Knight-Swift Transportation Holdings Inc (NYSE: KNX) is -18.01% 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 $43.55 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $43.49, the stock is -5.22% and -14.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.51 million and changing -0.14% at the moment leaves the stock -16.89% off its SMA200. KNX registered -18.86% loss for a year compared to 6-month loss of -17.51%. The firm has a 50-day simple moving average (SMA 50) of $51.0044 and a 200-day simple moving average (SMA200) of $52.3261.
The stock witnessed a -13.78% gain in the last 1 month and extending the period to 3 months gives it a -19.09%, and is -3.31% 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 2.57% over the week and 3.28% over the month.
Knight-Swift Transportation Holdings Inc (KNX) has around 35300 employees, a market worth around $7.04B and $7.41B in sales. Current P/E ratio is 60.02 and Fwd P/E is 13.01. Profit margin for the company is 1.59%. Distance from 52-week low is 1.80% and -29.30% from its 52-week high. The company has generated returns on investments over the last 12 months (1.24%).
The EPS is expected to grow by 89.76% this year.
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 3.92%. 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 10.1063 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 5.3109 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’s Director. 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).
