13,078 Shares in Daseke, Inc. (NASDAQ:DSKE) Acquired by SG Americas Securities LLC

SG Americas Securities LLC acquired a new stake in Daseke, Inc. (NASDAQ:DSKE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 13,078 shares of the company’s stock, valued at approximately $106,000.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Daseke by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 2,533,315 shares of the company’s stock worth $12,996,000 after purchasing an additional 42,989 shares during the last quarter. American Century Companies Inc. grew its position in shares of Daseke by 13.9% during the 3rd quarter. American Century Companies Inc. now owns 46,095 shares of the company’s stock worth $236,000 after buying an additional 5,639 shares during the period. Deutsche Bank AG increased its stake in shares of Daseke by 23.2% in the 3rd quarter. Deutsche Bank AG now owns 18,720 shares of the company’s stock valued at $96,000 after acquiring an additional 3,531 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Daseke by 47.3% in the 3rd quarter. AQR Capital Management LLC now owns 595,953 shares of the company’s stock valued at $3,057,000 after acquiring an additional 191,497 shares during the last quarter. Finally, Sherbrooke Park Advisers LLC bought a new position in Daseke during the 3rd quarter worth approximately $54,000. Institutional investors and hedge funds own 71.45% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DSKE shares. TheStreet upgraded shares of Daseke from a “d+” rating to a “c-” rating in a report on Wednesday, January 10th. Northland Securities restated a “market perform” rating and issued a $8.30 price target on shares of Daseke in a research note on Tuesday, December 26th.

Daseke Stock Performance

Shares of NASDAQ:DSKE opened at $8.29 on Friday. Daseke, Inc. has a 12-month low of $4.06 and a 12-month high of $8.34. The company’s 50 day moving average price is $8.26 and its two-hundred day moving average price is $6.73. The firm has a market cap of $391.29 million, a PE ratio of -14.05 and a beta of 2.00. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 14.52.

About Daseke

Daseke, Inc provides transportation and logistics solutions in the United States, Canada, and Mexico. It operates in two segments, Flatbed Solutions and Specialized Solutions. The company transports aircraft parts, manufacturing equipment, structural steel, pressure vessels, wind turbine blades, commercial glass, high security cargo, industrial and hazardous waste, arms, ammunition and explosives, lumber, and building and construction materials, as well as heavy machinery, such as construction, mining, and agriculture.