Dynamic Technology Lab Private Ltd Invests $2.40 Million in Knight-Swift Transportation Holdings Inc. $KNX

Dynamic Technology Lab Private Ltd bought a new position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 55,069 shares of the transportation company’s stock, valued at approximately $2,395,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Larson Financial Group LLC increased its position in shares of Knight-Swift Transportation by 9,383.3% during the first quarter. Larson Financial Group LLC now owns 569 shares of the transportation company’s stock worth $25,000 after purchasing an additional 563 shares in the last quarter. Brooklyn Investment Group increased its position in shares of Knight-Swift Transportation by 93.4% during the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock worth $28,000 after purchasing an additional 310 shares in the last quarter. UMB Bank n.a. increased its position in shares of Knight-Swift Transportation by 40.0% during the first quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company’s stock worth $49,000 after purchasing an additional 324 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Knight-Swift Transportation during the first quarter worth about $111,000. Finally, Neo Ivy Capital Management acquired a new stake in shares of Knight-Swift Transportation during the first quarter worth about $118,000. Institutional investors and hedge funds own 88.77% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Susquehanna increased their target price on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “positive” rating in a research note on Tuesday, June 24th. UBS Group cut Knight-Swift Transportation from a “buy” rating to a “neutral” rating and boosted their price target for the company from $46.00 to $51.00 in a research report on Friday. Raymond James Financial boosted their price target on Knight-Swift Transportation from $50.00 to $55.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 15th. The Goldman Sachs Group upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their price target for the company from $45.00 to $65.00 in a research report on Monday, June 2nd. Finally, Citigroup boosted their price target on Knight-Swift Transportation from $53.00 to $54.00 and gave the company a “buy” rating in a research report on Wednesday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Knight-Swift Transportation currently has an average rating of “Moderate Buy” and a consensus price target of $54.19.

Insider Activity at Knight-Swift Transportation

In related news, EVP Michael K. Liu sold 3,420 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total value of $148,462.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.00% of the stock is owned by company insiders.

Knight-Swift Transportation Trading Down 2.2%

Shares of Knight-Swift Transportation stock opened at $43.13 on Friday. Knight-Swift Transportation Holdings Inc. has a 52-week low of $36.69 and a 52-week high of $61.51. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.30. The company’s 50-day simple moving average is $44.25 and its 200-day simple moving average is $43.99. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 42.28, a price-to-earnings-growth ratio of 0.65 and a beta of 1.19.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. The business had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same period in the previous year, the business posted $0.24 earnings per share. The business’s revenue was up .8% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. As a group, equities research analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 22nd. Investors of record on Friday, September 5th will be paid a $0.18 dividend. The ex-dividend date is Friday, September 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.7%. Knight-Swift Transportation’s dividend payout ratio (DPR) is 70.59%.

Knight-Swift Transportation Profile

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.