Knight-Swift Transportation (NYSE:KNX) SVP Reed Stultz Sells 4,692 Shares

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) SVP Reed Stultz sold 4,692 shares of the firm’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $51.51, for a total value of $241,684.92. Following the completion of the transaction, the senior vice president owned 465 shares in the company, valued at $23,952.15. The trade was a 90.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Knight-Swift Transportation Price Performance

KNX stock traded up $0.35 during mid-day trading on Friday, hitting $51.28. The stock had a trading volume of 2,965,905 shares, compared to its average volume of 3,046,088. The firm has a fifty day simple moving average of $44.63 and a 200 day simple moving average of $43.98. The firm has a market capitalization of $8.32 billion, a P/E ratio of 58.27, a P/E/G ratio of 1.03 and a beta of 1.17. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.31. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $61.51.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period last year, the business earned $0.34 earnings per share. The business’s revenue was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, research analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, December 5th. Knight-Swift Transportation’s dividend payout ratio is currently 81.82%.

Wall Street Analysts Forecast Growth

KNX has been the subject of several research analyst reports. Wells Fargo & Company lowered their price target on shares of Knight-Swift Transportation from $50.00 to $48.00 and set an “overweight” rating for the company in a report on Monday, October 6th. Stifel Nicolaus upped their target price on Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Raymond James Financial boosted their price target on Knight-Swift Transportation from $55.00 to $59.00 and gave the stock a “strong-buy” rating in a report on Tuesday, October 14th. JPMorgan Chase & Co. upped their price objective on Knight-Swift Transportation from $48.00 to $49.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Finally, Zacks Research upgraded shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $53.29.

Institutional Trading of Knight-Swift Transportation

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Knight-Swift Transportation by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 14,935,845 shares of the transportation company’s stock valued at $649,560,000 after purchasing an additional 515,212 shares during the period. Victory Capital Management Inc. lifted its stake in Knight-Swift Transportation by 0.9% in the third quarter. Victory Capital Management Inc. now owns 8,496,137 shares of the transportation company’s stock valued at $335,682,000 after buying an additional 76,342 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Knight-Swift Transportation by 1.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,267,687 shares of the transportation company’s stock worth $326,664,000 after buying an additional 124,426 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Knight-Swift Transportation by 21.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock worth $169,826,000 after buying an additional 765,833 shares during the period. Finally, Junto Capital Management LP grew its position in shares of Knight-Swift Transportation by 252.4% during the 3rd quarter. Junto Capital Management LP now owns 2,262,145 shares of the transportation company’s stock worth $89,377,000 after buying an additional 1,620,224 shares during the period. Institutional investors own 88.77% of the company’s stock.

Knight-Swift Transportation Company 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.