Insider Selling: Knight-Swift Transportation (NYSE:KNX) Director Sells $115,126.00 in Stock

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Director Ploeg David Vander sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $52.33, for a total value of $115,126.00. Following the transaction, the director owned 30,252 shares in the company, valued at approximately $1,583,087.16. This trade represents a 6.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Knight-Swift Transportation Stock Performance

Shares of KNX stock opened at $72.32 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market cap of $11.77 billion, a PE ratio of 278.18, a price-to-earnings-growth ratio of 0.60 and a beta of 1.18. The stock has a 50-day moving average of $74.55 and a 200-day moving average of $66.41. Knight-Swift Transportation Holdings Inc. has a one year low of $38.63 and a one year high of $82.86.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The business had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.05 billion. During the same period last year, the company posted $0.21 EPS. Knight-Swift Transportation’s revenue for the quarter 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, sell-side analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.49 earnings per share for the current year.

Knight-Swift Transportation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Friday, September 4th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, September 4th. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 307.69%.

Hedge Funds Weigh In On Knight-Swift Transportation

Hedge funds and other institutional investors have recently bought and sold shares of the business. Strs Ohio raised its position in shares of Knight-Swift Transportation by 24.7% in the fourth quarter. Strs Ohio now owns 448,471 shares of the transportation company’s stock valued at $23,446,000 after purchasing an additional 88,707 shares during the period. UBS Group AG lifted its stake in shares of Knight-Swift Transportation by 44.3% during the 4th quarter. UBS Group AG now owns 2,430,896 shares of the transportation company’s stock worth $127,087,000 after buying an additional 745,787 shares during the last quarter. WINTON GROUP Ltd bought a new stake in shares of Knight-Swift Transportation during the fourth quarter worth approximately $6,551,000. Comerica Bank boosted its holdings in shares of Knight-Swift Transportation by 68.7% during the fourth quarter. Comerica Bank now owns 130,638 shares of the transportation company’s stock worth $6,830,000 after acquiring an additional 53,183 shares during the period. Finally, Pzena Investment Management LLC acquired a new position in shares of Knight-Swift Transportation in the fourth quarter valued at approximately $66,151,000. Institutional investors own 88.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on KNX shares. 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 report on Thursday, July 23rd. The Goldman Sachs Group lifted their target price on Knight-Swift Transportation from $65.00 to $86.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Bank of America boosted their target price on Knight-Swift Transportation from $90.00 to $98.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings restated a “hold (c-)” rating on shares of Knight-Swift Transportation in a report on Monday, July 13th. Finally, Robert W. Baird raised their price target on Knight-Swift Transportation from $62.00 to $70.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Knight-Swift Transportation has a consensus rating of “Moderate Buy” and an average price target of $84.44.

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.