US Xpress Enterprises Inc (NYSE:USX) CAO Jason Grear bought 4,494 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were acquired at an average cost of $4.45 per share, for a total transaction of $19,998.30. Following the purchase, the chief accounting officer now directly owns 13,864 shares in the company, valued at $61,694.80. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of USX traded up $0.18 during midday trading on Monday, reaching $4.98. The stock had a trading volume of 271,632 shares, compared to its average volume of 298,166. US Xpress Enterprises Inc has a 52 week low of $3.37 and a 52 week high of $9.87. The company has a debt-to-equity ratio of 2.21, a current ratio of 0.84 and a quick ratio of 0.84. The firm’s 50 day moving average price is $4.86 and its 200-day moving average price is $4.85. The company has a market capitalization of $241.42 million and a P/E ratio of 3.13.

US Xpress Enterprises (NYSE:USX) last posted its quarterly earnings data on Friday, November 1st. The company reported ($0.03) EPS for the quarter, missing the Zacks’ consensus estimate of $0.06 by ($0.09). US Xpress Enterprises had a return on equity of 11.75% and a net margin of 0.75%. The firm had revenue of $428.50 million during the quarter, compared to the consensus estimate of $424.24 million. During the same period in the prior year, the firm posted $0.33 EPS. The firm’s quarterly revenue was down 6.9% on a year-over-year basis. On average, equities analysts forecast that US Xpress Enterprises Inc will post 0.18 earnings per share for the current year.

Several analysts have weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating and set a $20.00 target price on shares of US Xpress Enterprises in a research note on Thursday, August 15th. Zacks Investment Research raised US Xpress Enterprises from a “sell” rating to a “hold” rating in a research note on Saturday, October 5th. Finally, ValuEngine raised US Xpress Enterprises from a “sell” rating to a “hold” rating in a research note on Monday, November 11th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. US Xpress Enterprises presently has an average rating of “Hold” and an average target price of $20.00.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Towle & Co. acquired a new position in shares of US Xpress Enterprises in the 2nd quarter worth $7,955,000. Landscape Capital Management L.L.C. grew its holdings in shares of US Xpress Enterprises by 156.0% in the 2nd quarter. Landscape Capital Management L.L.C. now owns 626,938 shares of the company’s stock worth $3,222,000 after acquiring an additional 382,084 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of US Xpress Enterprises by 23.4% in the 2nd quarter. Vanguard Group Inc. now owns 1,135,807 shares of the company’s stock worth $5,837,000 after acquiring an additional 215,471 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of US Xpress Enterprises by 12.3% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 1,676,050 shares of the company’s stock worth $8,615,000 after acquiring an additional 183,811 shares during the last quarter. Finally, Zimmer Partners LP grew its holdings in shares of US Xpress Enterprises by 4.9% in the 2nd quarter. Zimmer Partners LP now owns 2,898,157 shares of the company’s stock worth $14,897,000 after acquiring an additional 135,189 shares during the last quarter. 35.54% of the stock is currently owned by institutional investors.

About US Xpress Enterprises

U.S. Xpress Enterprises, Inc operates as an asset-based truckload carrier providing services primarily in the United States. It operates through two segments, Truckload and Brokerage. The Truckload segment offers asset-based truckload services, including the over-the-road and contract services. The Brokerage segment provides non-asset-based freight brokerage services.

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Insider Buying and Selling by Quarter for US Xpress Enterprises (NYSE:USX)

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