Waycross Partners LLC Acquires 378,016 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Waycross Partners LLC bought a new position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 378,016 shares of the transportation company’s stock, valued at approximately $24,038,000. Knight-Swift Transportation makes up 1.9% of Waycross Partners LLC’s investment portfolio, making the stock its 25th biggest holding. Waycross Partners LLC owned approximately 0.23% of Knight-Swift Transportation at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of KNX. MCF Advisors LLC increased its position in shares of Knight-Swift Transportation by 55.8% in the second quarter. MCF Advisors LLC now owns 676 shares of the transportation company’s stock valued at $53,000 after buying an additional 242 shares in the last quarter. Provenance Wealth Advisors LLC acquired a new position in shares of Knight-Swift Transportation during the 3rd quarter worth $53,000. Heritage Family Offices LLP purchased a new stake in shares of Knight-Swift Transportation in the 3rd quarter worth about $66,000. Root Financial Partners LLC purchased a new stake in shares of Knight-Swift Transportation in the 3rd quarter worth about $94,000. Finally, Bessemer Group Inc. boosted its position in shares of Knight-Swift Transportation by 280.2% in the 1st quarter. Bessemer Group Inc. now owns 2,129 shares of the transportation company’s stock worth $122,000 after buying an additional 1,569 shares in the last quarter. 88.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Knight-Swift Transportation

In other Knight-Swift Transportation news, Director David Vander Ploeg sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total transaction of $115,126.00. Following the sale, the director directly owned 30,252 shares of the company’s stock, valued at $1,583,087.16. This trade represents a 6.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Reid Dove sold 126,864 shares of Knight-Swift Transportation stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $73.13, for a total transaction of $9,277,564.32. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 171,354 shares of company stock worth $12,416,002. 2.90% of the stock is owned by insiders.

Trending Headlines about Knight-Swift Transportation

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $2.55 from $2.45 and lifted estimates for FY2027 and FY2028 to $3.66 and $5.01, respectively. The upgrades suggest better longer-term earnings expectations, although Zacks maintained a Hold rating. Knight-Swift stock coverage
• Neutral Sentiment: The company kept its quarterly cash dividend at $0.20 per share, payable Dec. 21 to shareholders of record Dec. 7. The steady payout supports income investors but is not an increase. Dividend announcement
• Negative Sentiment: Zacks trimmed its Q4 2026 EPS estimate to $0.79 from $0.81, a modest near-term downgrade that partly offsets the broader upward revisions.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Citigroup reissued a “market outperform” rating on shares of Knight-Swift Transportation in a research note on Thursday, October 22nd. Sanford C. Bernstein assumed coverage on shares of Knight-Swift Transportation in a research report on Thursday, September 10th. They set an “outperform” rating and a $91.00 target price for the company. UBS Group reaffirmed a “buy” rating on shares of Knight-Swift Transportation in a report on Thursday, October 22nd. Wall Street Zen upgraded shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. Finally, JPMorgan Chase & Co. increased their price target on shares of Knight-Swift Transportation from $68.00 to $74.00 and gave the company a “neutral” rating in a research report on Thursday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $83.22.

Knight-Swift Transportation Price Performance

Shares of NYSE:KNX traded down $1.09 on Friday, hitting $58.38. The company had a trading volume of 4,213,853 shares, compared to its average volume of 3,610,356. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation Holdings Inc. has a 52-week low of $41.24 and a 52-week high of $82.86. The business has a 50 day moving average of $64.94 and a 200 day moving average of $66.05. The company has a market cap of $9.50 billion, a PE ratio of 62.77, a PEG ratio of 0.51 and a beta of 1.20.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings data on Wednesday, October 21st. The transportation company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.07. Knight-Swift Transportation had a return on equity of 4.71% and a net margin of 1.92%. The firm had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter last year, the business posted $0.32 EPS. The firm’s quarterly revenue was up 14.2% compared to the same quarter last year. As a group, equities analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.47 earnings per share for the current fiscal year.

Knight-Swift Transportation Profile

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. The company operates one of the largest truckload fleets in the United States and serves a broad range of industries through its network of company-owned equipment, independent contractors, terminals and distribution facilities.

Its services include dry-van, refrigerated and flatbed truckload transportation; dedicated and expedited delivery; less-than-truckload shipping; freight brokerage; intermodal transportation; cross-border logistics; and warehousing and other supply-chain services.