Back to news

Knight-Swift gains as investors continue to weigh strong Q3 results and a firmer trucking backdrop

Investivoq PriceTracker

Knight-Swift Transportation Holdings Inc. (KNX) is up 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to continued optimism around Knight-Swift’s stronger third-quarter performance and improving truckload pricing conditions. This could also reflect investors rewarding the company’s exposure to a tightening freight market, where management has highlighted better spot pricing, rising contract rates, and margin recovery.

Details:

  • Knight-Swift’s third-quarter 2026 adjusted EPS was $0.83, up sharply from $0.32 a year earlier, while revenue rose to about $2.2 billion.
  • The company’s truckload operations showed better margins, helped by stronger spot pricing and tender rejection rates that management said were running well above broader market levels.
  • Management has pointed to an industry capacity shakeout and a stronger bid season, which can support higher contract rates and improved earnings power for large truckload carriers.
  • Knight-Swift also declared a quarterly cash dividend of $0.20 per share in early November, which may have added a modest support factor for sentiment.

    • Sources:

    SEC, Knight-Swift Investor Relations, FreightWaves

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $KNX Insider Trading Activity

    KNX Insider Trades

    $KNX insiders have traded $KNX stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

    Here’s a breakdown of recent trading of $KNX stock by insiders over the last 6 months:

    • REID DOVE (CEO AAA Cooper Transportation) has made 0 purchases and 3 sales selling 219,154 shares for an estimated $15,813,411.
    • CARY M FLANAGAN (Exec VP and CAO) sold 3,600 shares for an estimated $254,951
    • PLOEG DAVID VANDER sold 2,200 shares for an estimated $115,126

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

    EARLY ACCESS
    Receive KNX Data Alerts
    Real-time alerts on filings, insider trades, and market signals — before everyone else.
    Get Alerts →

    $KNX Hedge Fund Activity

    We have seen 332 institutional investors add shares of $KNX stock to their portfolio, and 291 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM removed 14,099,725 shares (-98.7%) from their portfolio in Q3 2026, for an estimated $896,601,512
    • D1 CAPITAL PARTNERS L.P. removed 5,491,563 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $427,628,010
    • WELLINGTON MANAGEMENT GROUP LLP removed 4,151,067 shares (-69.8%) from their portfolio in Q2 2026, for an estimated $323,243,587
    • FMR LLC removed 3,808,268 shares (-47.2%) from their portfolio in Q3 2026, for an estimated $242,167,762
    • BLACKROCK, INC. added 2,284,371 shares (+15.3%) to their portfolio in Q2 2026, for an estimated $177,883,969
    • POINTSTATE CAPITAL LP added 1,994,977 shares (+inf%) to their portfolio in Q2 2026, for an estimated $155,348,858
    • QUBE RESEARCH & TECHNOLOGIES LTD added 1,894,840 shares (+178.1%) to their portfolio in Q3 2026, for an estimated $120,492,875

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $KNX Analyst Ratings

    Wall Street analysts have issued reports on $KNX in the last several months. We have seen 11 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Susquehanna issued a "Positive" rating on 10/26/2026
    • Evercore ISI Group issued a "Outperform" rating on 10/22/2026
    • Wells Fargo issued a "Overweight" rating on 10/22/2026
    • Stifel issued a "Buy" rating on 10/22/2026
    • UBS issued a "Buy" rating on 10/13/2026
    • Citigroup issued a "Buy" rating on 10/07/2026
    • B of A Securities issued a "Buy" rating on 09/23/2026

    To track analyst ratings and price targets for $KNX, check out Investivoq's $KNX forecast page.

    $KNX Price Targets

    Multiple analysts have issued price targets for $KNX recently. We have seen 16 analysts offer price targets for $KNX in the last 6 months, with a median target of $90.0.

    Here are some recent targets:

    • Bascome Majors from Susquehanna set a target price of $93.0 on 10/26/2026
    • Jonathan Chappell from Evercore ISI Group set a target price of $79.0 on 10/22/2026
    • Christian Wetherbee from Wells Fargo set a target price of $79.0 on 10/22/2026
    • Brian Ossenbeck from JP Morgan set a target price of $74.0 on 10/22/2026
    • J. Bruce Chan from Stifel set a target price of $92.0 on 10/22/2026
    • Thomas Wadewitz from UBS set a target price of $82.0 on 10/13/2026
    • Ariel Rosa from Citigroup set a target price of $81.0 on 10/07/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.