Capital International Inc. CA Has $14.71 Million Stake in Saia, Inc. (NASDAQ:SAIA)

Capital International Inc. CA decreased its position in shares of Saia, Inc. (NASDAQ:SAIA - Free Report) by 31.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,281 shares of the transportation company's stock after selling 15,126 shares during the quarter. Capital International Inc. CA owned 0.12% of Saia worth $14,711,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Oddo BHF Asset Management Sas acquired a new stake in Saia during the 3rd quarter worth $1,408,000. Highview Capital Management LLC DE acquired a new position in Saia in the 4th quarter valued at about $1,324,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Saia in the fourth quarter worth $3,363,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Saia by 2.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 226,137 shares of the transportation company's stock valued at $103,057,000 after purchasing an additional 4,972 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Saia by 13.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,804 shares of the transportation company's stock worth $3,101,000 after buying an additional 788 shares during the last quarter.

Saia Price Performance

SAIA traded up $12.74 during trading on Thursday, hitting $354.22. The company's stock had a trading volume of 559,737 shares, compared to its average volume of 459,012. Saia, Inc. has a 12 month low of $287.50 and a 12 month high of $624.55. The firm's 50 day moving average price is $370.84 and its two-hundred day moving average price is $450.95. The company has a quick ratio of 1.26, a current ratio of 1.57 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $9.43 billion, a price-to-earnings ratio of 26.22, a price-to-earnings-growth ratio of 2.24 and a beta of 1.99.

Saia (NASDAQ:SAIA - Get Free Report) last announced its quarterly earnings data on Friday, February 7th. The transportation company reported $2.84 earnings per share for the quarter, missing the consensus estimate of $2.87 by ($0.03). The business had revenue of $789.00 million during the quarter, compared to analyst estimates of $794.69 million. Saia had a net margin of 11.28% and a return on equity of 16.63%. The company's quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.33 earnings per share. Sell-side analysts forecast that Saia, Inc. will post 15.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

SAIA has been the subject of several recent research reports. UBS Group decreased their price target on Saia from $557.00 to $422.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Wells Fargo & Company cut their target price on shares of Saia from $510.00 to $400.00 and set an "equal weight" rating for the company in a research note on Thursday, March 27th. Raymond James dropped their target price on Saia from $540.00 to $455.00 and set an "outperform" rating for the company in a research note on Tuesday, April 8th. Citigroup decreased their price target on shares of Saia from $498.00 to $435.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Finally, Cowen restated a "hold" rating on shares of Saia in a report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, Saia presently has an average rating of "Moderate Buy" and a consensus price target of $484.39.

Insider Activity at Saia

In related news, CEO Frederick J. Holzgrefe III sold 7,534 shares of the firm's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $487.34, for a total value of $3,671,619.56. Following the completion of the transaction, the chief executive officer now owns 17,645 shares of the company's stock, valued at approximately $8,599,114.30. This trade represents a 29.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Kelly W. Benton sold 460 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $500.00, for a total value of $230,000.00. Following the completion of the sale, the chief accounting officer now directly 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. Insiders sold a total of 9,493 shares of company stock worth $4,646,181 in the last quarter. Corporate insiders own 0.30% of the company's stock.

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.