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Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: May 11, 2024

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., May 07, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on June 28, 2024 to stockholders of record at the close of business on June 14, 2024. This is Marten’s 56th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $241.9 million in cash dividends, including special dividends totaling $134.9 million in 202...

 PRESS RELEASE

Chemed Corporation to Present at the Bank of America Securities Health...

CINCINNATI--(BUSINESS WIRE)-- Chemed Corporation (NYSE:CHE) today announced that it will deliver a presentation at the Bank of America Securities Health Care Conference 2024 on Tuesday, May 14, 2024, at 1:40 PM (PDT) at the Encore at the Wynn Las Vegas. The presentation will be webcast live and can be accessed, along with the presentation materials, through the Chemed website at (Investor Relations). The webcast replay will be available within 24 hours of the live presentation and will be accessible for 90 days. Listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio, ...

 PRESS RELEASE

Saia Announces Upcoming Retirement of CFO Douglas Col

Saia Announces Upcoming Retirement of CFO Douglas Col JOHNS CREEK, Ga., April 26, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today announced that Douglas Col, Executive Vice President and Chief Financial Officer, plans to retire after 10 years at the Company, including the last four years as Chief Financial Officer. “Doug and I both joined Saia in 2014 and we have worked closely together since day one,” said Frederick Holzgrefe, Saia’s President...

 PRESS RELEASE

Saia Reports First Quarter Results

Saia Reports First Quarter Results JOHNS CREEK, Ga., April 26, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported first quarter 2024 financial results. Diluted earnings per share for the quarter were $3.38 compared to $2.85 in the first quarter of 2023. Highlights from the first quarter operating results were as follows: First Quarter 2024 Compared to First Quarter 2023 Results Revenue was $754.8 million, a 14.3% increaseOperating income ...

 PRESS RELEASE

Chemed Reports First-Quarter 2024 Results

CINCINNATI--(BUSINESS WIRE)-- Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), one of the nation’s largest providers of end-of-life care, and Roto-Rooter, the nation’s largest commercial and residential plumbing and drain cleaning services provider, reported financial results for its first quarter ended March 31, 2024, versus the comparable prior-year period. Changes to Non-GAAP Metrics Chemed uses certain non-GAAP metrics such as EBITDA, adjusted EBITDA, adjusted net income and adjusted diluted earnings per share, to provide additional context ...

ModivCare Inc.: Update to credit analysis following CFR downgrade to B...

Our credit view of this issuer reflects its high leverage and adequate liquidity

 PRESS RELEASE

Saia Expands Network in New Jersey and Utah

Saia Expands Network in New Jersey and Utah JOHNS CREEK, Ga., April 22, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced that Saia LTL Freight will open two new terminals today, one near Trenton, New Jersey, and another in St. George, Utah. The facilities will provide expanded, enhanced service to customers in these important markets. Trenton sits at the center of a bustling regional economy. Outside of state government, the city is seeing many private-sector industries undergo expansion. Likewise, St. George is seeing rapid development. It recently was named one of three Utah...

 PRESS RELEASE

Marten Transport Announces First Quarter Results

Marten Transport Announces First Quarter Results MONDOVI, Wis., April 18, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $9.6 million, or 12 cents per diluted share, for the first quarter ended March 31, 2024, compared with $22.5 million, or 28 cents per diluted share, for the first quarter of 2023. Operating revenue was $249.7 million for the first quarter of 2024 compared with $298.0 million for the first quarter of 2023. Excluding fuel surcharges, operating revenue was $215.7 million for the 2024 quarter compared with $254.9 million for t...

 PRESS RELEASE

VITAS Completes the Previously Announced Purchase of Assets of Covenan...

CINCINNATI--(BUSINESS WIRE)-- VITAS Healthcare Corporation, a wholly-owned subsidiary of Chemed Corporation (“Chemed”) (NYSE: CHE) announced the completion of the previously announced purchase of all hospice operations and an assisted living facility from Covenant Health and Community Services, Inc. d/b/a/ Covenant Care (“Covenant”) for an aggregate purchase price of $85 million. The transaction is structured as an asset purchase. Covenant’s hospice operations span the panhandle of Florida and Alabama, specifically including the Tallahassee, Marianna, Fort Walton Beach, Panama City, Crestvie...

 PRESS RELEASE

Saia to Announce First Quarter 2024 Results on April 26, 2024

Saia to Announce First Quarter 2024 Results on April 26, 2024 JOHNS CREEK, Ga., April 11, 2024 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that it will release its quarterly financial results before the market opens on Friday, April 26th. Saia management will host a conference call to discuss the results later that morning at 10:00 a.m. Eastern Time. To participate in the call, please dial 1-800-715-9871 or 1-646-307-1963 referencing conferenc...

 PRESS RELEASE

Saia Opens Two New Terminals

Saia Opens Two New Terminals Shipper demand drives expansion across network JOHNS CREEK, Ga. , April 08, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced that Saia LTL Freight will open two new terminals today across its growing network. One facility will open in Garland, Texas while another will open in Missoula, Montana. Saia’s second Garland terminal will be the fourth for the company in the Dallas-Fort Worth metroplex and the 21st facility for the carrier in Texas. The new terminal in Missoula will be the first the company has opened in Montana. The two new terminals wil...

Moody's Ratings downgrades ModivCare's CFR to B3; outlook is stable

Moody's Ratings (Moody's) downgraded ModivCare Inc.'s ("ModivCare") ratings, including the Corporate Family Rating (CFR) to B3 from B2, the Probability of Default Rating (PDR) to B3-PD from B2-PD, and the ratings on the senior unsecured notes to Caa1 from B3. The company's Speculative Grade Liquidit...

 PRESS RELEASE

Chemed To Report First-Quarter 2024 Earnings April 24, Related Confere...

CINCINNATI--(BUSINESS WIRE)-- Chemed Corporation (NYSE: CHE) today announced that it will release financial results for the first quarter ended March 31, 2024, on Wednesday, April 24, 2024, following the close of trading on the New York Stock Exchange. Chemed will host a conference call and webcast at 10 a.m., ET, on Thursday, April 25, 2024, to discuss the company's quarterly results and to provide an update on its business. Participants may access a live webcast of the conference call through the investor relations section of Chemed’s website, or the hosting website . Participants may...

 PRESS RELEASE

Saia and Fletes Mexico Announce Exclusive Cross-border Partnership

Saia and Fletes Mexico Announce Exclusive Cross-border Partnership JOHNS CREEK, Ga., April 01, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced today an exclusive partnership between Saia LTL Freight and Fletes Mexico via their less-than-truckload (LTL) division, Carga Express, to serve both companies’ U.S. to Mexico cross-border customers. As a result of the partnership, Saia will service Carga Express’ shipments entering the U.S. and Carga Express will service Saia’s freight entering Mexico. The partnership brings together two companies with extensive LTL experience. Celebra...

Chemed Corp: 2 directors

Two Directors at Chemed Corp sold/sold after exercising options 13,853 shares at between 643.140USD and 645.000USD. The significance rating of the trade was 80/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the c...

 PRESS RELEASE

VITAS To Buy Hospice Assets of Covenant Care in Florida and Alabama

CINCINNATI--(BUSINESS WIRE)-- VITAS Healthcare Corporation, a wholly-owned subsidiary of Chemed Corporation (“Chemed”) (NYSE: CHE), announced it entered into an agreement on March 12, 2024 to acquire all hospice operations and an assisted living facility from Covenant Health and Community Services, Inc. d/b/a/ Covenant Care (“Covenant”) for an aggregate purchase price of $85 million. Covenant’s hospice operations span the panhandle of Florida and Alabama, specifically including the Tallahassee, Marianna, Fort Walton Beach, Panama City, Crestview and Pensacola markets in Florida, and the Dothan...

 PRESS RELEASE

Saia Team Members Recognized as Top Women to Watch

Saia Team Members Recognized as Top Women to Watch JOHNS CREEK, Ga., March 12, 2024 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) announced that two team members, Engineering and Strategic Analytics Manager Heather McAfee and Director of Revenue Management Sarmona Miller, have been named to Redefining the Road magazine’s list of 2024 “Top Woman to Watch in Transportation.” Every year, Redefining the Road, Women In Trucking Association's official magazine, recognizes top performers in the transportation industry who have achieved a significant career accomplishment in the past 12 to 18 mon...

 PRESS RELEASE

Chemed Corporation to Present at the Oppenheimer 34th Annual Healthcar...

CINCINNATI--(BUSINESS WIRE)-- Chemed Corporation (NYSE:CHE) today announced that it will deliver a virtual presentation at the Oppenheimer 34th Annual Healthcare Conference on Tuesday, March 12, 2024, at approximately 12:00 p.m. (ET). The virtual presentation will be webcast live and can be accessed, along with the presentation materials, through the Chemed website at (Investor Relations). The webcast replay will be available within 24 hours of the live presentation and will be accessible for 90 days. Listed on the New York Stock Exchange and headquartered in Cincinnati, Ohio, Chemed Corp...

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