Knight-Swift Transportation Holdings Inc. $KNX Shares Purchased by Norris Perne & French LLP MI

Key Points

• Norris Perne & French raised its stake in Knight‑Swift (NYSE:KNX) by 7% to 444,318 shares, worth about $23.2 million (roughly 0.27% of the company).
• Insiders sold 42,930 KNX shares (~$2.58 million) in the last 90 days, including CFO Joshua Smith (5,770 shares) and Chairman Kevin P. Knight (30,000 shares); insiders now own about 2.9% of the company.
• Financials and payout: Knight‑Swift missed Q4 estimates (EPS $0.31 vs. $0.36 expected; revenue $1.86B vs. $1.90B) and guided Q1 EPS to $0.28–$0.32, while raising its quarterly dividend to $0.20 ($0.80 annualized, ~1.3% yield) despite a high payout ratio (~195%).

Norris Perne & French LLP MI raised its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 7.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 444,318 shares of the transportation company's stock after buying an additional 28,945 shares during the quarter. Knight-Swift Transportation makes up approximately 1.5% of Norris Perne & French LLP MI's investment portfolio, making the stock its 26th largest position. Norris Perne & French LLP MI owned about 0.27% of Knight-Swift Transportation worth $23,229,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in KNX. Caitong International Asset Management Co. Ltd grew its holdings in Knight-Swift Transportation by 1,478.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company's stock valued at $35,000 after buying an additional 828 shares in the last quarter. SJS Investment Consulting Inc. grew its holdings 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 grew its holdings in Knight-Swift Transportation by 111.3% in the 3rd quarter. Versant Capital Management Inc now owns 936 shares of the transportation company's stock valued at $37,000 after buying an additional 493 shares in the last quarter. MMA Asset Management LLC purchased a new stake in Knight-Swift Transportation in the 3rd quarter valued at $41,000. Finally, Bartlett & CO. Wealth Management LLC grew its holdings in Knight-Swift Transportation by 68.7% in the 3rd 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 in the last quarter. 88.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Knight-Swift Transportation

In related news, CFO Joshua Smith sold 5,770 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $60.91, for a total transaction of $351,450.70. Following the transaction, the chief financial officer owned 9,214 shares of the company's stock, valued at approximately $561,224.74. This represents a 38.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Kevin P. Knight sold 30,000 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $61.00, for a total value of $1,830,000.00. Following the transaction, the chairman directly owned 1,305,347 shares in the company, valued at approximately $79,626,167. The trade was a 2.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,930 shares of company stock worth $2,581,186 in the last 90 days. Insiders own 2.90% of the company's stock.

Knight-Swift Transportation Stock Performance

NYSE KNX opened at $61.73 on Tuesday. The stock has a market cap of $10.03 billion, a PE ratio of 150.55, a P/E/G ratio of 0.92 and a beta of 1.11. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation Holdings Inc. has a twelve month low of $37.70 and a twelve month high of $64.10. The stock has a fifty day simple moving average of $58.34 and a 200-day simple moving average of $52.30.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its quarterly earnings results 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 for the quarter, compared to analysts' expectations of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The business's revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. Equities analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Friday, March 6th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, March 6th. This is a positive change from Knight-Swift Transportation's previous quarterly dividend of $0.18. Knight-Swift Transportation's dividend payout ratio is currently 195.12%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on KNX. Stifel Nicolaus upped their target price on Knight-Swift Transportation from $61.00 to $63.00 and gave the company a "buy" rating in a report on Thursday, April 2nd. Wells Fargo & Company upped their target price on Knight-Swift Transportation from $60.00 to $65.00 and gave the company an "overweight" rating in a report on Tuesday, April 7th. Susquehanna upped their target price on Knight-Swift Transportation from $58.00 to $60.00 and gave the company a "neutral" rating in a report on Thursday, January 22nd. Evercore upgraded Knight-Swift Transportation from an "in-line" rating to an "outperform" rating and set a $65.00 target price for the company in a report on Friday, March 27th. Finally, Citigroup upgraded Knight-Swift Transportation from a "neutral" rating to a "buy" rating and set a $64.00 target price for the company in a report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Knight-Swift Transportation currently has an average rating of "Moderate Buy" and a consensus price target of $61.83.

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.

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