Ploeg David Vander Sells 2,200 Shares of Knight-Swift Transportation (NYSE:KNX) Stock

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Director Ploeg David Vander sold 2,200 shares of Knight-Swift Transportation stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total transaction of $115,126.00. Following the completion of the transaction, the director directly owned 30,252 shares of the company’s stock, valued at $1,583,087.16. The trade was a 6.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Knight-Swift Transportation Trading Down 1.3%

KNX stock opened at $72.32 on Friday. The company’s 50-day simple moving average is $74.55 and its 200-day simple moving average is $66.41. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.32. Knight-Swift Transportation Holdings Inc. has a 52-week low of $38.63 and a 52-week high of $82.86. The firm has a market cap of $11.77 billion, a P/E ratio of 278.18, a PEG ratio of 0.61 and a beta of 1.18.

Knight-Swift Transportation (NYSE:KNX) last posted its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%.The firm had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same period last year, the firm earned $0.21 EPS. The company’s quarterly revenue was up 12.6% on a year-over-year basis. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, equities analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.49 EPS for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 21st. Shareholders of record on Friday, September 4th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, September 4th. Knight-Swift Transportation’s dividend payout ratio (DPR) is presently 307.69%.

Analyst Ratings Changes

KNX has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their target price on Knight-Swift Transportation from $77.00 to $84.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. TD Cowen boosted their price target on shares of Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Citizens Jmp assumed coverage on shares of Knight-Swift Transportation in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $90.00 price objective for the company. Benchmark increased their price objective on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Finally, Susquehanna lifted their target price on shares of Knight-Swift Transportation from $90.00 to $96.00 and gave the company a “positive” rating in a research report on Thursday, July 23rd. Two investment 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 company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $84.44.

Institutional Trading of Knight-Swift Transportation

Several large investors have recently made changes to their positions in the company. Blue Trust Inc. boosted its stake in 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 position in shares of Knight-Swift Transportation by 134.6% in the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock valued at $35,000 after buying an additional 385 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its position in shares of Knight-Swift Transportation by 1,478.6% in the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after buying an additional 828 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Knight-Swift Transportation in the fourth quarter worth about $39,000. Finally, Fifth Third Bancorp lifted its stake in shares of 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 buying an additional 267 shares in the last quarter. 88.77% of the stock is currently owned by hedge funds and other 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.