Roadrunner Transportation Systems, Inc. (RRTS) Files Form 4 Insider Buying : Curtis W Stoelting Buys 14,100 Shares

Roadrunner Transportation Systems, Inc. (RRTS): Curtis W Stoelting , COO of Roadrunner Transportation Systems, Inc. purchased 14,100 shares on May 12, 2016. The Insider buying transaction was reported by the company on May 13, 2016 to the Securities and Exchange Commission. The shares were purchased at $7.93 per share for a total value of $111,882.09 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 12, 2016, Curtis W Stoelting (COO) purchased 35,600 shares at $8.18 per share price.On Feb 12, 2016, Peter R. Armbruster (CFO) purchased 5,000 shares at $10.46 per share price.Also, On Feb 12, 2016, Judith A. Vijums (VP and Asst. Secretary) purchased 5,000 shares at $10.03 per share price.On Feb 12, 2016, Scott D Rued (director officer 10% owner (Chairman of the Board) purchased 30,000 shares at $10.34 per share price.

Roadrunner Transportation Systems Inc: On Tuesday, May 10, 2016 heightened volatility was witnessed in Roadrunner Transportation Systems Inc which led to swings in the share price. The shares opened for trading at $8.21 and hit $8.28 on the upside , eventually ending the session at $8.24, with a gain of 1.60% or 0.13 points. The heightened volatility saw the trading volume jump to 4,80,897 shares. The 52-week high of the share price is $28.51 and the company has a market cap of $315 M . The 52-week low of the share price is at $6.39.

Roadrunner Transportation Systems Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Roadrunner Transportation Systems Inc is Downgraded by KeyBanc Capital Mkts to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on May 5, 2016.Roadrunner Transportation Systems Inc is Reiterated by Stifel to Buy while Lowering the Price Target of the company shares to $ 14 from a previous price target of $17 . The Rating was issued on May 5, 2016.Roadrunner Transportation Systems Inc is Downgraded by BB&T Capital Mkts to Underweight. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on May 5, 2016.Roadrunner Transportation Systems Inc is Upgraded by Stifel to Buy and the brokerage firm has set the Price Target at $17. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Feb 16, 2016.

Roadrunner Transportation Systems Inc. (RRTS) is an asset-light transportation and logistics service provider offering a suite of solutions including truckload logistics customized and expedited less-than-truckload transportation management solutions intermodal solutions (transporting a shipment by more than one mode primarily via rail and truck) freight consolidation inventory management on-demand expedited services international freight forwarding customs brokerage and global supply chain solutions. The Company operates in three segments: Truckload Logistics which offers temperature-controlled dry van intermodal drayage and flatbed services; Less-than-Truckload which involves the pickup consolidation linehaul deconsolidation and delivery of LTL shipments and Transportation Management Solutions which offers a one-stop domestic and international transportation and logistics solution.

Leave a Reply

Roadrunner Transportation Systems Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Roadrunner Transportation Systems Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.