Knight-Swift Transportation Holdings Inc. $KNX Shares Sold by ArrowMark Colorado Holdings LLC

ArrowMark Colorado Holdings LLC decreased its stake in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 50.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 54,813 shares of the transportation company’s stock after selling 56,000 shares during the quarter. ArrowMark Colorado Holdings LLC’s holdings in Knight-Swift Transportation were worth $2,166,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of KNX. Victory Capital Management Inc. grew its position in shares of Knight-Swift Transportation by 0.9% during the third quarter. Victory Capital Management Inc. now owns 8,496,137 shares of the transportation company’s stock worth $335,682,000 after buying an additional 76,342 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Knight-Swift Transportation by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 8,267,687 shares of the transportation company’s stock valued at $326,664,000 after acquiring an additional 124,426 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Knight-Swift Transportation by 21.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock valued at $169,826,000 after acquiring an additional 765,833 shares in the last quarter. AQR Capital Management LLC lifted its stake in Knight-Swift Transportation by 36.5% in the second quarter. AQR Capital Management LLC now owns 2,248,258 shares of the transportation company’s stock worth $99,440,000 after acquiring an additional 601,108 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its stake in Knight-Swift Transportation by 269.7% in the third quarter. Balyasny Asset Management L.P. now owns 2,231,439 shares of the transportation company’s stock worth $88,164,000 after acquiring an additional 1,627,791 shares during the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Insider Activity

In other Knight-Swift Transportation news, EVP Michael K. Liu sold 1,243 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total transaction of $75,661.41. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO James L. Fitzsimmons sold 5,917 shares of the firm’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total transaction of $324,074.09. Following the completion of the sale, the chief operating officer owned 8,716 shares of the company’s stock, valued at $477,375.32. This trade represents a 40.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 42,930 shares of company stock valued at $2,581,186. 3.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

KNX has been the topic of a number of recent analyst reports. Citigroup raised shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $64.00 price objective on the stock in a research report on Friday. Wells Fargo & Company set a $64.00 price objective on shares of Knight-Swift Transportation in a research report on Friday. Susquehanna boosted their target price on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. Benchmark increased their target price on Knight-Swift Transportation from $60.00 to $65.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Finally, Morgan Stanley raised their price target on Knight-Swift Transportation from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Knight-Swift Transportation currently has a consensus rating of “Moderate Buy” and an average target price of $60.78.

Knight-Swift Transportation Stock Down 0.2%

KNX opened at $51.91 on Monday. The business has a 50 day moving average price of $58.13 and a two-hundred day moving average price of $50.09. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The company has a market cap of $8.43 billion, a PE ratio of 126.61, a P/E/G ratio of 0.77 and a beta of 1.11. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $64.10.

Knight-Swift Transportation (NYSE:KNX) last announced its earnings results on Wednesday, January 21st. The transportation company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.05). The company 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 company’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter last year, the business posted $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. As a group, research analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be given a $0.20 dividend. This is a positive change from Knight-Swift Transportation’s previous quarterly dividend of $0.18. The ex-dividend date is Friday, March 6th. This represents a $0.80 dividend on an annualized basis and a yield of 1.5%. Knight-Swift Transportation’s payout ratio is 195.12%.

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.