Knight-Swift Transportation Holdings Inc. $KNX Stock Holdings Lessened by Versor Investments LP

Versor Investments LP reduced its stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 70.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,116 shares of the transportation company’s stock after selling 16,900 shares during the quarter. Versor Investments LP’s holdings in Knight-Swift Transportation were worth $281,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in KNX. Linden Thomas Advisory Services LLC boosted its stake in shares of Knight-Swift Transportation by 3.4% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 37,117 shares of the transportation company’s stock valued at $1,466,000 after buying an additional 1,206 shares during the period. MMA Asset Management LLC purchased a new stake in shares of Knight-Swift Transportation during the third quarter worth $41,000. Envestnet Asset Management Inc. raised its holdings in shares of Knight-Swift Transportation by 7.5% during the third quarter. Envestnet Asset Management Inc. now owns 98,276 shares of the transportation company’s stock worth $3,883,000 after acquiring an additional 6,828 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its position in Knight-Swift Transportation by 13.4% during the third quarter. Ashton Thomas Private Wealth LLC now owns 5,467 shares of the transportation company’s stock valued at $216,000 after purchasing an additional 644 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in Knight-Swift Transportation by 2.7% in the third quarter. Jones Financial Companies Lllp now owns 13,081 shares of the transportation company’s stock valued at $519,000 after purchasing an additional 343 shares in the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Insiders Place Their Bets

In related news, COO James L. Fitzsimmons sold 5,917 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total transaction of $324,074.09. Following the completion of the transaction, the chief operating officer owned 8,716 shares of the company’s stock, valued at approximately $477,375.32. The trade was a 40.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Reed Stultz sold 4,692 shares of the stock in a transaction that occurred 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 sale, the senior vice president owned 465 shares of the company’s stock, valued at approximately $23,952.15. The trade was a 90.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 46,852 shares of company stock valued at $2,426,770. Company insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on KNX. Wells Fargo & Company raised their price target on Knight-Swift Transportation from $58.00 to $60.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Weiss Ratings upgraded Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, December 29th. TD Cowen lifted their target price on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Zacks Research raised shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd. Finally, Barclays increased their price target on shares of Knight-Swift Transportation from $50.00 to $65.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $60.00.

Knight-Swift Transportation Trading Down 0.6%

NYSE:KNX opened at $59.53 on Friday. Knight-Swift Transportation Holdings Inc. has a 12 month low of $36.69 and a 12 month high of $62.20. The firm has a market cap of $9.66 billion, a price-to-earnings ratio of 145.19, a P/E/G ratio of 0.89 and a beta of 1.15. The company has a quick ratio of 1.33, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The company’s 50 day moving average is $55.53 and its 200-day moving average is $47.71.

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

Knight-Swift Transportation Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be given a $0.20 dividend. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, March 6th. Knight-Swift Transportation’s dividend payout ratio (DPR) is 175.61%.

Knight-Swift Transportation Company 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.