RADIANT LOGISTICS, INC
RLGT · Arrangement of Transportation of Freight & Cargo · 46.8M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $1M (gross $4M, SBC $3M)
Reference price $9.25 · est. market cap ~$433M — last insider sale, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B71Asset-light 3PL with strong returns on assets, double-digit revenue growth and a sharp earnings rebound, but mid-pack margins keep it just above average.
Strengths
- ROA 4.1% (78th pct) and net-income growth ~125% (84th pct) reflect an efficient, scalable freight-forwarding model
- Healthy liquidity (current/quick ratio 1.56, ~78th pct) and positive FCF of $8.1M with 12.5% revenue growth (62nd pct)
Risks
- Reliance on independent strategic operating partners (~42% of adjusted gross profit) that can terminate agreements on notice
- Thin net/operating margins (~50th pct) and credit-loss exposure to partner receivable deficits
Notable findings
- Customer concentration~10% of revenue from one customer/distributor — however, no single customer or strategic operating partner location represents more than 10% of our consolidated revenue
- Insider sellingInsider selling — 6 open-market sale(s) by 1 insider(s) (~$708,081, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
2.3%
Net margin
1.9%
Return on equity
7.7%
Return on assets
4.1%
Revenue growth (QoQ)
-7.8%
Net-income growth
125.0%
Current ratio
1.6×
Free cash flow
$8M
EBITDA
$29M
Tangible book value
$59M
Cash & investments
$23M
Stock comp / revenue
-0.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Macomber Todd | Sell | 12K | $9.25 |
| 2026-06-12 | Macomber Todd | Sell | 43 | $9.25 |
| 2026-06-09 | Macomber Todd | Sell | 13K | $9.30 |
| 2026-05-28 | Macomber Todd | Sell | 16K | $8.41 |
| 2026-05-27 | Macomber Todd | Sell | 34K | $8.50 |
| 2026-05-20 | Gould Michael E | Option exercise | 100K | $3.16 |
| 2026-05-20 | Gould Michael E | Tax withheld | 37K | $8.45 |
| 2026-03-31 | Macomber Todd | Sell | 7.5K | $7.00 |
| 2025-12-11 | Goldstein Arnold | Sell | 5.7K | $6.75 |
| 2025-12-10 | Goldstein Arnold | Sell | 804 | $6.75 |
| 2025-12-02 | Goldstein Arnold | Sell | 12K | $6.30 |
| 2025-11-14 | Gould Michael E | Option exercise | 10K | — |
| 2025-11-14 | Palmieri Richard P | Option exercise | 13K | — |
| 2025-11-14 | Toth Kristin Elisabeth | Option exercise | 10K | — |
| 2025-09-15 | Goldstein Arnold | Option exercise | 17K | — |
| 2025-09-15 | CRAIN BOHN H | Option exercise | 41K | — |
| 2025-09-15 | CRAIN BOHN H | Tax withheld | 10K | $6.88 |
| 2025-09-15 | Macomber Todd | Option exercise | 17K | — |
| 2025-09-15 | Macomber Todd | Tax withheld | 4.2K | $6.88 |
| 2025-09-15 | Goldstein Arnold | Tax withheld | 4.2K | $6.88 |
| 2025-06-27 | Macomber Todd | Sell | 25K | $6.15 |
| 2025-06-13 | CRAIN BOHN H | Gift | 650K | — |
| 2025-06-13 | CRAIN BOHN H | Gift | 650K | — |
| 2025-06-13 | CRAIN BOHN H | Gift | 650K | — |
| 2025-06-13 | CRAIN BOHN H | Gift | 650K | — |
| 2025-06-13 | CRAIN BOHN H | Gift | 650K | — |
| 2025-06-13 | CRAIN BOHN H | Gift | 650K | — |
| 2025-02-19 | CRAIN BOHN H | Option exercise | 2.4K | $5.03 |
| 2025-02-19 | CRAIN BOHN H | Tax withheld | 1.8K | $7.43 |
| 2025-02-18 | Macomber Todd | Sell | 22K | $7.51 |
| 2025-02-18 | Macomber Todd | Sell | 5.0K | $7.80 |
| 2025-02-18 | Macomber Todd | Sell | 2.5K | $7.80 |
| 2025-02-18 | Goldstein Arnold | Sell | 18K | $7.74 |
| 2025-01-28 | Macomber Todd | Option exercise | 1.2K | $4.50 |
| 2025-01-28 | Macomber Todd | Tax withheld | 870 | $7.05 |
| 2025-01-28 | Macomber Todd | Option exercise | 926 | $5.03 |
| 2025-01-28 | Macomber Todd | Tax withheld | 735 | $7.05 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-11 | 2026-05-11 | 0001193125-26-216896 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001193125-26-216902 ↗ |
| 10-Q | 2026-02-09 | 2025-12-31 | 0001193125-26-042887 ↗ |
| 8-K | 2026-02-09 | 2026-02-09 | 0001193125-26-042775 ↗ |
| 8-K | 2025-11-19 | 2025-11-13 | 0001193125-25-288296 ↗ |
| 8-K | 2025-11-17 | 2025-11-17 | 0001193125-25-284756 ↗ |
| 10-Q | 2025-11-10 | 2025-09-30 | 0001193125-25-274478 ↗ |
| 8-K | 2025-11-10 | 2025-11-10 | 0001193125-25-274479 ↗ |
| 8-K | 2025-09-15 | 2025-09-15 | 0001193125-25-203688 ↗ |
| 10-K | 2025-09-15 | 2025-06-30 | 0001193125-25-203690 ↗ |
| 8-K | 2025-09-04 | 2025-09-04 | 0001193125-25-196026 ↗ |
| 8-K/A | 2025-06-10 | 2025-06-03 | 0000950170-25-083964 ↗ |