Landstar System Inc (LSTR) Receives a Hold from Oppenheimer


In a report released yesterday, Scott Schneeberger from Oppenheimer maintained a Hold rating on Landstar System Inc (NASDAQ: LSTR). The company’s shares closed yesterday at $98.46, close to its 52-week low of $93.48.

According to TipRanks.com, Schneeberger is a 5-star analyst with an average return of 10.6% and a 65.4% success rate. Schneeberger covers the Services sector, focusing on stocks such as Service Corp International, General Finance, and XPO Logistics.

Landstar System Inc has an analyst consensus of Hold, with a price target consensus of $119.43.

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The company has a one-year high of $128.70 and a one-year low of $93.48. Currently, Landstar System Inc has an average volume of 362K.

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. Last month, Joseph Beacom, the VP, CSO, COO of LSTR sold 3,000 shares for a total of $358,530.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Landstar System, Inc.engages in the provision of transportation management solutions. It operates through the Transportation Logistics and Insurance segments.

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