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 Knight-Swift Transportation stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $51.51, for a total value of $241,684.92. Following the sale, the senior vice president directly owned 465 shares of the company’s stock, valued at $23,952.15. This trade represents a 90.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Knight-Swift Transportation Stock Performance

NYSE KNX opened at $51.28 on Friday. The company has a market capitalization of $8.32 billion, a PE ratio of 58.27, a P/E/G ratio of 1.03 and a beta of 1.17. Knight-Swift Transportation Holdings Inc. has a 1 year low of $36.69 and a 1 year high of $61.51. The company has a fifty day moving average of $44.63 and a two-hundred day moving average of $43.98. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 1.33.

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

Knight-Swift Transportation Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Zacks Research upgraded Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft raised shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and increased their price objective for the stock from $43.00 to $53.00 in a research report on Thursday, October 2nd. Bank of America upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and raised their target price for the company from $41.00 to $50.00 in a report on Thursday, October 16th. Morgan Stanley lowered their target price on Knight-Swift Transportation from $68.00 to $67.00 and set an “overweight” rating for the company in a research note on Monday, October 6th. Finally, UBS Group lowered shares of Knight-Swift Transportation from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $46.00 to $51.00 in a research note on Friday, September 5th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Knight-Swift Transportation has an average rating of “Moderate Buy” and an average target price of $53.29.

Institutional Trading of Knight-Swift Transportation

A number of hedge funds and other institutional investors have recently modified their holdings of the company. ProShare Advisors LLC boosted its position in shares of Knight-Swift Transportation by 3.8% in the 2nd quarter. ProShare Advisors LLC now owns 7,529 shares of the transportation company’s stock valued at $333,000 after purchasing an additional 276 shares during the period. Public Employees Retirement System of Ohio lifted its stake in Knight-Swift Transportation by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 52,930 shares of the transportation company’s stock valued at $2,091,000 after buying an additional 306 shares during the last quarter. Brooklyn Investment Group boosted its holdings in shares of Knight-Swift Transportation by 93.4% in the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 310 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of 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 acquiring an additional 343 shares during the period. Finally, Benjamin Edwards Inc. grew its position in shares of 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 acquiring an additional 351 shares during the last quarter. Institutional investors own 88.77% of the company’s stock.

About Knight-Swift Transportation

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.