Saia jumps as analyst action and pre-earnings positioning lift sentiment

Saia, Inc. (SAIA) is up 6.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears most closely tied to a fresh analyst price-target increase published late Wednesday, which likely improved near-term sentiment after a choppy period for LTL carriers. With earnings approaching later this month, traders may also be repositioning into the print, amplifying the upside move.

Details:

An analyst note published after the close on April 15, 2026, raised SAIA’s price target to $381, which can act as a near-term catalyst for buyers.

SAIA’s next quarterly earnings report is scheduled for April 30, 2026 (before market open), which can increase volatility and drive “risk-on” positioning into the event.

Recent company-provided early-2026 LTL operating metrics highlighted year-over-year pressure in tonnage and weight per shipment, keeping the stock sensitive to any shift in expectations around demand and margins.

This could also be a sympathy move with broader transportation/LTL stocks if the group was stronger in today’s session, even without a single company-specific headline.

Sources:

StreetInsider, Benzinga, TipRanks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$SAIA Insider Trading Activity

$SAIA insiders have traded $SAIA stock on the open market 14 times in the past 6 months. Of those trades, 1 have been purchases and 13 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 3 sales selling 6,226 shares for an estimated $2,293,995.
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) has made 0 purchases and 2 sales selling 1,800 shares for an estimated $625,627.
DI-ANN EISNOR has made 0 purchases and 2 sales selling 797 shares for an estimated $294,948.
DONNA E EPPS has made 1 purchase buying 422 shares for an estimated $117,145 and 1 sale selling 422 shares for an estimated $117,075.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

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$SAIA Hedge Fund Activity

We have seen 196 institutional investors add shares of $SAIA stock to their portfolio, and 231 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 493,938 shares (-75.0%) from their portfolio in Q4 2025, for an estimated $161,280,635
CARTENNA CAPITAL, LP removed 315,000 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $102,853,800
CAPITAL INTERNATIONAL INVESTORS removed 303,638 shares (-21.4%) from their portfolio in Q4 2025, for an estimated $99,143,879
VIKING GLOBAL INVESTORS LP removed 295,306 shares (-21.3%) from their portfolio in Q4 2025, for an estimated $96,423,315
INVESCO LTD. added 222,494 shares (+31.7%) to their portfolio in Q4 2025, for an estimated $72,648,740
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 205,872 shares (-73.1%) from their portfolio in Q4 2025, for an estimated $67,221,325
FREESTONE GROVE PARTNERS LP removed 188,083 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $61,412,861

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$SAIA Analyst Ratings

Wall Street analysts have issued reports on $SAIA in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Barclays issued a "Overweight" rating on 01/15/2026
Citigroup issued a "Buy" rating on 10/31/2025
JP Morgan issued a "Overweight" rating on 10/31/2025

To track analyst ratings and price targets for $SAIA, check out Quiver Quantitative's $SAIA forecast page.

$SAIA Price Targets

Multiple analysts have issued price targets for $SAIA recently. We have seen 13 analysts offer price targets for $SAIA in the last 6 months, with a median target of $400.0.

Here are some recent targets:

J. Bruce Chan from Stifel set a target price of $381.0 on 04/16/2026
Jonathan Chappell from Evercore ISI Group set a target price of $365.0 on 03/27/2026
Ken Hoexter from B of A Securities set a target price of $429.0 on 03/04/2026
Bascome Majors from Susquehanna set a target price of $425.0 on 02/11/2026
Fadi Chamoun from BMO Capital set a target price of $415.0 on 02/11/2026
Christopher Kuhn from Benchmark set a target price of $400.0 on 02/11/2026
Ariel Rosa from Citigroup set a target price of $442.0 on 02/11/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.