Roadrunner Transportation Systems Inc (NYSE:RRTS) Director J Landis Martin Buys 16,300 Shares

Share on StockTwits

Roadrunner Transportation Systems Inc (NYSE:RRTS) Director J Landis Martin purchased 16,300 shares of the stock in a transaction on Tuesday, July 23rd. The shares were acquired at an average price of $127.33 per share, for a total transaction of $2,075,479.00.

NYSE:RRTS opened at $12.09 on Thursday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.03 and a current ratio of 1.03. The company has a fifty day moving average of $9.18 and a two-hundred day moving average of $7.98. The stock has a market capitalization of $369.22 million, a PE ratio of -0.12 and a beta of 1.48. Roadrunner Transportation Systems Inc has a fifty-two week low of $7.30 and a fifty-two week high of $36.75.

Several analysts have commented on RRTS shares. Zacks Investment Research lowered Roadrunner Transportation Systems from a “hold” rating to a “sell” rating in a report on Wednesday, July 24th. ValuEngine raised Roadrunner Transportation Systems from a “hold” rating to a “buy” rating in a research note on Thursday, August 1st. Finally, Stifel Nicolaus set a $14.00 target price on Roadrunner Transportation Systems and gave the company a “hold” rating in a research report on Tuesday, May 28th.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. SG3 Management LLC acquired a new stake in shares of Roadrunner Transportation Systems in the first quarter valued at about $11,235,000. Amica Retiree Medical Trust increased its stake in shares of Roadrunner Transportation Systems by 2,313.8% during the first quarter. Amica Retiree Medical Trust now owns 1,923,384 shares of the transportation company’s stock worth $808,000 after purchasing an additional 1,843,701 shares in the last quarter. NJ State Employees Deferred Compensation Plan purchased a new stake in shares of Roadrunner Transportation Systems during the second quarter worth about $611,000. Tower Research Capital LLC TRC acquired a new position in shares of Roadrunner Transportation Systems during the 2nd quarter worth about $44,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Roadrunner Transportation Systems during the 2nd quarter worth about $159,000. 94.70% of the stock is currently owned by institutional investors and hedge funds.

About Roadrunner Transportation Systems

Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. The company operates through three segments: Truckload & Express Services (TES), Less-than-Truckload (LTL), and Ascent Global Logistics. The TES segment provides air and ground expedite, scheduled truckload, intermodal, temperature-controlled truckload, and other truckload and logistics services; and arranges the pickup and delivery of TES freight through its 35 TES service centers in the United States.

Recommended Story: What is the downside to momentum investing?

Insider Buying and Selling by Quarter for Roadrunner Transportation Systems (NYSE:RRTS)

Receive News & Ratings for Roadrunner Transportation Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roadrunner Transportation Systems and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Nanometrics  Lifted to Hold at BidaskClub
Nanometrics Lifted to Hold at BidaskClub
Nasdaq  Downgraded by BidaskClub
Nasdaq Downgraded by BidaskClub
NetScout Systems  Raised to “Hold” at BidaskClub
NetScout Systems Raised to “Hold” at BidaskClub
Intellia Therapeutics  Raised to Hold at BidaskClub
Intellia Therapeutics Raised to Hold at BidaskClub
Northern Trust  Lifted to “Hold” at BidaskClub
Northern Trust Lifted to “Hold” at BidaskClub
Liberty Latin America  Upgraded at BidaskClub
Liberty Latin America Upgraded at BidaskClub


© 2006-2019 Ticker Report