Cherokee Insurance Co Takes Position in Knight-Swift Transportation Holdings Inc. $KNX

13 Nov 2025, 05:14 by Renee Jackson · The Cerbat Gem

Cherokee Insurance Co purchased a new stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX – Free Report) during the second quarter, HoldingsChannel.com reports. The firm purchased 83,420 shares of the transportation company’s stock, valued at approximately $3,690,000. Knight-Swift Transportation makes up approximately 1.6% of Cherokee Insurance Co’s investment portfolio, making the stock its 21st biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cerity Partners LLC lifted its holdings in Knight-Swift Transportation by 611.7% in the first quarter. Cerity Partners LLC now owns 34,074 shares of the transportation company’s stock valued at $1,482,000 after acquiring an additional 29,286 shares during the period. Washington Capital Management Inc. acquired a new position in shares of Knight-Swift Transportation during the 2nd quarter worth $464,000. Two Point Capital Management Inc. purchased a new position in shares of Knight-Swift Transportation in the 2nd quarter valued at about $5,398,000. Allspring Global Investments Holdings LLC lifted its stake in shares of Knight-Swift Transportation by 8.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,595,397 shares of the transportation company’s stock valued at $165,712,000 after purchasing an additional 268,761 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in Knight-Swift Transportation by 3.6% during the first quarter. Vanguard Group Inc. now owns 14,935,845 shares of the transportation company’s stock worth $649,560,000 after buying an additional 515,212 shares in the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Insider Transactions at Knight-Swift Transportation

In other news, CAO Cary M. Flanagan sold 4,300 shares of Knight-Swift Transportation stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $45.04, for a total transaction of $193,672.00. Following the completion of the sale, the chief accounting officer directly owned 5,644 shares in the company, valued at $254,205.76. The trade was a 43.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Michael K. Liu sold 3,420 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total transaction of $148,462.20. The SEC filing for this sale provides additional information. Insiders own 3.00% of the company’s stock.

Knight-Swift Transportation Stock Performance

Knight-Swift Transportation stock opened at $44.88 on Thursday. Knight-Swift Transportation Holdings Inc. has a fifty-two week low of $36.69 and a fifty-two week high of $61.51. The company has a market capitalization of $7.29 billion, a price-to-earnings ratio of 51.00, a PEG ratio of 0.89 and a beta of 1.14. The stock has a fifty day moving average of $43.20 and a two-hundred day moving average of $43.64. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.89 and a current ratio of 1.33.

Knight-Swift Transportation (NYSE:KNX – Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.06). The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. The firm’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 EPS for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Friday, December 5th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, December 5th. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 81.82%.

Analyst Ratings Changes

A number of brokerages have issued reports on KNX. Robert W. Baird increased their target price on shares of Knight-Swift Transportation from $55.00 to $60.00 and gave the company an “outperform” rating in a report on Friday, July 25th. UBS Group downgraded Knight-Swift Transportation from a “buy” rating to a “neutral” rating and raised their price objective for the company from $46.00 to $51.00 in a research note on Friday, September 5th. Evercore ISI decreased their target price on Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating on the stock in a research report on Tuesday, September 30th. TD Cowen upped their target price on Knight-Swift Transportation from $44.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft upgraded Knight-Swift Transportation from a “hold” rating to a “buy” rating and raised their price target for the company from $43.00 to $53.00 in a research report on Thursday, October 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $53.29.

Check Out Our Latest Stock Analysis on Knight-Swift Transportation

Knight-Swift Transportation Company Profile

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