Knight-Swift Transportation Holdings Inc. $KNX Shares Sold by DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main

by · The Cerbat Gem

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main trimmed its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNXFree Report) by 6.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,922,354 shares of the transportation company’s stock after selling 263,217 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned 2.42% of Knight-Swift Transportation worth $173,486,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of KNX. AQR Capital Management LLC lifted its position in shares of Knight-Swift Transportation by 8,856.8% during the first quarter. AQR Capital Management LLC now owns 1,647,150 shares of the transportation company’s stock worth $70,704,000 after purchasing an additional 1,628,760 shares in the last quarter. Norges Bank acquired a new position in shares of Knight-Swift Transportation in the second quarter valued at approximately $59,407,000. Clean Energy Transition LLP acquired a new position in shares of Knight-Swift Transportation in the second quarter valued at approximately $51,817,000. Cubist Systematic Strategies LLC increased its stake in Knight-Swift Transportation by 102,633.9% during the 1st quarter. Cubist Systematic Strategies LLC now owns 922,805 shares of the transportation company’s stock worth $40,133,000 after buying an additional 923,705 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Knight-Swift Transportation by 72.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,160,475 shares of the transportation company’s stock worth $95,558,000 after buying an additional 904,903 shares in the last quarter. 88.77% of the stock is 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 firm’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $45.04, for a total transaction of $193,672.00. Following the transaction, the chief accounting officer directly owned 5,644 shares of the company’s stock, valued at approximately $254,205.76. This trade represents a 43.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Reed Stultz sold 4,692 shares of Knight-Swift Transportation stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $51.51, for a total transaction of $241,684.92. Following the completion of the transaction, the senior vice president owned 465 shares in the company, valued at approximately $23,952.15. This represents a 90.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 43,992 shares of company stock worth $2,220,707 in the last 90 days. Company insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Morgan Stanley boosted their price target on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday. Stifel Nicolaus boosted their target price on Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. TD Cowen upped their price target on Knight-Swift Transportation from $53.00 to $60.00 and gave the stock a “buy” rating in a report on Tuesday. Bank of America upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and upped their target price for the stock from $41.00 to $50.00 in a research note on Thursday, October 16th. Finally, Wells Fargo & Company lifted their price objective on shares of Knight-Swift Transportation from $48.00 to $58.00 and gave the stock an “overweight” rating in a research report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $54.82.

Check Out Our Latest Analysis on Knight-Swift Transportation

Knight-Swift Transportation Stock Performance

NYSE KNX opened at $52.45 on Friday. The company has a fifty day moving average of $45.55 and a two-hundred day moving average of $44.18. The company has a market capitalization of $8.51 billion, a PE ratio of 59.60, a P/E/G ratio of 1.02 and a beta of 1.17. Knight-Swift Transportation Holdings Inc. has a 1 year low of $36.69 and a 1 year high of $61.51. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 1.33.

Knight-Swift Transportation (NYSE:KNXGet Free Report) last posted its earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.06). The firm had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, analysts expect that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be given a $0.18 dividend. The ex-dividend date is Friday, December 5th. This represents a $0.72 annualized dividend and a yield of 1.4%. Knight-Swift Transportation’s dividend payout ratio is 81.82%.

About Knight-Swift Transportation

(Free Report)

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.

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