Alliance Wealth Advisors LLC UT Sells 30 Shares of Saia, Inc. (NASDAQ:SAIA)

Alliance Wealth Advisors LLC UT reduced its position in shares of Saia, Inc. (NASDAQ:SAIA) by 3.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 841 shares of the transportation company’s stock after selling 30 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Saia were worth $383,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SAIA. Paladin Wealth LLC purchased a new stake in shares of Saia during the third quarter valued at approximately $40,000. Tobam bought a new position in Saia in the 3rd quarter valued at approximately $100,000. Blue Trust Inc. lifted its position in Saia by 319.1% in the 3rd quarter. Blue Trust Inc. now owns 285 shares of the transportation company’s stock valued at $135,000 after acquiring an additional 217 shares in the last quarter. GAMMA Investing LLC boosted its stake in Saia by 148.0% during the 4th quarter. GAMMA Investing LLC now owns 367 shares of the transportation company’s stock valued at $167,000 after purchasing an additional 219 shares during the last quarter. Finally, Rehmann Capital Advisory Group bought a new stake in shares of Saia in the 3rd quarter worth $213,000.

Saia Trading Up 1.9 %

Saia stock opened at $479.27 on Wednesday. Saia, Inc. has a 12-month low of $358.90 and a 12-month high of $628.34. The firm has a market capitalization of $12.74 billion, a price-to-earnings ratio of 34.23, a P/E/G ratio of 2.31 and a beta of 1.79. The firm has a 50 day moving average of $495.01 and a 200 day moving average of $461.63. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.08.

Saia (NASDAQ:SAIA) last announced its quarterly earnings data on Friday, February 7th. The transportation company reported $2.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.87 by ($0.03). Saia had a return on equity of 18.00% and a net margin of 11.83%. The firm had revenue of $789.00 million during the quarter, compared to analysts’ expectations of $794.69 million. During the same period last year, the company earned $3.33 earnings per share. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. As a group, research analysts predict that Saia, Inc. will post 13.47 earnings per share for the current year.

Insider Buying and Selling at Saia

In other Saia news, EVP Rohit Lal sold 1,120 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $560.00, for a total value of $627,200.00. Following the completion of the transaction, the executive vice president now directly owns 8,270 shares in the company, valued at $4,631,200. This represents a 11.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

SAIA has been the topic of several recent analyst reports. Jefferies Financial Group increased their price objective on Saia from $525.00 to $560.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Raymond James reduced their price target on shares of Saia from $560.00 to $540.00 and set an “outperform” rating for the company in a research note on Tuesday. Stifel Nicolaus increased their price objective on shares of Saia from $443.00 to $529.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. Stephens lifted their target price on shares of Saia from $481.00 to $515.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. Finally, TD Cowen increased their price target on Saia from $456.00 to $478.00 and gave the company a “hold” rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $530.41.

Saia Profile

Saia, Inc, together with its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. It also offers other value-added services, including non-asset truckload, expedited, and logistics services.