Hub Group Inc (HUBG): James Gaw , EVP Sales of Hub Group Inc sold 60,000 shares on Aug 14, 2014. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $44.06 per share for a total value of $2,594,482.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 10, 2016, Martin P Slark (director) purchased 10,000 shares at $34.88 per share price.On Nov 20, 2015, Christopher R Kravas (Chief Marketing Officer) sold 2,000 shares at $38.96 per share price.Also, On Aug 3, 2015, Charles R Reaves (director) sold 6,000 shares at $42.48 per share price.On Feb 27, 2015, Mark A Yeager (Vice Chairman, President & COO) sold 25,000 shares at $40.00 per share price.
Hub Group Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Hub Group Inc which led to swings in the share price. The shares opened for trading at $39.5 and hit $40.6 on the upside , eventually ending the session at $40.21, with a gain of 1.31% or 0.52 points. The heightened volatility saw the trading volume jump to 2,04,672 shares. The 52-week high of the share price is $44 and the company has a market cap of $1,403 M . The 52-week low of the share price is at $28.19.
Company has been under the radar of several Street Analysts.Hub Group Inc is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 40 from a previous price target of $35 .The Rating was issued on Apr 27, 2016.Hub Group Inc is Downgraded by BB&T Capital Mkts to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 25, 2016.Hub Group Inc is Downgraded by Stifel to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 7, 2016.
Hub Group Inc. is an asset-light freight transportation management company. The Company is an intermodal marketing company (IMC) in the United States a truck broker and a full service transportation provider. The Company operates through two business segments namely Mode and Hub. The Mode segment markets and operates its freight transportation services primarily through its network of independent business owners (IBOs) who enter into contracts with Mode. The Hub segment provides intermodal truck brokerage and logistics services through a network of operating centers throughout the United States Canada and Mexico. The Company arranges freight movement for its customers through transportation carriers and equipment providers. The Companys transportation services for both the Hub and the Mode segments can be classified into three categories namely intermodal truck brokerage (highway services) and logistics and other services.