Ashton Thomas Private Wealth LLC Has $241,000 Position in Knight-Swift Transportation Holdings Inc. $KNX

Key Points

• Ashton Thomas Private Wealth LLC has reduced its stake in Knight-Swift Transportation Holdings Inc. by 72.6%, holding 5,540 shares worth $241,000 after selling off 14,649 shares in Q1.
• Several institutional investors have increased their positions in Knight-Swift, including Larson Financial Group LLC, which boosted holdings by 9,383.3%.
• Knight-Swift reported $0.35 EPS for the last quarter, exceeding estimates, and has set Q3 2025 guidance at 0.360-0.420 EPS.

Ashton Thomas Private Wealth LLC lowered its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 72.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,540 shares of the transportation company's stock after selling 14,649 shares during the period. Ashton Thomas Private Wealth LLC's holdings in Knight-Swift Transportation were worth $241,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Brooklyn Investment Group grew its holdings in shares of Knight-Swift Transportation by 93.4% during the 1st quarter. Brooklyn Investment Group now owns 642 shares of the transportation company's stock valued at $28,000 after acquiring an additional 310 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Knight-Swift Transportation by 40.0% during the 1st quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company's stock valued at $49,000 after acquiring an additional 324 shares in the last quarter. Tectonic Advisors LLC grew its holdings in shares of Knight-Swift Transportation by 0.6% during the 1st quarter. Tectonic Advisors LLC now owns 62,715 shares of the transportation company's stock valued at $2,727,000 after acquiring an additional 403 shares in the last quarter. Silvercrest Asset Management Group LLC grew its holdings in shares of Knight-Swift Transportation by 6.6% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 7,371 shares of the transportation company's stock valued at $391,000 after acquiring an additional 459 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Knight-Swift Transportation by 3.4% during the 4th quarter. Cetera Investment Advisers now owns 13,921 shares of the transportation company's stock valued at $738,000 after acquiring an additional 460 shares in the last quarter. Institutional investors own 88.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on KNX. UBS Group cut shares of Knight-Swift Transportation from a "buy" rating to a "neutral" rating and upped their price objective for the stock from $46.00 to $51.00 in a report on Friday, September 5th. Bank of America upped their price objective on shares of Knight-Swift Transportation from $47.00 to $49.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Citigroup upped their price objective on shares of Knight-Swift Transportation from $53.00 to $54.00 and gave the stock a "buy" rating in a report on Wednesday, July 9th. JPMorgan Chase & Co. upped their price objective on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a "neutral" rating in a report on Thursday, July 24th. Finally, The Goldman Sachs Group upgraded shares of Knight-Swift Transportation from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $45.00 to $65.00 in a report on Monday, June 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $54.19.

Knight-Swift Transportation Stock Performance

Knight-Swift Transportation stock traded down $0.42 on Thursday, reaching $41.30. 2,844,290 shares of the stock were exchanged, compared to its average volume of 2,326,558. The stock has a market cap of $6.70 billion, a PE ratio of 40.49, a PEG ratio of 0.62 and a beta of 1.19. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation Holdings Inc. has a twelve month low of $36.69 and a twelve month high of $61.51. The firm has a fifty day moving average price of $43.41 and a two-hundred day moving average price of $43.51.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.87 billion. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. The business's revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.24 EPS. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. Sell-side analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current year.

Knight-Swift Transportation Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 22nd. Stockholders of record on Friday, September 5th will be given a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.7%. Knight-Swift Transportation's dividend payout ratio is currently 70.59%.

Insider Activity at Knight-Swift Transportation

In other news, EVP Michael K. Liu sold 3,420 shares of the company's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total transaction of $148,462.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.00% of the company's stock.

About Knight-Swift Transportation

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.