A Director at Saia (NASDAQ: SAIA) is Selling Shares

By Carrie Williams

Today, a Director at Saia (NASDAQ: SAIA), Herbert Trucksess, sold shares of SAIA for $405K.

Following Herbert Trucksess’ last SAIA Sell transaction on May 04, 2016, the stock climbed by 14.9%. In addition to Herbert Trucksess, 3 other SAIA executives reported Sell trades in the last month.

The company has a one year high of $42.35 and a one year low of $18.28. SAIA’s market cap is $1.02B and the company has a P/E ratio of 21.63. Currently, Saia has an average volume of 173.5K.

The insider sentiment on Saia has been negative according to 22 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Saia, Inc. operates as a transportation holding company, that provides a wide range of less-than-truckload, non-asset truckload, expedited and logistics services through its wholly-owned subsidiaries across the United States. It operates in a single segment with four operating subsidiaries, Saia Motor Freight Line, LLC, Saia TL Plus, Inc., Saia Sales, LLC and Saia Logistics Services, LLC. The company was founded in 1924 and is headquartered in Johns Creek, GA.