Short Interest in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Decreases By 17.9%

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) was the target of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 7,921,421 shares, a decrease of 17.9% from the January 15th total of 9,653,685 shares. Based on an average daily volume of 3,765,830 shares, the days-to-cover ratio is presently 2.1 days. Approximately 5.0% of the shares of the stock are short sold. Approximately 5.0% of the shares of the stock are short sold. Based on an average daily volume of 3,765,830 shares, the days-to-cover ratio is presently 2.1 days.

Insider Activity

In related news, SVP Reed Stultz sold 4,692 shares of the stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $51.51, for a total transaction of $241,684.92. Following the sale, the senior vice president directly owned 465 shares in the company, valued at $23,952.15. This represents a 90.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael K. Liu sold 1,243 shares of Knight-Swift Transportation stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total value of $75,661.41. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 46,852 shares of company stock worth $2,426,770. Company insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Several hedge funds have recently bought and sold shares of KNX. Hussman Strategic Advisors Inc. bought a new stake in Knight-Swift Transportation during the 3rd quarter worth approximately $830,000. Deprince Race & Zollo Inc. boosted its holdings in shares of Knight-Swift Transportation by 5.8% in the third quarter. Deprince Race & Zollo Inc. now owns 701,856 shares of the transportation company’s stock valued at $27,730,000 after buying an additional 38,474 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of Knight-Swift Transportation by 21.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock worth $169,826,000 after acquiring an additional 765,833 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Knight-Swift Transportation during the third quarter worth $749,000. Finally, Entropy Technologies LP bought a new stake in Knight-Swift Transportation in the 2nd quarter valued at $1,232,000. 88.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Zacks Research raised Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Evercore boosted their target price on shares of Knight-Swift Transportation from $47.00 to $61.00 and gave the stock an “in-line” rating in a research note on Tuesday, January 13th. Barclays upped their target price on shares of Knight-Swift Transportation from $50.00 to $65.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Susquehanna raised their price target on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the company a “neutral” rating in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Knight-Swift Transportation from $49.00 to $61.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $60.00.

Knight-Swift Transportation Trading Up 0.6%

Shares of NYSE:KNX traded up $0.38 during midday trading on Tuesday, hitting $59.93. The company had a trading volume of 2,184,187 shares, compared to its average volume of 3,639,196. 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 has a 12 month low of $36.69 and a 12 month high of $62.20. The firm has a fifty day simple moving average of $55.91 and a 200 day simple moving average of $48.03. The stock has a market cap of $9.73 billion, a price-to-earnings ratio of 146.17, a PEG ratio of 0.88 and a beta of 1.15.

Knight-Swift Transportation (NYSE:KNX) last released 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 company had revenue of $1.86 billion during the quarter, compared to the consensus estimate 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 in the prior year, the company posted $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, analysts predict that Knight-Swift Transportation 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 issued a dividend of $0.20 per share. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, March 6th. Knight-Swift Transportation’s dividend payout ratio is presently 175.61%.

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.