Knight-Swift Transportation Holdings Inc. $KNX Shares Sold by Sepio Capital LP

Sepio Capital LP reduced its position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 27.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,088 shares of the transportation company’s stock after selling 4,475 shares during the period. Sepio Capital LP’s holdings in Knight-Swift Transportation were worth $535,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Lido Advisors LLC purchased a new position in Knight-Swift Transportation in the 2nd quarter worth approximately $1,763,000. Ceredex Value Advisors LLC acquired a new stake in Knight-Swift Transportation during the 2nd quarter valued at $21,495,000. Norges Bank acquired a new position in Knight-Swift Transportation in the 2nd quarter worth $59,407,000. State Board of Administration of Florida Retirement System lifted its holdings in Knight-Swift Transportation by 0.8% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 136,557 shares of the transportation company’s stock worth $6,040,000 after buying an additional 1,082 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its position in Knight-Swift Transportation by 213.5% in the 2nd quarter. Quadrant Capital Group LLC now owns 10,964 shares of the transportation company’s stock valued at $485,000 after buying an additional 7,467 shares during the last quarter. 88.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Knight-Swift Transportation

In other news, CAO Cary M. Flanagan sold 4,300 shares of the company’s stock in a transaction dated 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 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 Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Michael K. Liu sold 3,420 shares of the stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.00% of the company’s stock.

Knight-Swift Transportation Trading Up 3.3%

NYSE KNX opened at $47.30 on Tuesday. The firm has a market capitalization of $7.68 billion, a PE ratio of 53.74, a price-to-earnings-growth ratio of 0.89 and a beta of 1.14. Knight-Swift Transportation Holdings Inc. has a one year low of $36.69 and a one year high of $61.51. The company has a 50-day simple moving average of $43.74 and a 200-day simple moving average of $43.82. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 1.33.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The company had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, equities analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 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, December 22nd. Stockholders of record on Friday, December 5th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.5%. Knight-Swift Transportation’s payout ratio is 81.82%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on KNX shares. Zacks Research cut Knight-Swift Transportation from a “hold” rating to a “strong sell” rating in a research note on Friday, October 3rd. UBS Group downgraded Knight-Swift Transportation from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $46.00 to $51.00 in a report on Friday, September 5th. Citigroup reduced their target price on Knight-Swift Transportation from $54.00 to $53.00 and set a “buy” rating for the company in a research note on Monday, October 13th. Evercore ISI dropped their price target on shares of Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating for the company in a research note on Tuesday, September 30th. Finally, TD Cowen increased their price objective on shares of Knight-Swift Transportation from $44.00 to $53.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Knight-Swift Transportation presently has an average rating of “Moderate Buy” and an average price target of $53.29.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.