Saia Inc’s recent filing unveils that its EVP IT and CIO Lal Rohit unloaded Company’s shares for reported $0.63 million on Nov 21 ’24. In the deal valued at $560.00 per share,1,120 shares were sold. As a result of this transaction, Lal Rohit now holds 8,270 shares worth roughly $3.89 million.
Then, ROHIT LAL bought 1,120 shares, generating $627,200 in total proceeds.
Before that, SUGAR PATRICK D sold 804 shares. Saia Inc shares valued at $444,470 were divested by the EVP Operations at a price of $552.82 per share. As a result of the transaction, SUGAR PATRICK D now holds 6,671 shares, worth roughly $3.14 million.
Susquehanna downgraded its Saia Inc [SAIA] rating to a Neutral from a a Positive in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Hold”. Wolfe Research also remained covering SAIA and has increased its forecast on October 09, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. Citigroup started covering the stock on October 09, 2024. It rated SAIA as “a Buy”.
Price Performance Review of SAIA
On Monday, Saia Inc [NASDAQ:SAIA] saw its stock fall -2.02% to $470.41. Over the last five days, the stock has lost -5.89%. Saia Inc shares have risen nearly 3.22% since the year began. Nevertheless, the stocks have risen 4.40% over the past one year. While a 52-week high of $628.34 was reached on 02/03/25, a 52-week low of $358.90 was recorded on 01/10/25. SMA at 50 days reached $502.00, while 200 days put it at $455.96.
Levels Of Support And Resistance For SAIA Stock
The 24-hour chart illustrates a support level at 443.82, which if violated will result in even more drops to 417.24. On the upside, there is a resistance level at 514.99. A further resistance level may holdings at 559.58. The Relative Strength Index (RSI) on the 14-day chart is 43.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.29%. Stochastics %K at 49.72% 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 2025-01-15, growing by 25193.0 shares to a total of 1.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.66 million shares. There was a rise of 1.49%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 29, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $416.
