Knight-Swift Transportation Holdings Inc. $KNX Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 27.6% during the 3rd quarter, Holdings Channel reports. The firm owned 36,907 shares of the transportation company’s stock after selling 14,050 shares during the quarter. Teacher Retirement System of Texas’ holdings in Knight-Swift Transportation were worth $1,458,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its holdings in shares of Knight-Swift Transportation by 23.3% during the first quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock worth $259,000 after purchasing an additional 1,124 shares during the period. Focus Partners Wealth purchased a new position in Knight-Swift Transportation during the 1st quarter worth approximately $451,000. Signaturefd LLC raised its position in Knight-Swift Transportation by 31.8% during the 2nd quarter. Signaturefd LLC now owns 3,044 shares of the transportation company’s stock worth $135,000 after buying an additional 734 shares during the last quarter. KLP Kapitalforvaltning AS lifted its stake in Knight-Swift Transportation by 6.7% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 33,400 shares of the transportation company’s stock valued at $1,477,000 after acquiring an additional 2,100 shares during the period. Finally, Tectonic Advisors LLC boosted its holdings in shares of Knight-Swift Transportation by 3.2% in the 2nd quarter. Tectonic Advisors LLC now owns 64,712 shares of the transportation company’s stock valued at $2,862,000 after acquiring an additional 1,997 shares during the last quarter. 88.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 4,300 shares of the company’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 completion of the transaction, the chief accounting officer directly owned 5,644 shares in the company, valued at approximately $254,205.76. This represents a 43.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Reed Stultz sold 4,692 shares of the stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $51.51, for a total transaction of $241,684.92. Following the transaction, the senior vice president directly owned 465 shares in the company, valued at approximately $23,952.15. The trade was a 90.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 43,992 shares of company stock valued at $2,220,707. 3.00% of the stock is owned by corporate insiders.

Knight-Swift Transportation Stock Performance

NYSE KNX opened at $55.05 on Friday. The stock has a market capitalization of $8.94 billion, a price-to-earnings ratio of 134.28, a PEG ratio of 0.82 and a beta of 1.16. The stock has a 50-day moving average of $53.11 and a 200 day moving average of $46.70. The company has a current ratio of 0.86, a quick ratio of 1.33 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation Holdings Inc. has a twelve month low of $36.69 and a twelve month high of $59.89.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings data on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. The firm’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. Sell-side analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on KNX shares. Zacks Research raised shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Evercore ISI increased their price target on Knight-Swift Transportation from $47.00 to $61.00 and gave the stock an “in-line” rating in a research report on Tuesday, January 13th. Susquehanna lifted their price objective on Knight-Swift Transportation from $58.00 to $60.00 and gave the company a “neutral” rating in a research note on Thursday, January 22nd. Weiss Ratings upgraded Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. raised their target price on Knight-Swift Transportation from $49.00 to $61.00 and gave the stock a “neutral” rating in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $60.00.

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.