Saia Inc’s filing revealed that its Chief Financial Officer Batteh Matthew J unloaded Company’s shares for reported $0.35 million on Feb 18 ’25. In the deal valued at $500.09 per share,700 shares were sold. As a result of this transaction, Batteh Matthew J now holds 3,326 shares worth roughly $1.35 million.
Then, Benton Kelly W sold 460 shares, generating $230,000 in total proceeds. Upon selling the shares at $500.00, the VP & CAO now owns 4,287 shares.
Before that, MATTHEW J. BATTEH bought 700 shares. Saia Inc shares valued at $350,064 were divested by the Officer at a price of $500.09 per share.
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 Friday, Saia Inc [NASDAQ:SAIA] saw its stock fall -10.41% to $406.65. Over the last five days, the stock has lost -15.67%. Saia Inc shares have fallen nearly -10.77% since the year began. Nevertheless, the stocks have fallen -23.19% over the past one year. While a 52-week high of $628.34 was reached on 02/06/25, a 52-week low of $358.90 was recorded on 02/21/25. SMA at 50 days reached $485.66, while 200 days put it at $456.42.
Levels Of Support And Resistance For SAIA Stock
The 24-hour chart illustrates a support level at 379.45, which if violated will result in even more drops to 352.26. On the upside, there is a resistance level at 442.04. A further resistance level may holdings at 477.44. The Relative Strength Index (RSI) on the 14-day chart is 31.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -34.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.36%. Stochastics %K at 12.38% indicates the stock is a buying.
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.
