Jennison Associates reduced its Saia Inc stake by 6.1% in Q1, selling 12,927 shares; institutional investors also adjusted their stakes.

Jennison Associates reduced its stake in Saia Inc (NASDAQ:SAIA) by 6.1% in Q1, holding 198,746 shares after selling 12,927 shares. Institutional investors, including Vanguard, Capital Research, Artisan Partners, VN Investment Management, and Wasatch Advisors, have made adjustments to their stakes in the transportation company. Saia reported a 14.3% revenue increase to $754.80mn in Q1, but missed EPS estimates by $0.05.

July 09, 2024
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