Old Dominion Ownership

ODFL Stock  USD 162.50  0.48  0.29%   
Old Dominion owns a total of 212.54 Million outstanding shares. The majority of Old Dominion Freight outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Old Dominion Freight to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Old Dominion. Please pay attention to any change in the institutional holdings of Old Dominion Freight as this could imply that something significant has changed or is about to change at the company. On January 28, 2025, Representative Marjorie Taylor Greene of US Congress acquired under $15k worth of Old Dominion Freight's common stock.
 
Shares in Circulation  
First Issued
2009-03-31
Previous Quarter
215 M
Current Value
216 M
Avarage Shares Outstanding
244.5 M
Quarterly Volatility
13.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Old Stock Ownership Analysis

About 81.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.59. Old Dominion Freight recorded earning per share (EPS) of 5.48. The entity last dividend was issued on the 5th of March 2025. The firm had 2:1 split on the 28th of March 2024. Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina. Old Dominion operates under Trucking classification in the United States and is traded on NASDAQ Exchange. It employs 24586 people. To find out more about Old Dominion Freight contact David Congdon at 336 889 5000 or learn more at https://www.odfl.com.
Besides selling stocks to institutional investors, Old Dominion also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Old Dominion's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Old Dominion's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Old Dominion Quarterly Liabilities And Stockholders Equity

5.49 Billion

Old Dominion Insider Trades History

About 10.0% of Old Dominion Freight are currently held by insiders. Unlike Old Dominion's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Old Dominion's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Old Dominion's insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Old Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Old Dominion is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Old Dominion Freight backward and forwards among themselves. Old Dominion's institutional investor refers to the entity that pools money to purchase Old Dominion's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Fmr Inc2024-12-31
2.5 M
Capital World Investors2024-12-31
2.5 M
Northern Trust Corp2023-12-31
M
Jpmorgan Chase & Co2024-12-31
1.7 M
First Trust Advisors L.p.2024-12-31
1.5 M
T. Rowe Price Investment Management,inc.2024-12-31
1.4 M
Wellington Management Company Llp2024-12-31
1.4 M
Legal & General Group Plc2024-12-31
1.3 M
Ameriprise Financial Inc2024-12-31
1.3 M
Vanguard Group Inc2024-12-31
22.3 M
Blackrock Inc2024-12-31
16.9 M
Note, although Old Dominion's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Old Dominion Freight Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Old Dominion insiders, such as employees or executives, is commonly permitted as long as it does not rely on Old Dominion's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Old Dominion insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Old Dominion's latest congressional trading

Congressional trading in companies like Old Dominion Freight, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Old Dominion by those in governmental positions are based on the same information available to the general public.
2025-01-28Representative Marjorie Taylor GreeneAcquired Under $15KVerify
2024-12-06Representative Ro KhannaAcquired Under $15KVerify
2024-11-11Representative Ro KhannaAcquired $15K to $50KVerify
2024-06-14Senator Tommy TubervilleAcquired Under $15KVerify
2024-06-13Senator Tommy TubervilleAcquired Under $15KVerify
2024-05-14Senator Tommy TubervilleAcquired Under $15KVerify
2023-11-16Senator Tommy TubervilleAcquired Under $15KVerify
2023-11-15Senator Tommy TubervilleAcquired Under $15KVerify

Old Dominion Outstanding Bonds

Old Dominion issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Old Dominion Freight uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Old bonds can be classified according to their maturity, which is the date when Old Dominion Freight has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Old Dominion Corporate Filings

8K
4th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
3rd of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
14th of February 2025
Other Reports
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify

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When determining whether Old Dominion Freight is a strong investment it is important to analyze Old Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Dominion's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Dominion Freight. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Dominion. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Dividend Share
1.04
Earnings Share
5.48
Revenue Per Share
27.005
Quarterly Revenue Growth
(0.07)
The market value of Old Dominion Freight is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Dominion's value that differs from its market value or its book value, called intrinsic value, which is Old Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Dominion's market value can be influenced by many factors that don't directly affect Old Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.