USA Truck, Inc. (NASDAQ:USAK) EVP Timothy W. Guin acquired 10,000 shares of USA Truck stock in a transaction dated Thursday, August 1st. The shares were acquired at an average price of $8.17 per share, with a total value of $81,700.00. Following the completion of the transaction, the executive vice president now owns 52,687 shares of the company’s stock, valued at approximately $430,452.79. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
USAK opened at $8.60 on Thursday. The firm has a market capitalization of $72.25 million, a P/E ratio of 5.51 and a beta of 1.47. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.00 and a quick ratio of 0.99. USA Truck, Inc. has a 1-year low of $7.95 and a 1-year high of $23.44. The business has a 50 day moving average price of $9.30.
USA Truck (NASDAQ:USAK) last released its earnings results on Thursday, July 25th. The transportation company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.22). The firm had revenue of $133.62 million during the quarter, compared to analyst estimates of $138.20 million. USA Truck had a return on equity of 14.27% and a net margin of 1.87%. As a group, research analysts predict that USA Truck, Inc. will post 1.14 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in USAK. Eidelman Virant Capital bought a new position in shares of USA Truck in the second quarter valued at $101,000. Bank of America Corp DE increased its holdings in shares of USA Truck by 60.2% in the fourth quarter. Bank of America Corp DE now owns 9,336 shares of the transportation company’s stock valued at $139,000 after buying an additional 3,508 shares in the last quarter. Campbell & CO Investment Adviser LLC increased its holdings in shares of USA Truck by 45.3% in the second quarter. Campbell & CO Investment Adviser LLC now owns 21,037 shares of the transportation company’s stock valued at $213,000 after buying an additional 6,560 shares in the last quarter. Callahan Advisors LLC increased its holdings in shares of USA Truck by 13.8% in the second quarter. Callahan Advisors LLC now owns 29,596 shares of the transportation company’s stock valued at $299,000 after buying an additional 3,600 shares in the last quarter. Finally, Spark Investment Management LLC increased its holdings in shares of USA Truck by 104.4% in the first quarter. Spark Investment Management LLC now owns 24,115 shares of the transportation company’s stock valued at $348,000 after buying an additional 12,315 shares in the last quarter. Hedge funds and other institutional investors own 78.48% of the company’s stock.
About USA Truck
USA Truck, Inc operates as a truckload carrier in the United States, Mexico, and Canada. The company operates through two segments, Trucking and USAT Logistics. The Trucking segment offers truckload motor carrier services as a medium to long-haul common and contract carrier; and dedicated freight services.
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