On February 13, 2024, Executive VP, CFO & Secretary Douglas Col executed a sale of 1,812 shares of Saia Inc (SAIA, Financial), according to a recent SEC Filing. The transaction was carried out at an average price of $557.75 per share, resulting in a total sale amount of $1,010,983.
Saia Inc is a transportation company that provides a variety of less-than-truckload (LTL), non-asset truckload, and logistic services across the United States. The company is known for its regional and interregional LTL, as well as time-definite delivery services.
Over the past year, the insider has sold a cumulative total of 5,878 shares of Saia Inc and has not made any share purchases. This latest transaction continues a pattern of sales by the insider, with no insider buys reported over the same period.
The insider transaction history for Saia Inc shows a total of 18 insider sells and no insider buys over the past year.
On the date of the insider's recent sale, Saia Inc's shares were trading at $557.75, giving the company a market capitalization of $14.932 billion. The price-earnings ratio stood at 42.39, which is above both the industry median of 13.86 and the company's historical median price-earnings ratio.
The stock's price-to-GF-Value ratio was 1.64, indicating that Saia Inc was significantly overvalued according to the GF Value, which was set at $339.28. The GF Value is an intrinsic value estimate that takes into account historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
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.
