Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Old Dominion Freight Line, Inc. NASDAQ: ODFL. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Old Dominion Freight Line stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
- Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
- Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
- Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
Old Dominion Freight Line Stock Down 0.6%
ODFL stock traded down $1.02 during midday trading on Thursday, reaching $170.63. The company had a trading volume of 90,347 shares, compared to its average volume of 1,678,478. The company has a market capitalization of $36.06 billion, a P/E ratio of 31.03, a PEG ratio of 2.89 and a beta of 1.31. The company has a 50 day moving average of $159.58 and a two-hundred day moving average of $184.14. 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, Inc. has a 1 year low of $144.90 and a 1 year high of $233.26.
Old Dominion Freight Line (NASDAQ:ODFL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The transportation company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.05. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.38 billion. Old Dominion Freight Line had a net margin of 20.40% and a return on equity of 28.02%. The business's quarterly revenue was down 5.8% on a year-over-year basis. During the same period last year, the business posted $1.34 EPS. On average, equities research analysts expect that Old Dominion Freight Line, Inc. will post 5.68 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
ODFL has been the subject of a number of recent research reports. Jefferies Financial Group dropped their price target on shares of Old Dominion Freight Line from $195.00 to $165.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. StockNews.com cut shares of Old Dominion Freight Line from a "hold" rating to a "sell" rating in a report on Saturday, March 29th. Citigroup upgraded shares of Old Dominion Freight Line from a "neutral" rating to a "buy" rating and reduced their price target for the company from $186.00 to $183.00 in a report on Tuesday, April 8th. Deutsche Bank Aktiengesellschaft began coverage on shares of Old Dominion Freight Line in a report on Friday, March 7th. They set a "buy" rating and a $236.00 target price for the company. Finally, Truist Financial dropped their price target on shares of Old Dominion Freight Line from $220.00 to $175.00 and set a "buy" rating on the stock in a research report on Thursday, April 24th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $183.37.
Read Our Latest Stock Analysis on ODFL
Institutional Trading of Old Dominion Freight Line
Hedge funds have recently modified their holdings of the stock. Principal Financial Group Inc. increased its stake in Old Dominion Freight Line by 26.9% during the 3rd quarter. Principal Financial Group Inc. now owns 421,140 shares of the transportation company's stock valued at $83,655,000 after purchasing an additional 89,395 shares in the last quarter. Nordea Investment Management AB boosted its holdings in Old Dominion Freight Line by 1.4% during the 4th quarter. Nordea Investment Management AB now owns 15,629 shares of the transportation company's stock worth $2,788,000 after acquiring an additional 213 shares during the last quarter. Czech National Bank boosted its holdings in Old Dominion Freight Line by 6.0% during the 4th quarter. Czech National Bank now owns 40,736 shares of the transportation company's stock worth $7,186,000 after acquiring an additional 2,320 shares during the last quarter. Board of the Pension Protection Fund purchased a new position in Old Dominion Freight Line during the 4th quarter worth $600,000. Finally, Park Avenue Securities LLC boosted its holdings in Old Dominion Freight Line by 11.9% during the 4th quarter. Park Avenue Securities LLC now owns 4,714 shares of the transportation company's stock worth $832,000 after acquiring an additional 501 shares during the last quarter. Institutional investors own 77.82% of the company's stock.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
About Old Dominion Freight Line
(
Get Free Report)
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.
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