Cary Flanagan Sells 4,300 Shares of Knight-Swift Transportation (NYSE:KNX) Stock

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) CAO Cary Flanagan sold 4,300 shares of the firm’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $45.04, for a total transaction of $193,672.00. Following the transaction, the chief accounting officer owned 5,644 shares in the company, valued at $254,205.76. This represents a 43.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Knight-Swift Transportation Trading Up 4.6%

Knight-Swift Transportation stock opened at $46.38 on Friday. Knight-Swift Transportation Holdings Inc. has a one year low of $36.69 and a one year high of $61.51. The company’s fifty day moving average price is $43.12 and its two-hundred day moving average price is $43.52. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 0.89. The company has a market capitalization of $7.53 billion, a price-to-earnings ratio of 52.70, a PEG ratio of 0.89 and a beta of 1.14.

Knight-Swift Transportation (NYSE:KNX) last released 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 $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The business’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.34 EPS. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Friday, December 5th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, December 5th. Knight-Swift Transportation’s dividend payout ratio (DPR) is 81.82%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC raised its position in shares of Knight-Swift Transportation by 8,856.8% during the first quarter. AQR Capital Management LLC now owns 1,647,150 shares of the transportation company’s stock valued at $70,704,000 after buying an additional 1,628,760 shares during the last quarter. Norges Bank bought a new position in Knight-Swift Transportation during the second quarter valued at about $59,407,000. Clean Energy Transition LLP acquired a new position in Knight-Swift Transportation in the 2nd quarter valued at approximately $51,817,000. Cubist Systematic Strategies LLC raised its holdings in Knight-Swift Transportation by 102,633.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 922,805 shares of the transportation company’s stock valued at $40,133,000 after acquiring an additional 923,705 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Knight-Swift Transportation by 72.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,160,475 shares of the transportation company’s stock worth $95,558,000 after acquiring an additional 904,903 shares during the period. Institutional investors own 88.77% of the company’s stock.

Analyst Upgrades and Downgrades

KNX has been the subject of a number of analyst reports. Susquehanna reduced their price objective on shares of Knight-Swift Transportation from $43.00 to $42.00 and set a “neutral” rating for the company in a research note on Thursday, October 23rd. UBS Group downgraded shares of Knight-Swift Transportation from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $46.00 to $51.00 in a report on Friday, September 5th. Evercore ISI cut their target price on shares of Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating for the company in a research report on Tuesday, September 30th. Zacks Research downgraded Knight-Swift Transportation from a “hold” rating to a “strong sell” rating in a research report on Friday, October 3rd. Finally, JPMorgan Chase & Co. lifted their price objective on Knight-Swift Transportation from $48.00 to $49.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Knight-Swift Transportation presently has a consensus rating of “Moderate Buy” and an average target price of $53.29.

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.