10,029 Shares in P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) Purchased by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC bought a new position in P.A.M. Transportation Services, Inc. (NASDAQ:PTSI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,029 shares of the transportation company’s stock, valued at approximately $208,000.

Separately, Pacific Ridge Capital Partners LLC increased its stake in shares of P.A.M. Transportation Services by 8.5% in the third quarter. Pacific Ridge Capital Partners LLC now owns 129,326 shares of the transportation company’s stock worth $2,787,000 after purchasing an additional 10,096 shares in the last quarter. Institutional investors own 22.06% of the company’s stock.

P.A.M. Transportation Services Price Performance

PTSI stock opened at $16.84 on Friday. The firm has a 50 day moving average of $16.25 and a 200-day moving average of $18.49. The company has a current ratio of 1.83, a quick ratio of 1.81 and a debt-to-equity ratio of 0.65. P.A.M. Transportation Services, Inc. has a 12 month low of $13.51 and a 12 month high of $28.77. The firm has a market capitalization of $370.99 million, a P/E ratio of 27.61 and a beta of 1.10.

P.A.M. Transportation Services (NASDAQ:PTSI) last released its quarterly earnings data on Thursday, February 1st. The transportation company reported ($0.10) EPS for the quarter. P.A.M. Transportation Services had a net margin of 1.75% and a return on equity of 4.29%. The firm had revenue of $180.17 million during the quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on PTSI shares. TheStreet downgraded shares of P.A.M. Transportation Services from a “b-” rating to a “c+” rating in a research note on Thursday, February 1st. StockNews.com upgraded shares of P.A.M. Transportation Services from a “hold” rating to a “buy” rating in a research note on Saturday, February 24th. Finally, Stephens reduced their target price on shares of P.A.M. Transportation Services from $19.00 to $17.00 and set an “equal weight” rating for the company in a research note on Friday, April 19th.

P.A.M. Transportation Services Company Profile

P.A.M. Transportation Services, Inc, through its subsidiaries, operates as a truckload transportation and logistics company in the United States, Mexico, and Canada. The company operates a truckload dry van carrier that transports general commodities, such as automotive parts; expedited goods; consumer goods, such as general retail store merchandise; and manufactured goods, including heating and air conditioning units.