Knight-Swift Transportation Holdings Inc (NYSE: KNX) is -15.20% lower on its value in year-to-date trading and has touched a low of $42.72 and a high of $61.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KNX stock was last observed hovering at around $44.42 in the last trading session, with the day’s gains setting it 0.56%.
Currently trading at $44.98, the stock is -4.89% and -13.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.0 million and changing 1.26% at the moment leaves the stock -14.22% off its SMA200. KNX registered -15.85% loss for a year compared to 6-month loss of -15.55%. The firm has a 50-day simple moving average (SMA 50) of $52.0692 and a 200-day simple moving average (SMA200) of $52.4352.
The stock witnessed a -13.72% gain in the last 1 month and extending the period to 3 months gives it a -14.29%, and is -4.32% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.86% over the week and 3.33% over the month.
Knight-Swift Transportation Holdings Inc (KNX) has around 35300 employees, a market worth around $7.29B and $7.41B in sales. Current P/E ratio is 62.08 and Fwd P/E is 13.28. Profit margin for the company is 1.59%. Distance from 52-week low is 5.29% and -26.87% from its 52-week high. The company has generated returns on investments over the last 12 months (1.24%).
with sales reaching $1.83B over the same period.The EPS is expected to grow by 92.35% this year, but quarterly earnings will post 5.13% year-over-year. Quarterly sales are estimated to grow 0.20% in year-over-year returns.
Knight-Swift Transportation Holdings Inc (KNX) Top Institutional Holders
661.0 institutions hold shares in Knight-Swift Transportation Holdings Inc (KNX), with institutional investors hold 101.11% of the company’s shares. The shares outstanding are 161.90M, and float is at 156.91M with Short Float at 5.53%. Institutions hold 97.93% of the Float.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 21.88 million shares valued at $1.09 billion. The investor’s holdings represent 13.5347% of the KNX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.34 million shares valued at $$815.73 million to account for 10.1175 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 14.99 million shares representing 9.283% and valued at over $748.46 million, while FMR LLC holds 5.3168 of the shares totaling 8.59 million with a market value of $428.67 million.
Knight-Swift Transportation Holdings Inc (KNX) Insider Activity
The most recent transaction is an insider purchase by COL DOUGLAS L,the company’sDirector. SEC filings show that COL DOUGLAS L bought 5,000 shares of the company’s common stock on Mar 13 ’25 at a price of $45.37 per share for a total of $0.23 million. Following the purchase, the insider now owns 5000.0 shares.
Knight-Swift Transportation Holdings Inc disclosed in a document filed with the SEC on Nov 14 ’24 that Vander Ploeg David (Director) sold a total of 500 shares of the company’s common stock. The trade occurred on Nov 14 ’24 and was made at $57.10 per share for $28552.0. Following the transaction, the insider now directly holds 30729.0 shares of the KNX stock.
Still, SEC filings show that on Nov 13 ’24, KNIGHT KEVIN P (Executive Chairman) disposed off 29,779 shares at an average price of $57.19 for $1.7 million. The insider now directly holds 0 shares of Knight-Swift Transportation Holdings Inc (KNX).
