Allspring Global Investments Reduces Stake in Saia, Inc.

Institutional investor sells 5,452 shares of transportation company's stock

Apr. 2, 2026 at 7:08am

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Allspring Global Investments Holdings LLC, a major institutional investor, reduced its holdings in Saia, Inc. (NASDAQ:SAIA) by 3.6% in the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 146,995 shares of the transportation company's stock, valued at approximately $49.6 million.

Why it matters

Saia is a leading less-than-truckload (LTL) freight transportation provider, and institutional investor activity in its stock can signal broader market trends and investor sentiment around the company and the transportation industry.

The details

According to the 13F filing, Allspring Global Investments sold 5,452 shares of Saia stock during the fourth quarter. The firm now owns approximately 0.55% of Saia's outstanding shares. Saia's stock price has fluctuated in recent months, with the company's shares reaching a 52-week high of $430.11 in 2022 before pulling back.

  • Allspring Global Investments reduced its Saia holdings in the fourth quarter of 2022.
  • Saia's stock price reached a 52-week high of $430.11 in 2022.

The players

Allspring Global Investments Holdings LLC

A major institutional investor that manages over $500 billion in assets.

Saia, Inc.

A leading less-than-truckload (LTL) freight transportation provider based in Johns Creek, Georgia.

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The takeaway

The reduction in Allspring Global Investments' Saia holdings could signal broader market uncertainty or a shift in investor sentiment around the transportation industry. However, Saia remains a well-regarded LTL provider, and its stock price has seen significant gains over the past year.