.66, a price-to-earnings-growth ratio of 2.89 and a beta of 1.31. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01.

Old Dominion Freight Line (NASDAQ:ODFL - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The transportation company reported $1.19 earnings per share for the quarter, topping analysts' consensus estimates of $1.14 by $0.05. Old Dominion Freight Line had a return on equity of 28.02% and a net margin of 20.40%. The company had revenue of $1.37 billion during the quarter, compared to analysts' expectations of $1.38 billion. During the same quarter in the prior year, the firm posted $1.34 EPS. Old Dominion Freight Line's quarterly revenue was down 5.8% compared to the same quarter last year. On average, equities analysts predict that Old Dominion Freight Line, Inc. will post 5.68 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently commented on ODFL. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Old Dominion Freight Line in a research note on Friday, March 7th. They issued a "buy" rating and a $236.00 price objective for the company. Evercore ISI decreased their target price on Old Dominion Freight Line from $164.00 to $156.00 and set an "in-line" rating for the company in a research report on Thursday, April 24th. Stifel Nicolaus lowered their price objective on shares of Old Dominion Freight Line from $188.00 to $175.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. JPMorgan Chase & Co. lowered their price target on shares of Old Dominion Freight Line from $174.00 to $158.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Finally, Barclays dropped their target price on shares of Old Dominion Freight Line from $185.00 to $170.00 and set an "equal weight" rating on the stock in a report on Thursday, April 24th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $183.37.

Institutional Trading of Old Dominion Freight Line

Institutional investors have recently added to or reduced their stakes in the stock. OneAscent Investment Solutions LLC purchased a new stake in shares of Old Dominion Freight Line during the 1st quarter valued at about $522,000. Vestmark Advisory Solutions Inc. raised its holdings in shares of Old Dominion Freight Line by 144.1% during the first quarter. Vestmark Advisory Solutions Inc. now owns 3,512 shares of the transportation company's stock worth $581,000 after acquiring an additional 2,073 shares in the last quarter. Harfst & Associates Inc. lifted its stake in shares of Old Dominion Freight Line by 5.0% in the first quarter. Harfst & Associates Inc. now owns 11,722 shares of the transportation company's stock worth $1,939,000 after buying an additional 562 shares during the last quarter. Lord Abbett & CO. LLC raised its holdings in Old Dominion Freight Line by 49.1% in the 1st quarter. Lord Abbett & CO. LLC now owns 350,126 shares of the transportation company's stock valued at $57,928,000 after acquiring an additional 115,332 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Old Dominion Freight Line by 30.0% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 23,862 shares of the transportation company's stock worth $3,948,000 after buying an additional 5,500 shares in the last quarter. Hedge funds and other institutional investors own 77.82% of the company's stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

Old Dominion Freight Line Company Profile

Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.