MQS Management LLC Invests $358,000 in Knight-Swift Transportation Holdings Inc. $KNX

MQS Management LLC bought a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) in the third quarter, HoldingsChannel.com reports. The firm bought 9,066 shares of the transportation company’s stock, valued at approximately $358,000.

Several other large investors also recently bought and sold shares of the stock. ProShare Advisors LLC grew its holdings in shares of Knight-Swift Transportation by 3.8% during the second quarter. ProShare Advisors LLC now owns 7,529 shares of the transportation company’s stock worth $333,000 after purchasing an additional 276 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Knight-Swift Transportation by 2.7% in the 3rd quarter. Jones Financial Companies Lllp now owns 13,081 shares of the transportation company’s stock valued at $519,000 after buying an additional 343 shares during the period. Benjamin Edwards Inc. boosted its holdings in Knight-Swift Transportation by 4.5% during the third quarter. Benjamin Edwards Inc. now owns 8,130 shares of the transportation company’s stock worth $321,000 after buying an additional 351 shares in the last quarter. IFP Advisors Inc increased its holdings in Knight-Swift Transportation by 21.3% in the second quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock valued at $96,000 after buying an additional 379 shares in the last quarter. Finally, CWM LLC lifted its position in shares of Knight-Swift Transportation by 0.9% during the 3rd quarter. CWM LLC now owns 42,000 shares of the transportation company’s stock valued at $1,659,000 after acquiring an additional 391 shares during the period. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on KNX. Citigroup reiterated a “neutral” rating and set a $64.00 target price on shares of Knight-Swift Transportation in a research report on Friday, February 6th. Bank of America raised shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $41.00 to $50.00 in a research note on Thursday, October 16th. Evercore boosted their price target on Knight-Swift Transportation from $47.00 to $61.00 and gave the stock an “in-line” rating in a report on Tuesday, January 13th. Benchmark lifted their price objective on Knight-Swift Transportation from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, Susquehanna lifted their target price on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Knight-Swift Transportation has an average rating of “Moderate Buy” and an average target price of $60.00.

Knight-Swift Transportation Trading Up 0.3%

Shares of KNX opened at $60.21 on Thursday. Knight-Swift Transportation Holdings Inc. has a 12 month low of $36.69 and a 12 month high of $62.20. The stock’s 50-day moving average is $55.19 and its two-hundred day moving average is $47.52. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 1.33. The stock has a market cap of $9.78 billion, a PE ratio of 146.87, a P/E/G ratio of 0.89 and a beta of 1.15.

Knight-Swift Transportation (NYSE:KNX) last posted its earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.90 billion. Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. Knight-Swift Transportation’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter last year, the business posted $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. Equities analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP Reed Stultz sold 4,692 shares of the company’s stock in a transaction on Thursday, December 4th. The shares were 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 directly owned 465 shares in the company, valued at approximately $23,952.15. This represents a 90.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Kevin P. Knight sold 35,000 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total transaction of $1,785,350.00. Following the sale, the chairman directly owned 1,405,347 shares of the company’s stock, valued at approximately $71,686,750.47. The trade was a 2.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 46,852 shares of company stock valued at $2,426,770. 3.00% of the stock is currently owned by company insiders.

Knight-Swift Transportation Profile

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.