Saia, Inc. (NASDAQ:SAIA) Sees Large Decrease in Short Interest

02 Feb 2026, 14:25 by Doug Wharley · The Cerbat Gem

Saia, Inc. (NASDAQ:SAIA – Get Free Report) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 1,518,889 shares, a decline of 25.5% from the December 31st total of 2,037,531 shares. Based on an average trading volume of 465,167 shares, the short-interest ratio is currently 3.3 days. Currently, 5.7% of the company’s shares are sold short. Currently, 5.7% of the company’s shares are sold short. Based on an average trading volume of 465,167 shares, the short-interest ratio is currently 3.3 days.

Saia Price Performance

Shares of Saia stock traded up $32.33 on Monday, hitting $367.20. The company had a trading volume of 682,421 shares, compared to its average volume of 478,842. The company has a market cap of $9.78 billion, a PE ratio of 34.74 and a beta of 2.09. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.68 and a quick ratio of 1.68. Saia has a 52 week low of $229.12 and a 52 week high of $538.03. The business has a 50-day simple moving average of $334.60 and a 200-day simple moving average of $310.37.

Saia (NASDAQ:SAIA – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The transportation company reported $2.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.28. The company had revenue of $839.64 million during the quarter, compared to the consensus estimate of $824.06 million. Saia had a return on equity of 11.32% and a net margin of 8.77%.The firm’s revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.46 EPS. Research analysts expect that Saia will post 15.46 EPS for the current fiscal year.

Insider Buying and Selling at Saia

In other Saia news, VP Raymond R. Ramu sold 1,000 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $266.57, for a total value of $266,570.00. Following the completion of the sale, the vice president directly owned 4,902 shares in the company, valued at approximately $1,306,726.14. This represents a 16.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Donna E. Epps purchased 422 shares of the business’s stock in a transaction dated Wednesday, November 26th. The shares were purchased at an average price of $277.60 per share, for a total transaction of $117,147.20. Following the purchase, the director owned 1,852 shares of the company’s stock, valued at approximately $514,115.20. This trade represents a 29.51% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.30% of the company’s stock.

Hedge Funds Weigh In On Saia

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Viking Global Investors LP bought a new stake in shares of Saia in the second quarter worth about $226,770,000. Invesco Ltd. increased its stake in Saia by 1,300.4% in the 3rd quarter. Invesco Ltd. now owns 701,418 shares of the transportation company’s stock valued at $209,976,000 after buying an additional 651,332 shares during the last quarter. Alliancebernstein L.P. raised its position in shares of Saia by 35.4% in the third quarter. Alliancebernstein L.P. now owns 2,273,396 shares of the transportation company’s stock valued at $680,564,000 after purchasing an additional 594,674 shares during the period. Norges Bank acquired a new position in shares of Saia during the 2nd quarter worth approximately $103,599,000. Finally, First Trust Advisors LP increased its holdings in Saia by 141.3% in the 3rd quarter. First Trust Advisors LP now owns 557,129 shares of the transportation company’s stock valued at $166,782,000 after buying an additional 326,206 shares during the period.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Barclays increased their target price on Saia from $350.00 to $380.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Wall Street Zen cut Saia from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Benchmark restated a “buy” rating on shares of Saia in a research report on Wednesday, December 3rd. Wolfe Research reiterated a “peer perform” rating on shares of Saia in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. increased their target price on shares of Saia from $349.00 to $365.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Ten analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, Saia currently has a consensus rating of “Hold” and an average price target of $345.35.

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About Saia

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Saia, Inc is a publicly traded transportation company specializing in less-than-truckload (LTL) freight services across North America. Headquartered in Johns Creek, Georgia, the company focuses on the efficient movement of time-sensitive freight for a diverse customer base that spans retail, manufacturing, automotive, and healthcare industries. By leveraging a network of terminals and service centers, Saia provides tailored solutions designed to optimize supply chain performance.