Y Intercept Hong Kong Ltd Increases Holdings in Knight-Swift Transportation Holdings Inc. $KNX

Y Intercept Hong Kong Ltd grew its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 31.0% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 85,396 shares of the transportation company’s stock after buying an additional 20,187 shares during the quarter. Y Intercept Hong Kong Ltd owned approximately 0.05% of Knight-Swift Transportation worth $3,374,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. GHP Investment Advisors Inc. increased its stake in shares of Knight-Swift Transportation by 2.8% in the 3rd quarter. GHP Investment Advisors Inc. now owns 51,294 shares of the transportation company’s stock worth $2,027,000 after acquiring an additional 1,393 shares in the last quarter. Hudson Edge Investment Partners Inc. grew its holdings in Knight-Swift Transportation by 12.9% in the third quarter. Hudson Edge Investment Partners Inc. now owns 17,134 shares of the transportation company’s stock worth $677,000 after purchasing an additional 1,963 shares during the period. Arkadios Wealth Advisors increased its stake in shares of Knight-Swift Transportation by 5.3% during the third quarter. Arkadios Wealth Advisors now owns 10,849 shares of the transportation company’s stock valued at $429,000 after purchasing an additional 547 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its holdings in shares of Knight-Swift Transportation by 10.2% during the third quarter. NorthCrest Asset Manangement LLC now owns 6,649 shares of the transportation company’s stock valued at $285,000 after purchasing an additional 616 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its position in shares of Knight-Swift Transportation by 49.7% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 17,888 shares of the transportation company’s stock worth $707,000 after purchasing an additional 5,942 shares in the last quarter. 88.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CAO Cary M. Flanagan sold 4,300 shares of the 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 sale, the chief accounting officer directly owned 5,644 shares of the company’s stock, valued at $254,205.76. This represents a 43.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Kevin P. Knight sold 35,000 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $51.01, for a total value of $1,785,350.00. Following the completion of the transaction, the chairman directly owned 1,405,347 shares of the company’s stock, valued at $71,686,750.47. The trade was a 2.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 43,992 shares of company stock valued at $2,220,707 over the last ninety days. Company insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on KNX. Evercore ISI raised their price target on Knight-Swift Transportation from $47.00 to $61.00 and gave the company an “in-line” rating in a report on Tuesday, January 13th. Benchmark boosted their target price on shares of Knight-Swift Transportation from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft upgraded shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and increased their price objective for the stock from $43.00 to $53.00 in a research note on Thursday, October 2nd. Susquehanna upped their price objective on Knight-Swift Transportation from $58.00 to $60.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. Finally, Bank of America upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $41.00 to $50.00 in a research note on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Knight-Swift Transportation presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Knight-Swift Transportation Stock Down 1.1%

KNX opened at $56.30 on Tuesday. The firm has a 50-day simple moving average of $52.07 and a two-hundred day simple moving average of $46.45. The company has a quick ratio of 1.33, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $9.14 billion, a PE ratio of 137.33, a price-to-earnings-growth ratio of 0.84 and a beta of 1.16. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $59.89.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings data on Wednesday, January 21st. The transportation company reported $0.31 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The business had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The firm’s revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.36 EPS. 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 earnings per share 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.