<div id="readability-page-1"><p>Renaissance Technologies LLC raised its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 66.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 86,727 shares of the transportation company's stock after acquiring an additional 34,500 shares during the quarter. Renaissance Technologies LLC owned about 0.05% of Knight-Swift Transportation worth $4,329,000 as of its most recent SEC filing.</p><ul><li>Maximize Dividend Growth and Market Cap With These 3 Stock Picks</li></ul><p>Several other institutional investors have also recently made changes to their positions in KNX. UBS Group AG raised its holdings in shares of Knight-Swift Transportation by 4.4% during the fourth quarter. UBS Group AG now owns 118,620 shares of the transportation company's stock valued at $6,838,000 after purchasing an additional 5,033 shares during the period. Wells Fargo &amp; Company MN raised its holdings in shares of Knight-Swift Transportation by 5.2% in the 4th quarter. Wells Fargo &amp; Company MN now owns 161,243 shares of the transportation company's stock worth $9,296,000 after acquiring an additional 7,904 shares during the last quarter. US Bancorp DE raised its holdings in shares of Knight-Swift Transportation by 8.8% in the 4th quarter. US Bancorp DE now owns 20,872 shares of the transportation company's stock worth $1,203,000 after acquiring an additional 1,683 shares during the last quarter. Orion Portfolio Solutions LLC acquired a new stake in shares of Knight-Swift Transportation in the 4th quarter worth about $584,000. Finally, Nomura Asset Management Co. Ltd. raised its holdings in shares of Knight-Swift Transportation by 5.0% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 46,056 shares of the transportation company's stock worth $2,655,000 after acquiring an additional 2,196 shares during the last quarter. Institutional investors and hedge funds own 88.77% of the company's stock. </p><h2>Knight-Swift Transportation Stock Performance</h2><p>NYSE KNX opened at $54.05 on Friday. The company's 50 day simple moving average is $52.24 and its two-hundred day simple moving average is $50.65. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market capitalization of $8.75 billion, a PE ratio of 80.67, a P/E/G ratio of 1.47 and a beta of 0.93. Knight-Swift Transportation Holdings Inc. has a 1 year low of $45.55 and a 1 year high of $60.99. </p><ul><li>These 2 Sectors Could Provide Roadmap for the Market</li></ul><p>Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its earnings results on Wednesday, July 24th. The transportation company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.03). The business had revenue of $1.85 billion during the quarter, compared to analysts' expectations of $1.83 billion. Knight-Swift Transportation had a return on equity of 1.98% and a net margin of 0.88%. Knight-Swift Transportation's revenue for the quarter was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.49 EPS. Analysts predict that Knight-Swift Transportation Holdings Inc. will post 1.1 earnings per share for the current fiscal year. </p><h2>Knight-Swift Transportation Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which was paid on Monday, September 23rd. Stockholders of record on Friday, September 6th were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date was Friday, September 6th. Knight-Swift Transportation's payout ratio is 95.52%. </p><h2>Analysts Set New Price Targets</h2><ul><li>RXO Shares Surge Following New Acquisition Deal</li></ul><p>KNX has been the subject of several analyst reports. StockNews.com upgraded shares of Knight-Swift Transportation to a &#34;sell&#34; rating in a research note on Thursday, July 25th. Wolfe Research lowered shares of Knight-Swift Transportation from an &#34;outperform&#34; rating to a &#34;peer perform&#34; rating in a research note on Thursday, July 11th. TD Cowen increased their price objective on shares of Knight-Swift Transportation from $47.00 to $57.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, July 25th. Wells Fargo &amp; Company initiated coverage on shares of Knight-Swift Transportation in a research note on Friday, June 7th. They issued an &#34;overweight&#34; rating and a $56.00 price objective for the company. Finally, Raymond James decreased their price objective on shares of Knight-Swift Transportation from $58.00 to $57.00 and set a &#34;strong-buy&#34; rating for the company in a research note on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Knight-Swift Transportation currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $57.00.</p><p><b>Read Our Latest Report on Knight-Swift Transportation</b></p><h2>Insider Activity</h2><p>In other news, Chairman Kevin P. Knight sold 30,000 shares of Knight-Swift Transportation stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $50.33, for a total transaction of $1,509,900.00. Following the sale, the chairman now owns 1,467,360 shares of the company's stock, valued at approximately $73,852,228.80. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at the SEC website. In related news, Chairman Kevin P. Knight sold 45,000 shares of the business's stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $51.53, for a total transaction of $2,318,850.00. Following the sale, the chairman now owns 1,422,360 shares of the company's stock, valued at $73,294,210.80. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, Chairman Kevin P. Knight sold 30,000 shares of the business's stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $50.33, for a total transaction of $1,509,900.00. Following the sale, the chairman now directly owns 1,467,360 shares in the company, valued at approximately $73,852,228.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 85,196 shares of company stock valued at $4,367,869. Corporate insiders own 3.00% of the company's stock. </p><h2>Knight-Swift Transportation Company Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Knight-Swift Transportation</li><li>Natural Gas Prices Continue To Rally, These Stocks Should Benefit</li><li>CarMax’s Impressive Rally: What Investors Should Watch Next</li><li>What are earnings reports?</li><li>MarketBeat Week in Review – 9/23 - 9/27</li><li>How to Invest in Small Cap Stocks </li><li>Wake Up to This Biotech Stock That Still Has Big Potential Upside</li></ul><p><strong>Want to see what other hedge funds are holding KNX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtOWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUtOWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ FDA’s hidden signal greenlights biotech winners — 97% of the time <span><span>(From Weiss Ratings)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NzE4?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NzE4"/></p><h2>Should you invest $1,000 in Knight-Swift Transportation right now?</h2><p>Before you consider Knight-Swift Transportation, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Knight-Swift Transportation wasn't on the list.</p><p>While Knight-Swift Transportation currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

<p>Renaissance Technologies LLC increased its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 66.1% in Q2, acquiring 34,500 shares, bringing its total to 86,727 shares. Other institutional investors also raised their positions. Knight-Swift's stock performance shows a market cap of $4.75 billion, with a PE ratio of 80.67. The company reported a revenue of $1.85 billion for the last quarter, with a net margin of 0.88%. A quarterly dividend of $0.16 was recently paid, yielding 1.18%.</p>

Renaissance Technologies LLC Purchases 34,500 Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX)