B.O.S.S. Retirement Advisors LLC Purchases New Holdings in Saia, Inc. (NASDAQ:SAIA)

B.O.S.S. Retirement Advisors LLC bought a new stake in Saia, Inc. (NASDAQ:SAIA) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,799 shares of the transportation company’s stock, valued at approximately $820,000.

Several other institutional investors also recently modified their holdings of the business. Paladin Wealth LLC acquired a new stake in shares of Saia during the third quarter worth $40,000. Quarry LP acquired a new position in shares of Saia in the second quarter valued at approximately $41,000. Tobam acquired a new position in shares of Saia in the third quarter valued at approximately $100,000. Blue Trust Inc. lifted its holdings in shares of Saia by 319.1% in the third quarter. Blue Trust Inc. now owns 285 shares of the transportation company’s stock valued at $135,000 after purchasing 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

Several equities research analysts have recently commented on the company. Evercore ISI cut their price objective on Saia from $503.00 to $488.00 and set an “outperform” rating for the company in a report on Thursday, October 3rd. BMO Capital Markets boosted their price target 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 cut their target price on Saia from $620.00 to $600.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. Susquehanna reaffirmed a “neutral” rating and set a $530.00 price objective (down previously from $565.00) on shares of Saia in a research report on Tuesday, January 7th. Finally, Citigroup cut their price target on shares of Saia from $651.00 to $644.00 and set a “buy” rating for the company in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $527.65.

Saia Price Performance

SAIA opened at $494.30 on Friday. Saia, Inc. has a fifty-two week low of $358.90 and a fifty-two week high of $628.34. The firm has a 50-day moving average of $502.54 and a 200 day moving average of $460.94. The firm has a market cap of $13.14 billion, a P/E ratio of 35.31, a PEG ratio of 2.38 and a beta of 1.79. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.26 and a current ratio of 1.26.

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

Insider Activity at Saia

In other Saia news, EVP Rohit Lal sold 1,120 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were 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 of the company’s stock, valued at $4,631,200. This trade represents a 11.93 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.30% of the stock is currently owned by corporate insiders.

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.