Roadrunner Transportation Systems Inc (NYSE:RRTS) insider Michael L. Gettle purchased 32,000 shares of the business’s stock in a transaction that occurred on Friday, November 9th. The stock was bought at an average price of $0.62 per share, for a total transaction of $19,840.00. Following the acquisition, the insider now owns 265,070 shares of the company’s stock, valued at $164,343.40. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

NYSE:RRTS traded up $0.02 during trading hours on Tuesday, hitting $0.64. The company had a trading volume of 603,800 shares, compared to its average volume of 691,425. Roadrunner Transportation Systems Inc has a 52 week low of $0.41 and a 52 week high of $8.77. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 25.38.

Roadrunner Transportation Systems (NYSE:RRTS) last released its quarterly earnings results on Wednesday, November 7th. The transportation company reported ($1.08) earnings per share for the quarter, missing the consensus estimate of $0.31 by ($1.39). The company had revenue of $536.58 million during the quarter. Roadrunner Transportation Systems had a negative net margin of 5.86% and a negative return on equity of 201.13%.

Separately, ValuEngine cut shares of Roadrunner Transportation Systems from a “hold” rating to a “sell” rating in a report on Saturday, October 27th.

A number of institutional investors have recently made changes to their positions in the business. Nantahala Capital Management LLC purchased a new position in Roadrunner Transportation Systems during the second quarter valued at $5,331,000. Millennium Management LLC lifted its position in Roadrunner Transportation Systems by 698.0% during the second quarter. Millennium Management LLC now owns 1,017,441 shares of the transportation company’s stock valued at $2,126,000 after buying an additional 889,936 shares during the period. Amica Mutual Insurance Co. lifted its position in Roadrunner Transportation Systems by 30.5% during the third quarter. Amica Mutual Insurance Co. now owns 703,745 shares of the transportation company’s stock valued at $588,000 after buying an additional 164,369 shares during the period. Amica Pension Fund Board of Trustees lifted its position in Roadrunner Transportation Systems by 30.5% during the third quarter. Amica Pension Fund Board of Trustees now owns 632,361 shares of the transportation company’s stock valued at $529,000 after buying an additional 147,854 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Roadrunner Transportation Systems by 6.5% during the first quarter. JPMorgan Chase & Co. now owns 443,149 shares of the transportation company’s stock valued at $1,126,000 after buying an additional 26,966 shares during the period. 58.02% of the stock is owned by institutional investors and hedge funds.

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Roadrunner Transportation Systems Company Profile

Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. The company operates through three segments: Truckload Logistics (TL), Less-than-Truckload (LTL), and Ascent Global Logistics. The TL segment arranges pickup and delivery of truckload, intermodal, and ground and air expedited freight through its 41 TL service centers, 40 company brokers, and approximately 90 independent brokerage agents in the United States, Mexico, and Canada.

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