Cary Flanagan Sells 3,600 Shares of Knight-Swift Transportation (NYSE:KNX) Stock

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) CAO Cary Flanagan sold 3,600 shares of Knight-Swift Transportation stock in a transaction on Friday, July 31st. The stock was sold at an average price of $70.82, for a total transaction of $254,952.00. Following the sale, the chief accounting officer directly owned 5,405 shares in the company, valued at approximately $382,782.10. This trade represents a 39.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Knight-Swift Transportation Price Performance

Shares of NYSE KNX opened at $69.59 on Friday. The firm has a 50-day simple moving average of $75.64 and a 200-day simple moving average of $65.48. The stock has a market capitalization of $11.31 billion, a price-to-earnings ratio of 267.68, a price-to-earnings-growth ratio of 0.59 and a beta of 1.18. The company has a quick ratio of 0.70, 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.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share for the quarter, topping 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 firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same period in the previous year, the business posted $0.21 earnings per share. Knight-Swift Transportation’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. On average, equities analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.42 earnings per share for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Monday, June 8th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, June 8th. Knight-Swift Transportation’s dividend payout ratio (DPR) is 307.69%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on KNX shares. Weiss Ratings restated a “hold (c-)” rating on shares of Knight-Swift Transportation in a research report on Monday, July 13th. Stephens upgraded Knight-Swift Transportation to a “strong-buy” rating in a report on Wednesday, July 8th. Wells Fargo & Company lifted their price target on Knight-Swift Transportation from $65.00 to $86.00 and gave the stock an “overweight” rating in a report on Friday, June 5th. UBS Group boosted their price target on shares of Knight-Swift Transportation from $79.00 to $94.00 and gave the company a “buy” rating in a research report on Monday, June 1st. Finally, Raymond James Financial upped their price objective on shares of Knight-Swift Transportation from $76.00 to $91.00 and gave the company a “strong-buy” rating in a report on Thursday, July 2nd. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Knight-Swift Transportation has an average rating of “Buy” and an average target price of $84.44.

Institutional Investors Weigh In On Knight-Swift Transportation

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Blue Trust Inc. raised its position in Knight-Swift Transportation by 123.9% in the first quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 301 shares during the period. Clearstead Advisors LLC lifted its stake in shares of Knight-Swift Transportation by 134.6% in the 4th quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 385 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Knight-Swift Transportation during the 4th quarter worth $39,000. Fifth Third Bancorp grew its holdings in shares of Knight-Swift Transportation by 44.4% during the 4th quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock worth $45,000 after purchasing an additional 267 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its position in shares of Knight-Swift Transportation by 1,478.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock worth $35,000 after purchasing an additional 828 shares during the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Company Profile

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.