Hussman Strategic Advisors Inc. Acquires Shares of 21,000 Knight-Swift Transportation Holdings Inc. $KNX

Hussman Strategic Advisors Inc. acquired a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 21,000 shares of the transportation company’s stock, valued at approximately $830,000.

A number of other hedge funds have also modified their holdings of KNX. SJS Investment Consulting Inc. boosted its stake in Knight-Swift Transportation by 7,100.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after buying an additional 923 shares in the last quarter. Versant Capital Management Inc raised its stake in Knight-Swift Transportation by 111.3% during the third quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after acquiring an additional 493 shares in the last quarter. Employees Retirement System of Texas bought a new position in shares of Knight-Swift Transportation during the second quarter valued at $58,000. Bartlett & CO. Wealth Management LLC lifted its holdings in shares of Knight-Swift Transportation by 68.7% during the third quarter. Bartlett & CO. Wealth Management LLC now owns 2,087 shares of the transportation company’s stock valued at $82,000 after acquiring an additional 850 shares during the period. Finally, IFP Advisors Inc boosted its stake in shares of Knight-Swift Transportation by 21.3% in the 2nd quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock valued at $96,000 after purchasing an additional 379 shares in the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.

Knight-Swift Transportation Stock Performance

KNX stock opened at $55.65 on Thursday. The company has a 50 day moving average price of $52.61 and a 200 day moving average price of $46.57. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $36.69 and a fifty-two week high of $59.89. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 1.33. The stock has a market capitalization of $9.03 billion, a PE ratio of 135.74, a price-to-earnings-growth ratio of 0.81 and a beta of 1.16.

Knight-Swift Transportation (NYSE:KNX) last released its earnings results on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.05). The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.90 billion. Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. The firm’s quarterly revenue was down .4% on a year-over-year basis. During the same period 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. Analysts forecast that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Analyst Upgrades and Downgrades

KNX has been the subject of a number of recent analyst reports. Citigroup increased their target price on shares of Knight-Swift Transportation from $59.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Barclays upped their price objective on shares of Knight-Swift Transportation from $50.00 to $65.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft raised shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and raised their price objective for the stock from $43.00 to $53.00 in a report on Thursday, October 2nd. Raymond James Financial lifted their target price on shares of Knight-Swift Transportation from $55.00 to $59.00 and gave the company a “strong-buy” rating in a research note on Tuesday, October 14th. Finally, Bank of America upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and increased their price target for the stock from $41.00 to $50.00 in a research report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Insider Buying and Selling

In other news, SVP Reed Stultz sold 4,692 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $51.51, for a total value of $241,684.92. Following the transaction, the senior vice president owned 465 shares of the company’s stock, valued at approximately $23,952.15. This trade represents a 90.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Cary M. Flanagan sold 4,300 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $45.04, for a total transaction of $193,672.00. Following the sale, 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 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 over the last three months. 3.00% of the stock is currently owned by company insiders.

Knight-Swift Transportation 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.