Knight-Swift Transportation Holdings Inc. (NYSE:KNX – Get Free Report) has been given a consensus rating of “Moderate Buy” by the twenty brokerages that are presently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $56.5882.
KNX has been the subject of several research reports. TD Cowen upped their price objective on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday, December 9th. Benchmark reiterated a “buy” rating on shares of Knight-Swift Transportation in a research report on Friday, October 24th. Weiss Ratings upgraded shares of Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, December 29th. Barclays cut their price objective on Knight-Swift Transportation from $55.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, October 2nd. Finally, Zacks Research raised Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd.
View Our Latest Stock Analysis on KNX
Knight-Swift Transportation Trading Up 0.4%
Knight-Swift Transportation (NYSE:KNX – Get Free Report) last announced its earnings results on Wednesday, October 22nd. The transportation company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. The business had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the prior year, the company earned $0.34 EPS. Knight-Swift Transportation’s revenue was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. Analysts predict that Knight-Swift Transportation will post 2.13 EPS for the current year.
Insiders Place Their Bets
In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 4,300 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $45.04, for a total value of $193,672.00. Following the completion of the transaction, the chief accounting officer 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Reed Stultz sold 4,692 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $51.51, for a total value of $241,684.92. Following the transaction, the senior vice president directly owned 465 shares of the company’s stock, valued at $23,952.15. This represents a 90.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 43,992 shares of company stock worth $2,220,707. 3.00% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Knight-Swift Transportation
Several hedge funds have recently bought and sold shares of KNX. Caitong International Asset Management Co. Ltd grew its holdings in 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 worth $35,000 after purchasing an additional 828 shares during the period. SJS Investment Consulting Inc. boosted its position in shares of Knight-Swift Transportation by 7,100.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock worth $37,000 after purchasing an additional 923 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Knight-Swift Transportation by 111.3% in the 3rd quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after purchasing an additional 493 shares in the last quarter. MMA Asset Management LLC purchased a new stake in shares of Knight-Swift Transportation in the 3rd quarter worth approximately $41,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Knight-Swift Transportation in the 2nd quarter worth approximately $55,000. Institutional investors own 88.77% of the company’s stock.
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.
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