Knight-Swift Transportation (NYSE:KNX) CAO Cary Flanagan Sells 3,600 Shares

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) CAO Cary Flanagan sold 3,600 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $70.82, for a total value of $254,952.00. Following the sale, the chief accounting officer owned 5,405 shares of the company’s stock, valued at $382,782.10. The trade was a 39.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Knight-Swift Transportation Trading Down 0.3%

NYSE:KNX opened at $69.59 on Friday. The stock has a market cap of $11.31 billion, a PE ratio of 267.68, a price-to-earnings-growth ratio of 0.59 and a beta of 1.18. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $38.63 and a fifty-two week high of $82.86. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.88 and a quick ratio of 0.70. The stock’s 50-day moving average is $75.64 and its two-hundred day moving average is $65.48.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.12. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.05 billion. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The firm’s revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.21 earnings per share. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, equities research analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.42 earnings per share for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 8th were given a $0.20 dividend. The ex-dividend date was Monday, June 8th. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. Knight-Swift Transportation’s dividend payout ratio is presently 307.69%.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Barclays boosted their price target on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Stifel Nicolaus increased their price objective on Knight-Swift Transportation from $85.00 to $88.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Zacks Research raised Knight-Swift Transportation from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Citizens Jmp started coverage on Knight-Swift Transportation in a research note on Wednesday, July 15th. They issued a “market outperform” rating and a $90.00 target price on the stock. Finally, TD Cowen upped their target price on Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $84.44.

Institutional Trading of Knight-Swift Transportation

Large investors have recently added to or reduced their stakes in the business. Blue Trust Inc. increased its stake in shares of Knight-Swift Transportation by 123.9% during the 1st quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock worth $31,000 after purchasing an additional 301 shares during the last quarter. Clearstead Advisors LLC raised its holdings in shares of Knight-Swift Transportation by 134.6% during the 4th quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 385 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Knight-Swift Transportation by 1,478.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 828 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Knight-Swift Transportation in the 4th quarter valued at $39,000. Finally, Fifth Third Bancorp boosted its holdings in Knight-Swift Transportation by 44.4% in the fourth quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock worth $45,000 after purchasing an additional 267 shares in the last quarter. 88.77% of the stock is owned by institutional investors.

About Knight-Swift Transportation

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.