In a filing, Saia Inc. revealed its Exec. VP & Chief Customer Off. RAMU RAYMOND R unloaded Company’s shares for reported $0.33 million on Sep 09 ’24. In the deal valued at $407.70 per share,820 shares were sold. As a result of this transaction, RAMU RAYMOND R now holds 3,253 shares worth roughly $1.5 million.
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Then, RAYMOND R. RAMU bought 820 shares, generating $334,311 in total proceeds.
Before that, GAINOR JOHN P JR bought 382 shares. Saia Inc. shares valued at $149,960 were divested by the Director at a price of $392.56 per share. As a result of the transaction, GAINOR JOHN P JR now holds 1,282 shares, worth roughly $0.59 million.
Stifel downgraded its Saia Inc. [SAIA] rating to a Hold from a a Buy in a research note published on October 21, 2024; the price target was decreased to $437 from $440. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early October from “a Peer perform” to “an Outperform”. Citigroup began covering SAIA with “Buy” recommendation on October 09, 2024. TD Cowen maintained its rating on July 29, 2024. It rated SAIA as “a Hold”.
Price Performance Review of SAIA
On Friday, Saia Inc. [NASDAQ:SAIA] saw its stock jump 11.39% to $461.65. Over the last five days, the stock has gained 5.72%. Saia Inc. shares have risen nearly 5.35% since the year began. Nevertheless, the stocks have risen 24.63% over the past one year. While a 52-week high of $628.34 was reached on 03/06/24, a 52-week low of $341.26 was recorded on 08/05/24. SMA at 50 days reached $422.76, while 200 days put it at $468.65.
Levels Of Support And Resistance For SAIA Stock
The 24-hour chart illustrates a support level at 431.94, which if violated will result in even more drops to 402.23. On the upside, there is a resistance level at 480.35. A further resistance level may holdings at 499.05. The Relative Strength Index (RSI) on the 14-day chart is 58.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.09%. Stochastics %K at 29.34% indicates the stock is a holding.
How much short interest is there in Saia Inc.?
A steep rise in short interest was recorded in Saia Inc. stocks on 2024-10-15, dropping by -0.25 million shares to a total of 1.96 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 2.21 million shares. There was a decline of -12.72%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 07, 2024 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $445 price target.
