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

Waycross Partners LLC bought a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 378,016 shares of the transportation company’s stock, valued at approximately $24,038,000. Knight-Swift Transportation comprises about 1.9% of Waycross Partners LLC’s investment portfolio, making the stock its 25th biggest holding.

Several other institutional investors have also recently added to or reduced their stakes in the business. MCF Advisors LLC lifted its position in Knight-Swift Transportation by 55.8% during the second quarter. MCF Advisors LLC now owns 676 shares of the transportation company’s stock worth $53,000 after buying an additional 242 shares during the period. Provenance Wealth Advisors LLC acquired a new stake in Knight-Swift Transportation in the 3rd quarter worth about $53,000. Heritage Family Offices LLP purchased a new stake in Knight-Swift Transportation in the 3rd quarter valued at about $66,000. Root Financial Partners LLC purchased a new stake in Knight-Swift Transportation in the 3rd quarter valued at about $94,000. Finally, Bessemer Group Inc. grew its holdings in Knight-Swift Transportation by 280.2% in the 1st quarter. Bessemer Group Inc. now owns 2,129 shares of the transportation company’s stock valued at $122,000 after buying an additional 1,569 shares during the period. 88.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Knight-Swift Transportation news, Director David Vander Ploeg sold 2,200 shares of Knight-Swift Transportation stock in a transaction that occurred 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 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Reid Dove sold 126,864 shares of Knight-Swift Transportation stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $73.13, for a total transaction of $9,277,564.32. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 171,354 shares of company stock valued at $12,416,002. Corporate insiders own 2.90% of the company’s stock.

Knight-Swift Transportation News Roundup

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.

Analyst Ratings Changes

KNX has been the subject of a number of research analyst reports. TD Cowen upped their price objective on shares of Knight-Swift Transportation from $82.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Raymond James Financial reissued a “strong-buy” rating and issued a $84.00 target price on shares of Knight-Swift Transportation in a research report on Thursday, October 22nd. Weiss Ratings upgraded shares of Knight-Swift Transportation from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 29th. Morgan Stanley set a $90.00 target price on shares of Knight-Swift Transportation in a report on Wednesday, September 2nd. Finally, Susquehanna upped their price target on shares of Knight-Swift Transportation from $85.00 to $93.00 and gave the stock a “positive” rating in a research report on Monday, October 26th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.22.

Knight-Swift Transportation Trading Down 1.8%

NYSE:KNX traded down $1.09 on Friday, hitting $58.38. 4,213,853 shares of the stock were exchanged, compared to its average volume of 3,610,356. The stock 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. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.30. The stock has a fifty day moving average of $64.94 and a 200-day moving average of $66.05. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $41.24 and a fifty-two week high of $82.86.

Knight-Swift Transportation (NYSE:KNX) last released 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. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.16 billion. Knight-Swift Transportation had a return on equity of 4.71% and a net margin of 1.92%. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period last year, the business posted $0.32 EPS. As a group, equities analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.47 earnings per share for the current fiscal year.

Knight-Swift Transportation Company 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.