Director John P Gainor Jr purchases 382 SAIA shares at $392.56; stock down -37.6% from 52-week high and -18.6% in 30 days.
Director Gainor increased his SAIA holdings by 42.4% with a $149,959.83 purchase at $392.56 on 2024-08-01, raising his total to 1,282 shares. This comes as the stock has declined substantially—down 37.6% from its 52-week high of $605.92 and 18.6% over the past 30 days—creating a materially lower entry point than his prior May 2024 purchase. Gainor's cross-ticker track record shows 1 prior buy with a 100% 90-day win rate (averaging +2.7% returns), and his single prior SAIA purchase in May also yielded positive 90-day returns (+2.7%). The company fundamentals remain solid with $823.2M in latest quarterly revenue, $102.5M net income, and a $10.0B market cap, though the P/E of 26.39 reflects current valuation pressures.