Mar. 16, 2026 at 9:22am
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Crawford Investment Counsel Inc. increased its stake in shares of Landstar System, Inc. (NASDAQ:LSTR) by 14.5% during the third quarter, according to a filing with the Securities & Exchange Commission. The investment firm now owns 33,000 shares of the transportation company’s stock, worth approximately $4.04 million.
Why it matters
The increase in ownership by Crawford Investment Counsel suggests confidence in Landstar System’s performance and growth potential. As a major transportation and logistics provider, Landstar’s stock movements can reflect broader industry trends and investor sentiment.
The details
Crawford Investment Counsel added 4,170 shares of Landstar System to its portfolio during the third quarter, bringing its total ownership to about 0.10% of the company’s outstanding shares. Several other institutional investors have also recently adjusted their positions in Landstar, indicating ongoing interest in the stock.
The share acquisition occurred during the third quarter of the year.
The players
Crawford Investment Counsel Inc.
An investment management firm that increased its stake in Landstar System, Inc. by 14.5% during the third quarter.
Landstar System, Inc.
A transportation and logistics company that provides integrated transportation management solutions through a network of independent agents and third-party capacity providers.
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The takeaway
The increase in ownership by Crawford Investment Counsel suggests continued investor confidence in Landstar System’s business model and growth prospects within the transportation and logistics industry.