Usa Truck Inc (USAK): Thomas M Glaser , director of Usa Truck Inc purchased 2,493 shares on Jun 6, 2016. The Insider buying transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were purchased at $19.85 per share for a total value of $49,485.05 , 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 16, 2016, Barbara J Faulkenberry (director) purchased 20 shares at $19.92 per share price.On May 11, 2016, Mary Susan Chambers (director) purchased 1,000 shares at $20.07 per share price.Also, On May 28, 2015, Russell Allen Overla (Exec VP, Truckload Operations) purchased 775 shares at $23.20 per share price.On Mar 10, 2015, John Simone (CEO) sold 18,300 shares at $29.00 per share price.
USA Truck: On Friday, Jun 3, 2016 heightened volatility was witnessed in USA Truck which led to swings in the share price. The shares opened for trading at $19.84 and hit $20.2 on the upside , eventually ending the session at $19.99, with a gain of 1.22% or 0.24 points. The heightened volatility saw the trading volume jump to 56,624 shares. The 52-week high of the share price is $24.93 and the company has a market cap of $184 M . The 52-week low of the share price is at $11.58.
Company has been under the radar of several Street Analysts.USA Truck is Reiterated by Cowen to Outperform and the brokerage firm has raised the Price Target to $ 26 from a previous price target of $20 .The Rating was issued on May 6, 2016.USA Truck is Downgraded by Stifel to Sell. Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 7, 2016.USA Truck is Initiated by Stifel to Hold. The Rating was issued on Mar 23, 2016.
USA Truck Inc. offers a range of truckload and logistics services to a diversified customer base that spans a variety of industries. The Company operates through two segments: Trucking and Strategic Capacity Solutions (SCS). Trucking segment comprises the Company’s truckload and dedicated freight service offerings. SCS segment consists of the Company’s freight brokerage and rail intermodal service offerings. It transports commodities throughout the continental United States and into and out of portions of Canada. It also transports general commodities into and out of Mexico by allowing through-trailer service from its terminal in Laredo Texas. The Company’s fleet includes approximately 1987 tractors (including tractors owned by independent contractors). It primarily operates in the United States and also has operations in Mexico and Canada.