Crossmark Global Holdings Inc. Has $814,000 Stock Holdings in Saia, Inc. (NASDAQ:SAIA)

Crossmark Global Holdings Inc. decreased its position in Saia, Inc. (NASDAQ:SAIA) by 4.9% during the 4th quarter, HoldingsChannel reports. The fund owned 1,786 shares of the transportation company’s stock after selling 93 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Saia were worth $814,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SAIA. Paladin Wealth LLC bought a new stake in Saia in the 3rd quarter valued at approximately $40,000. Quarry LP bought a new stake in Saia in the 2nd quarter valued at approximately $41,000. Tobam bought a new stake in Saia in the 3rd quarter valued at approximately $100,000. Blue Trust Inc. lifted its stake 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. Finally, GAMMA Investing LLC lifted its stake in Saia by 148.0% in the 4th quarter. GAMMA Investing LLC now owns 367 shares of the transportation company’s stock valued at $167,000 after acquiring an additional 219 shares in the last quarter.

Analyst Upgrades and Downgrades

SAIA has been the topic of several research reports. BMO Capital Markets boosted their target price on Saia from $465.00 to $495.00 and gave the company a “market perform” rating in a research note on Monday, October 28th. Barclays dropped their price objective on Saia from $620.00 to $600.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Wolfe Research upgraded Saia from a “peer perform” rating to an “outperform” rating and set a $511.00 price objective on the stock in a research note on Wednesday, October 9th. Evercore ISI dropped their price objective on Saia from $503.00 to $488.00 and set an “outperform” rating on the stock in a research note on Thursday, October 3rd. Finally, Stifel Nicolaus upped their price objective on Saia from $443.00 to $529.00 and gave the stock a “hold” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $527.65.

Insider Buying and Selling at Saia

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

Saia Stock Performance

Shares of NASDAQ SAIA opened at $494.30 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.26 and a quick ratio of 1.26. The stock’s fifty day moving average price is $502.54 and its two-hundred day moving average price is $461.10. Saia, Inc. has a one year low of $358.90 and a one year high of $628.34. The firm has a market cap of $13.14 billion, a price-to-earnings ratio of 35.31, a P/E/G ratio of 2.38 and a beta of 1.79.

Saia (NASDAQ:SAIA) last issued its quarterly earnings data on Friday, October 25th. The transportation company reported $3.46 EPS for the quarter, missing analysts’ consensus estimates of $3.53 by ($0.07). Saia had a net margin of 11.83% and a return on equity of 18.00%. The firm had revenue of $842.10 million during the quarter, compared to analyst estimates of $839.82 million. During the same period in the prior year, the company earned $3.67 earnings per share. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. On average, equities analysts forecast that Saia, Inc. will post 13.47 EPS for the current year.

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.