Roadrunner Transportation Systems Inc (NYSE:RRTS) major shareholder International L.P. Elliott purchased 1,253 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were acquired at an average cost of $10.26 per share, with a total value of $12,855.78. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

International L.P. Elliott also recently made the following trade(s):

  • On Monday, November 4th, International L.P. Elliott purchased 668 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $11.54 per share, with a total value of $7,708.72.
  • On Friday, November 1st, International L.P. Elliott purchased 515 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $11.34 per share, with a total value of $5,840.10.
  • On Wednesday, October 30th, International L.P. Elliott purchased 205 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $11.46 per share, with a total value of $2,349.30.
  • On Monday, October 28th, International L.P. Elliott purchased 276 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $11.74 per share, with a total value of $3,240.24.
  • On Friday, October 25th, International L.P. Elliott purchased 594 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $11.61 per share, with a total value of $6,896.34.
  • On Wednesday, October 23rd, International L.P. Elliott purchased 743 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $11.75 per share, with a total value of $8,730.25.
  • On Monday, October 21st, International L.P. Elliott purchased 1,046 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $11.34 per share, with a total value of $11,861.64.
  • On Friday, October 18th, International L.P. Elliott purchased 1,558 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $10.70 per share, with a total value of $16,670.60.
  • On Wednesday, October 16th, International L.P. Elliott purchased 429 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $10.32 per share, with a total value of $4,427.28.
  • On Monday, October 14th, International L.P. Elliott purchased 1,458 shares of Roadrunner Transportation Systems stock. The shares were acquired at an average cost of $10.24 per share, with a total value of $14,929.92.

Shares of RRTS stock opened at $9.56 on Friday. Roadrunner Transportation Systems Inc has a 12 month low of $7.30 and a 12 month high of $18.75. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a market capitalization of $408.36 million, a P/E ratio of -0.10 and a beta of 1.53. The company’s fifty day moving average price is $10.45 and its two-hundred day moving average price is $10.04.

Roadrunner Transportation Systems (NYSE:RRTS) last issued its quarterly earnings data on Wednesday, August 7th. The transportation company reported ($0.89) EPS for the quarter. Roadrunner Transportation Systems had a negative return on equity of 111.48% and a negative net margin of 12.95%. The firm had revenue of $480.69 million during the quarter, compared to analyst estimates of $531.50 million. On average, sell-side analysts anticipate that Roadrunner Transportation Systems Inc will post -2.49 EPS for the current year.

A number of hedge funds have recently modified their holdings of the business. NJ State Employees Deferred Compensation Plan acquired a new position in Roadrunner Transportation Systems in the 2nd quarter worth $611,000. JPMorgan Chase & Co. acquired a new position in Roadrunner Transportation Systems in the 2nd quarter worth $159,000. Finally, Tower Research Capital LLC TRC acquired a new position in Roadrunner Transportation Systems in the 2nd quarter worth $44,000. Hedge funds and other institutional investors own 94.69% of the company’s stock.

A number of analysts recently weighed in on RRTS shares. ValuEngine cut shares of Roadrunner Transportation Systems from a “hold” rating to a “sell” rating in a research report on Friday, October 25th. Zacks Investment Research upgraded shares of Roadrunner Transportation Systems from a “sell” rating to a “strong-buy” rating and set a $13.00 price objective on the stock in a report on Wednesday, October 23rd.

About Roadrunner Transportation Systems

Roadrunner Transportation Systems, Inc provides asset-right transportation and asset-light logistics services. The company operates through three segments: Truckload & Express Services (TES), Less-than-Truckload (LTL), and Ascent Global Logistics. The TES segment provides air and ground expedite, scheduled truckload, intermodal, temperature-controlled truckload, and other truckload and logistics services; and arranges the pickup and delivery of TES freight through its 35 TES service centers in the United States.

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Insider Buying and Selling by Quarter for Roadrunner Transportation Systems (NYSE:RRTS)

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