Knight-Swift Transportation Holdings Inc (NYSE: KNX) is -25.90% lower on its value in year-to-date trading and has touched a low of $36.69 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 $38.98 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $39.30, the stock is -11.18% and -20.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.17 million and changing 0.82% at the moment leaves the stock -24.67% off its SMA200. KNX registered -26.34% loss for a year compared to 6-month loss of -23.62%. The firm has a 50-day simple moving average (SMA 50) of $49.5374 and a 200-day simple moving average (SMA200) of $52.1732.
The stock witnessed a -16.58% gain in the last 1 month and extending the period to 3 months gives it a -27.92%, and is -9.63% 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 7.60% over the week and 4.10% over the month.
Knight-Swift Transportation Holdings Inc (KNX) has around 35300 employees, a market worth around $6.37B and $7.41B in sales. Current P/E ratio is 54.24 and Fwd P/E is 12.21. Profit margin for the company is 1.59%. Distance from 52-week low is 7.11% and -36.11% from its 52-week high. The company has generated returns on investments over the last 12 months (1.24%).
with sales reaching $1.82B over the same period.The EPS is expected to grow by 79.30% this year, but quarterly earnings will post 4.34% year-over-year. Quarterly sales are estimated to shrink -0.19% in year-over-year returns.
Knight-Swift Transportation Holdings Inc (KNX) Top Institutional Holders
658.0 institutions hold shares in Knight-Swift Transportation Holdings Inc (KNX), with institutional investors hold 100.97% 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 97.80% 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).
