Old Dominion Freight Line (ODFL) is down 3.1% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver looks like a cautious setup ahead of Old Dominion’s second-quarter 2026 earnings release on July 29, with investors still focused on soft shipment volumes even after the company showed better pricing. This could also reflect lingering pressure from a recent bearish analyst call and broader concern that competition in less-than-truckload freight is getting tougher. ([ir.odfl.com](https://ir.odfl.com/news-events/press-releases))
Details:
Old Dominion has scheduled its second-quarter 2026 earnings release and webcast for July 29, which can lead to risk-off trading as investors reduce exposure before results. ([ir.odfl.com](https://ir.odfl.com/news-events/press-releases))In its June 3 business update, the company said May revenue per day rose 12.3%, but LTL tons per day fell 3.8% and shipments per day fell 5.3%, showing pricing strength alongside weaker underlying volume. ([sec.gov](https://www.sec.gov/Archives/edgar/data/878927/000087892726000015/odfl-ex99_1.htm))A recent sell rating argued the shares had limited upside after a strong rally, adding valuation pressure to a stock already viewed as premium-priced within trucking. ([investing.com](https://www.investing.com/news/stock-market-news/why-is-old-dominion-freight-line-stock-sliding-today-93CH-4742667?utm_source=openai))Investors have also been weighing new competitive pressure after Amazon broadened its LTL freight offering, which hit sentiment across the sector. ([quiverquant.com](https://www.quiverquant.com/news/Old%2BDominion%2BFreight%2BLine%2BFalls%2Bas%2BCompetitive%2Band%2BValuation%2BConcerns%2BPressure%2BShares?utm_source=openai))Sources:
Old Dominion Freight Line, SEC, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$ODFL Insider Trading Activity
$ODFL insiders have traded $ODFL stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $ODFL stock by insiders over the last 6 months:
- DAVID S CONGDON (Executive Chairman) has made 0 purchases and 2 sales selling 52,000 shares for an estimated $10,127,839.
- GREG C GANTT has made 0 purchases and 5 sales selling 34,131 shares for an estimated $6,595,700.
- BRADLEY R GABOSCH sold 3,134 shares for an estimated $608,842
- CHRISTOPHER JAMES KELLEY (SVP - Operations) sold 80 shares for an estimated $16,034
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$ODFL Hedge Fund Activity
We have seen 453 institutional investors add shares of $ODFL stock to their portfolio, and 391 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 4,832,138 shares (+70.2%) to their portfolio in Q1 2026, for an estimated $944,199,765
- CAPITAL WORLD INVESTORS removed 2,375,101 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $464,094,735
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,898,077 shares (-13.3%) from their portfolio in Q1 2026, for an estimated $370,884,245
- BALYASNY ASSET MANAGEMENT L.P. added 1,297,743 shares (+23399.6%) to their portfolio in Q1 2026, for an estimated $253,578,982
- FRANKLIN RESOURCES INC added 1,226,371 shares (+67.3%) to their portfolio in Q1 2026, for an estimated $239,632,893
- MORGAN STANLEY added 815,838 shares (+32.4%) to their portfolio in Q1 2026, for an estimated $159,414,745
- UBS GROUP AG removed 690,547 shares (-54.3%) from their portfolio in Q1 2026, for an estimated $134,932,883
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ODFL Analyst Ratings
Wall Street analysts have issued reports on $ODFL in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Baird issued a "Underperform" rating on 02/05/2026
To track analyst ratings and price targets for $ODFL, check out Quiver Quantitative's $ODFL forecast page.
$ODFL Price Targets
Multiple analysts have issued price targets for $ODFL recently. We have seen 15 analysts offer price targets for $ODFL in the last 6 months, with a median target of $229.0.
Here are some recent targets:
- Ariel Rosa from Citigroup set a target price of $228.0 on 07/09/2026
- Christian Wetherbee from Wells Fargo set a target price of $250.0 on 07/08/2026
- Thomas Wadewitz from UBS set a target price of $224.0 on 07/07/2026
- Ravi Shanker from Morgan Stanley set a target price of $245.0 on 07/06/2026
- Jonathan Chappell from Evercore ISI Group set a target price of $237.0 on 07/01/2026
- Brandon Oglenski from Barclays set a target price of $220.0 on 06/25/2026
- Jordan Alliger from Goldman Sachs set a target price of $235.0 on 06/23/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »
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Old Dominion Freight Line slips as investors brace for earnings and weigh soft freight trends
Old Dominion Freight Line (ODFL) is down 3.1% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver looks like a cautious setup ahead of Old Dominion’s second-quarter 2026 earnings release on July 29, with investors still focused on soft shipment volumes even after the company showed better pricing. This could also reflect lingering pressure from a recent bearish analyst call and broader concern that competition in less-than-truckload freight is getting tougher. ([ir.odfl.com](https://ir.odfl.com/news-events/press-releases))
Details:
Sources:
Old Dominion Freight Line, SEC, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$ODFL Insider Trading Activity
$ODFL insiders have traded $ODFL stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.
Here’s a breakdown of recent trading of $ODFL stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ODFL Hedge Fund Activity
We have seen 453 institutional investors add shares of $ODFL stock to their portfolio, and 391 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ODFL Analyst Ratings
Wall Street analysts have issued reports on $ODFL in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $ODFL, check out Quiver Quantitative's $ODFL forecast page.
$ODFL Price Targets
Multiple analysts have issued price targets for $ODFL recently. We have seen 15 analysts offer price targets for $ODFL in the last 6 months, with a median target of $229.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »