Knight-Swift Transportation Holdings Inc’s filing revealed that its Director Vander Ploeg David unloaded Company’s shares for reported $28552.0 on Nov 14 ’24. In the deal valued at $57.10 per share,500 shares were sold. As a result of this transaction, Vander Ploeg David now holds 30,729 shares worth roughly $1.68 million.
Then, KNIGHT KEVIN P sold 29,779 shares, generating $1,702,960 in total proceeds. Upon selling the shares at $57.19, the Executive Chairman now owns 0 shares.
Before that, KNIGHT KEVIN P bought 29,779 shares. Knight-Swift Transportation Holdings Inc shares valued at $1,702,958 were divested by the Director at a price of $57.19 per share.
Susquehanna upgraded its Knight-Swift Transportation Holdings Inc [KNX] rating to a Positive from a a Neutral in a research note published on January 03, 2025; the price target was increased to $67 from $48. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in mid November from “a Neutral” to “a Sell”. TD Cowen also remained covering KNX and reiterated its “Buy” recommendation on October 24, 2024. Citigroup started covering the stock on October 09, 2024. It rated KNX as “a Neutral”.
Price Performance Review of KNX
On Friday, Knight-Swift Transportation Holdings Inc [NYSE:KNX] saw its stock jump 3.39% to $54.52. Over the last five days, the stock has gained 1.43%. Knight-Swift Transportation Holdings Inc shares have risen nearly 2.79% since the year began. Nevertheless, the stocks have fallen -2.24% over the past one year. While a 52-week high of $60.99 was reached on 01/03/25, a 52-week low of $45.55 was recorded on 01/02/25. SMA at 50 days reached $55.29, while 200 days put it at $51.80.
Levels Of Support And Resistance For KNX Stock
The 24-hour chart illustrates a support level at 53.19, which if violated will result in even more drops to 51.85. On the upside, there is a resistance level at 55.19. A further resistance level may holdings at 55.85. The Relative Strength Index (RSI) on the 14-day chart is 50.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.14%. Stochastics %K at 38.98% indicates the stock is a holding.
How much short interest is there in Knight-Swift Transportation Holdings Inc?
A steep rise in short interest was recorded in Knight-Swift Transportation Holdings Inc stocks on 2024-12-13, dropping by -0.9 million shares to a total of 6.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.03 million shares. There was a decline of -14.58%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 25, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $57.
