According to a recent SEC filing, President & CEO HOLZGREFE FREDERICK J III has sold 7,500 shares of Saia Inc (NASDAQ:SAIA), a leading transportation company that provides a variety of less-than-truckload, non-asset truckload, and logistic services. The transaction occurred on February 6, 2024, and was executed at a stock price of $533.46 per share.
Over the past year, the insider has sold a total of 20,088 shares of Saia Inc and has not made any purchases of the stock. This latest transaction continues a trend of insider selling at the company, with a total of 17 insider sells and no insider buys reported over the same timeframe.
Saia Inc's market cap stands at $14.23 billion, reflecting the company's substantial size within the transportation industry. The stock's price-earnings ratio is currently 40.39, which is above both the industry median of 13.71 and the company's historical median price-earnings ratio.
The stock's current trading price of $533.46, when compared to the GuruFocus Value (GF Value) of $337.20, results in a price-to-GF-Value ratio of 1.58. This indicates that Saia Inc is significantly overvalued based on its GF Value.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above provides a visual representation of the selling and buying activities of insiders at Saia Inc over the past year.
The GF Value image above illustrates the disparity between the current stock price and the estimated intrinsic value, suggesting that the stock may be overvalued at present.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
