Saia (SAIA) reported second-quarter 2026 revenue of $956.5 million, up 17.1% from the second quarter of 2025. Net income was $94.3 million, compared with $71.4 million a year earlier.
Diluted earnings per share were $3.51, compared with $2.67 in the prior-year quarter. Operating income rose 26.0% to $125.2 million, and the operating ratio improved to 86.9% from 87.8%.
- Second-quarter operating revenue was $956.5 million.
- Net income was $94.3 million, or $3.52 per basic share and $3.51 per diluted share.
- LTL shipments per workday increased 4.4%, while LTL tonnage per workday increased 8.4%.
- Saia ended the quarter with $84.0 million of cash on hand and total debt of $100.1 million.
- Net capital expenditures were $158.0 million during the first six months of 2026.
$SAIA Insider Trading Activity
$SAIA insiders have traded $SAIA stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $SAIA stock by insiders over the last 6 months:
- RAYMOND R RAMU (Exec. VP & Chief Customer Off.) has made 0 purchases and 2 sales selling 5,226 shares for an estimated $2,027,425.
- FREDERICK J III HOLZGREFE (President & CEO) sold 4,775 shares for an estimated $1,856,535
- PATRICK D SUGAR (EVP Operations) sold 2,706 shares for an estimated $1,046,518
- MATTHEW J BATTEH (Chief Financial Officer) has made 0 purchases and 3 sales selling 2,026 shares for an estimated $773,391.
- KELLY W BENTON (VP & CAO) sold 800 shares for an estimated $311,200
- DI-ANN EISNOR sold 500 shares for an estimated $194,939
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SAIA Hedge Fund Activity
We have seen 237 institutional investors add shares of $SAIA stock to their portfolio, and 165 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VIKING GLOBAL INVESTORS LP removed 1,088,582 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $382,397,084
- CAPITAL INTERNATIONAL INVESTORS removed 975,649 shares (-87.5%) from their portfolio in Q1 2026, for an estimated $342,725,980
- PRICE T ROWE ASSOCIATES INC /MD/ added 521,839 shares (+29.0%) to their portfolio in Q1 2026, for an estimated $183,311,603
- WASATCH ADVISORS LP removed 366,107 shares (-51.6%) from their portfolio in Q2 2026, for an estimated $154,189,624
- SLATE PATH CAPITAL LP added 308,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $108,194,239
- HOLOCENE ADVISORS, LP added 268,032 shares (+913.4%) to their portfolio in Q1 2026, for an estimated $94,154,280
- FIL LTD removed 242,500 shares (-38.8%) from their portfolio in Q1 2026, for an estimated $85,185,400
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
