CAI International, Inc. (NYSE:CAI) CFO Timothy B. Page sold 10,184 shares of the firm’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $33.06, for a total value of $336,683.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

CAI International, Inc. (NYSE CAI) traded down $0.38 during midday trading on Monday, hitting $30.08. The stock had a trading volume of 308,421 shares, compared to its average volume of 193,887. The company has a debt-to-equity ratio of 2.91, a current ratio of 0.39 and a quick ratio of 0.39. CAI International, Inc. has a 1 year low of $8.41 and a 1 year high of $40.11. The company has a market capitalization of $586.91, a P/E ratio of 17.61, a P/E/G ratio of 1.44 and a beta of 2.25.

CAI International (NYSE:CAI) last posted its quarterly earnings data on Thursday, October 19th. The transportation company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.70 by $0.20. CAI International had a return on equity of 7.11% and a net margin of 10.93%. The firm had revenue of $90.16 million for the quarter, compared to the consensus estimate of $89.43 million. During the same quarter last year, the company earned $0.16 earnings per share. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. analysts forecast that CAI International, Inc. will post 2.64 EPS for the current fiscal year.

Several research analysts have recently commented on the company. Cowen raised CAI International from a “market perform” rating to an “outperform” rating and raised their price objective for the stock from $34.00 to $46.00 in a research note on Monday, October 23rd. ValuEngine downgraded CAI International from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. William Blair reaffirmed an “outperform” rating on shares of CAI International in a research note on Friday, October 20th. Wells Fargo & Company raised their price objective on CAI International from $26.00 to $32.00 and gave the stock a “market perform” rating in a research note on Friday, October 20th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $40.00 price objective on shares of CAI International in a research note on Friday, October 20th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $35.80.

Several hedge funds and other institutional investors have recently bought and sold shares of CAI. Citadel Advisors LLC raised its stake in CAI International by 3.2% during the 2nd quarter. Citadel Advisors LLC now owns 11,245 shares of the transportation company’s stock valued at $265,000 after purchasing an additional 347 shares during the period. California Public Employees Retirement System raised its stake in CAI International by 2.2% during the 3rd quarter. California Public Employees Retirement System now owns 119,251 shares of the transportation company’s stock valued at $3,616,000 after purchasing an additional 2,551 shares during the period. Brandywine Global Investment Management LLC raised its stake in CAI International by 41.1% during the 2nd quarter. Brandywine Global Investment Management LLC now owns 10,204 shares of the transportation company’s stock valued at $241,000 after purchasing an additional 2,974 shares during the period. Bank of New York Mellon Corp raised its stake in CAI International by 5.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 63,750 shares of the transportation company’s stock valued at $1,933,000 after purchasing an additional 3,094 shares during the period. Finally, Nationwide Fund Advisors raised its stake in CAI International by 23.0% during the 2nd quarter. Nationwide Fund Advisors now owns 17,088 shares of the transportation company’s stock valued at $403,000 after purchasing an additional 3,200 shares during the period. 69.10% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: This article was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another publication, it was illegally copied and reposted in violation of international copyright and trademark legislation. The original version of this article can be read at https://www.thecerbatgem.com/2017/12/11/timothy-b-page-sells-10184-shares-of-cai-international-inc-cai-stock.html.

CAI International Company Profile

CAI International, Inc is a transportation finance and logistics company. The Company purchases equipment, primarily intermodal shipping containers and railcars, which it leases to its customers, and also manages equipment for third-party investors. The Company operates through three segments: container leasing, rail leasing and logistics.

Insider Buying and Selling by Quarter for CAI International (NYSE:CAI)

Receive News & Stock Ratings for CAI International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CAI International Inc. and related stocks with our FREE daily email newsletter.