Swiss National Bank Has $664,000 Holdings in Daseke Inc (DSKE)

Swiss National Bank grew its position in Daseke Inc (NASDAQ:DSKE) by 49.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,800 shares of the company’s stock after acquiring an additional 22,500 shares during the period. Swiss National Bank owned about 0.12% of Daseke worth $664,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. BlackRock Inc. raised its position in shares of Daseke by 39.8% in the fourth quarter. BlackRock Inc. now owns 1,263,249 shares of the company’s stock worth $18,052,000 after acquiring an additional 359,494 shares during the period. California State Teachers Retirement System raised its position in shares of Daseke by 16.9% during the 4th quarter. California State Teachers Retirement System now owns 38,008 shares of the company’s stock worth $543,000 after purchasing an additional 5,483 shares during the last quarter. Two Sigma Investments LP raised its position in shares of Daseke by 107.6% during the 4th quarter. Two Sigma Investments LP now owns 98,556 shares of the company’s stock worth $1,408,000 after purchasing an additional 51,077 shares during the last quarter. Kennedy Capital Management Inc. raised its position in shares of Daseke by 9.9% during the 4th quarter. Kennedy Capital Management Inc. now owns 495,917 shares of the company’s stock worth $7,087,000 after purchasing an additional 44,493 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in shares of Daseke by 93.0% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 137,320 shares of the company’s stock worth $1,963,000 after purchasing an additional 66,176 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

In other news, Director Kevin M. Charlton purchased 5,000 shares of the company’s stock in a transaction dated Friday, May 18th. The stock was acquired at an average price of $9.33 per share, with a total value of $46,650.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. In the last ninety days, insiders have purchased 15,000 shares of company stock valued at $139,400. 28.58% of the stock is owned by corporate insiders.



Shares of Daseke opened at $9.91 on Tuesday, according to MarketBeat Ratings. Daseke Inc has a 12-month low of $8.16 and a 12-month high of $14.52. The stock has a market cap of $564.83 million, a P/E ratio of -16.52 and a beta of 0.91. The company has a debt-to-equity ratio of 1.54, a current ratio of 3.31 and a quick ratio of 3.31.

Daseke (NASDAQ:DSKE) last announced its quarterly earnings data on Tuesday, May 8th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.04. Daseke had a net margin of 3.35% and a negative return on equity of 4.69%. The company had revenue of $327.60 million during the quarter, compared to analysts’ expectations of $304.18 million. The company’s quarterly revenue was up 104.2% on a year-over-year basis. equities analysts forecast that Daseke Inc will post 0.03 earnings per share for the current year.

DSKE has been the subject of several research analyst reports. BidaskClub downgraded shares of Daseke from a “sell” rating to a “strong sell” rating in a research report on Tuesday, April 10th. ValuEngine downgraded shares of Daseke from a “hold” rating to a “sell” rating in a research report on Friday, April 27th. Cowen restated a “buy” rating on shares of Daseke in a research report on Tuesday, May 8th. Buckingham Research upped their price target on shares of Daseke from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Tuesday, June 12th. Finally, Stifel Nicolaus initiated coverage on shares of Daseke in a research report on Friday, April 6th. They set a “buy” rating and a $12.00 price target for the company. One analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $14.63.

About Daseke

Daseke, Inc provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through Flatbed Solutions and Specialized Solutions segments. The company transports heavy haul freight, defense and commercial arms, ammunition and explosives, radioactive cargo and hazardous materials, and commercial sheet glass, as well as offers 10-wheel drive-away services.

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Institutional Ownership by Quarter for Daseke (NASDAQ:DSKE)

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