Today it was reported that the Exec. VP & Chief Customer Off. of Saia (SAIA), Raymond Ramu, exercised options to sell 20,760 SAIA shares at $31.35 a share, for a total transaction value of $1.44M.
In addition to Raymond Ramu, 3 other SAIA executives reported Sell trades in the last month.
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Based on Saia’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $407 million and quarterly net profit of $25.38 million. In comparison, last year the company earned revenue of $353 million and had a net profit of $47.76 million. SAIA’s market cap is $1.78B and the company has a P/E ratio of 17.16. Currently, Saia has an average volume of 257.2K.
Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $74.25, reflecting a 6.8% upside.
The insider sentiment on Saia has been negative according to 30 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
Raymond Ramu’s trades have generated a -36.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Saia, Inc. is a transportation holding company, that provides a range of less-than-truckload, non-asset truckload, expedited and logistics services through its wholly-owned subsidiaries across the United States. The company was founded in 1924 and is headquartered in Johns Creek, GA.
