Daseke, Inc. (NASDAQ:DSKE) Shares Bought by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC lifted its stake in shares of Daseke, Inc. (NASDAQ:DSKE - Free Report) by 71.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 126,882 shares of the company's stock after purchasing an additional 52,899 shares during the quarter. Robertson Stephens Wealth Management LLC owned about 0.28% of Daseke worth $981,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Moors & Cabot Inc. increased its stake in shares of Daseke by 19.9% during the 4th quarter. Moors & Cabot Inc. now owns 15,261 shares of the company's stock worth $153,000 after purchasing an additional 2,536 shares in the last quarter. Denali Advisors LLC increased its position in Daseke by 18.7% during the first quarter. Denali Advisors LLC now owns 10,800 shares of the company's stock worth $83,000 after buying an additional 1,700 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Daseke in the fourth quarter worth $701,000. Los Angeles Capital Management LLC raised its holdings in shares of Daseke by 32.2% in the first quarter. Los Angeles Capital Management LLC now owns 217,515 shares of the company's stock worth $1,681,000 after acquiring an additional 52,990 shares during the last quarter. Finally, Summit Global Investments lifted its position in shares of Daseke by 132.9% in the first quarter. Summit Global Investments now owns 53,100 shares of the company's stock valued at $410,000 after acquiring an additional 30,300 shares in the last quarter. Hedge funds and other institutional investors own 56.35% of the company's stock.

Shares of NASDAQ:DSKE traded down $0.02 during midday trading on Wednesday, reaching $5.07. The company's stock had a trading volume of 58,360 shares, compared to its average volume of 298,653. The firm has a market cap of $232.47 million, a price-to-earnings ratio of 18.07 and a beta of 1.91. The business has a 50 day moving average price of $6.80 and a 200 day moving average price of $7.19. Daseke, Inc. has a 1 year low of $4.69 and a 1 year high of $9.57. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 8.72.

Separately, TD Cowen lowered their price target on shares of Daseke from $15.00 to $12.00 and set an "outperform" rating for the company in a report on Wednesday, May 10th.

View Our Latest Research Report on DSKE

Daseke, Inc provides transportation and logistics solutions in the United States, Canada, and Mexico. It operates through 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.

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