Hudson Bay Capital Management LP Purchases 265,605 Shares of Knight-Swift Transportation Holdings Inc. $KNX

Hudson Bay Capital Management LP grew its holdings in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 161.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 430,605 shares of the transportation company’s stock after purchasing an additional 265,605 shares during the quarter. Hudson Bay Capital Management LP owned approximately 0.27% of Knight-Swift Transportation worth $19,046,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brooklyn Investment Group grew its stake in 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 purchasing an additional 310 shares during the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new position in Knight-Swift Transportation during the second quarter worth $55,000. Employees Retirement System of Texas acquired a new position in shares of Knight-Swift Transportation during the second quarter worth $58,000. UMB Bank n.a. grew its stake in Knight-Swift Transportation by 43.3% during the 2nd quarter. UMB Bank n.a. now owns 1,624 shares of the transportation company’s stock worth $72,000 after buying an additional 491 shares during the last quarter. Finally, IFP Advisors Inc raised its holdings in Knight-Swift Transportation by 21.3% during the second quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock worth $96,000 after purchasing an additional 379 shares in the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Insider Buying and Selling

In other news, CAO Cary M. Flanagan sold 4,300 shares of Knight-Swift Transportation stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $45.04, for a total transaction of $193,672.00. Following the sale, the chief accounting officer directly owned 5,644 shares of the company’s stock, valued at approximately $254,205.76. This trade represents a 43.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Kevin P. Knight sold 35,000 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total transaction of $1,785,350.00. Following the transaction, the chairman directly owned 1,405,347 shares in the company, valued at $71,686,750.47. The trade was a 2.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 43,992 shares of company stock worth $2,220,707 in the last three months. 3.00% of the stock is owned by corporate insiders.

Knight-Swift Transportation Trading Up 1.3%

NYSE KNX opened at $53.15 on Friday. The stock has a market capitalization of $8.63 billion, a price-to-earnings ratio of 60.40, a PEG ratio of 1.04 and a beta of 1.17. Knight-Swift Transportation Holdings Inc. has a 52 week low of $36.69 and a 52 week high of $61.51. The stock’s 50 day moving average price is $45.79 and its two-hundred day moving average price is $44.25. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.33 and a current ratio of 1.33.

Knight-Swift Transportation (NYSE:KNX) last issued its earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.Knight-Swift Transportation’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, December 5th. Knight-Swift Transportation’s payout ratio is 81.82%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on KNX shares. Barclays cut their target price on shares of Knight-Swift Transportation from $55.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, October 2nd. Bank of America raised Knight-Swift Transportation from a “neutral” rating to a “buy” rating and increased their target price for the stock from $41.00 to $50.00 in a research report on Thursday, October 16th. Stifel Nicolaus lifted their price target on Knight-Swift Transportation from $45.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Morgan Stanley upped their price target on Knight-Swift Transportation from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Monday, December 8th. Finally, Zacks Research upgraded shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $54.82.

Knight-Swift Transportation Company Profile

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.