Knight-Swift Transportation Holdings Inc. $KNX Stock Position Decreased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its holdings in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 18.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,036,866 shares of the transportation company’s stock after selling 231,072 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Knight-Swift Transportation were worth $40,967,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. SJS Investment Consulting Inc. raised its position in shares of Knight-Swift Transportation by 7,100.0% during 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 during the period. Versant Capital Management Inc grew its stake in Knight-Swift Transportation by 111.3% during the 3rd quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after buying an additional 493 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in Knight-Swift Transportation in the second quarter worth $58,000. Bartlett & CO. Wealth Management LLC lifted its stake in Knight-Swift Transportation by 68.7% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 2,087 shares of the transportation company’s stock valued at $82,000 after buying an additional 850 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in Knight-Swift Transportation by 21.3% in the second quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock valued at $96,000 after buying an additional 379 shares during the last quarter. 88.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 4,300 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $45.04, for a total value of $193,672.00. Following the sale, the chief accounting officer directly owned 5,644 shares in the company, valued at approximately $254,205.76. The trade was a 43.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Kevin P. Knight sold 35,000 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total transaction of $1,785,350.00. Following the transaction, the chairman owned 1,405,347 shares of the company’s stock, valued at approximately $71,686,750.47. This trade represents a 2.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 43,992 shares of company stock valued at $2,220,707 over the last three months. Company insiders own 3.00% of the company’s stock.

Analyst Ratings Changes

KNX has been the topic of a number of analyst reports. Bank of America raised shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $41.00 to $50.00 in a report on Thursday, October 16th. Wells Fargo & Company upped their target price on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. UBS Group lifted their price target on Knight-Swift Transportation from $51.00 to $54.00 and gave the company a “neutral” rating in a report on Thursday, January 22nd. Barclays boosted their price objective on Knight-Swift Transportation from $50.00 to $65.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Finally, Stephens lowered their target price on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

Knight-Swift Transportation Price Performance

NYSE KNX opened at $59.11 on Tuesday. The firm has a market capitalization of $9.60 billion, a PE ratio of 144.18, a P/E/G ratio of 0.81 and a beta of 1.15. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 1.33. Knight-Swift Transportation Holdings Inc. has a 12 month low of $36.69 and a 12 month high of $59.89. The company’s 50 day simple moving average is $53.41 and its 200 day simple moving average is $46.81.

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

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.