LPL Financial LLC Acquires 4,679 Shares of Saia, Inc. (NASDAQ:SAIA)

LPL Financial LLC raised its stake in Saia, Inc. ( NASDAQ:SAIA – Free Report ) by 22.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The fund owned 25,381 shares of the transportation company’s stock after acquiring an additional 4,679 shares during the quarter. LPL Financial LLC owned approximately 0.10% of Saia worth $11,567,000 as of its most recent SEC filing.



Other hedge funds also recently made changes to their positions in the company. Fox Run Management L.L.

C. bought a new stake in Saia during the 4th quarter worth $248,000. KLP Kapitalforvaltning AS bought a new stake in shares of Saia during the fourth quarter worth about $2,461,000.

TD Private Client Wealth LLC raised its holdings in Saia by 5.8% in the 4th quarter. TD Private Client Wealth LLC now owns 4,514 shares of the transportation company’s stock valued at $2,057,000 after buying an additional 249 shares during the last quarter.

Teacher Retirement System of Texas acquired a new stake in Saia during the 4th quarter worth approximately $544,000. Finally, Royal London Asset Management Ltd. grew its holdings in Saia by 0.

9% during the 4th quarter. Royal London Asset Management Ltd. now owns 130,431 shares of the transportation company’s stock worth $59,441,000 after acquiring an additional 1,141 shares during the last quarter.

Saia Trading Down 13.7 % Shares of Saia stock opened at $319.97 on Friday.

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.26 and a current ratio of 1.

57. Saia, Inc. has a 52 week low of $307.

73 and a 52 week high of $624.55. The stock has a 50 day moving average price of $419.

81 and a two-hundred day moving average price of $462.37. The stock has a market capitalization of $8.

52 billion, a PE ratio of 23.68, a price-to-earnings-growth ratio of 2.24 and a beta of 1.

89. Insider Activity at Saia In other Saia news, CEO Frederick J. Holzgrefe III sold 7,534 shares of the firm’s stock in a transaction on Monday, February 10th.

The stock was sold at an average price of $487.34, for a total transaction of $3,671,619.56.

Following the transaction, the chief executive officer now directly owns 17,645 shares in the company, valued at approximately $8,599,114.30. This trade represents a 29.

92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website . Also, CAO Kelly W.

Benton sold 460 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $500.00, for a total transaction of $230,000.

00. Following the completion of the sale, the chief accounting officer now owns 4,287 shares of the company’s stock, valued at approximately $2,143,500. The trade was a 9.

69 % decrease in their position. The disclosure for this sale can be found here . In the last quarter, insiders have sold 9,493 shares of company stock valued at $4,646,181.

0.30% of the stock is owned by corporate insiders. Analyst Ratings Changes Several equities analysts have recently issued reports on the stock.

Bank of America dropped their price target on shares of Saia from $565.00 to $484.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th.

JPMorgan Chase & Co. reduced their price target on Saia from $566.00 to $558.

00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. TD Cowen raised their price objective on Saia from $456.00 to $478.

00 and gave the stock a “hold” rating in a research report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft initiated coverage on Saia in a research note on Friday, March 7th. They issued a “buy” rating and a $570.

00 price objective on the stock. Finally, Barclays decreased their target price on shares of Saia from $535.00 to $475.

00 and set an “overweight” rating for the company in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat, Saia has an average rating of “Moderate Buy” and a consensus target price of $509.

72. View Our Latest Stock Analysis on Saia Saia Profile ( Free Report ) 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. Read More Receive News & Ratings for Saia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Saia and related companies with MarketBeat.com's FREE daily email newsletter .

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