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 $1.67 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.
TD Cowen reiterated its Knight-Swift Transportation Holdings Inc [KNX] rating to a Buy in a research note published on January 23, 2025; the price target was $65. A number of analysts have revised their coverage, including Susquehanna’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Positive”. Citigroup also remained covering KNX and has decreased its forecast on November 12, 2024 with a “Sell” recommendation from previously “Neutral” rating. TD Cowen maintained its rating on October 24, 2024. It rated KNX as “a Buy”.
Price Performance Review of KNX
On Tuesday, Knight-Swift Transportation Holdings Inc [NYSE:KNX] saw its stock fall -0.31% to $54.49. Over the last five days, the stock has lost -3.45%. Knight-Swift Transportation Holdings Inc shares have risen nearly 2.73% since the year began. Nevertheless, the stocks have fallen -9.08% over the past one year. While a 52-week high of $61.51 was reached on 01/23/25, a 52-week low of $45.55 was recorded on 01/13/25. SMA at 50 days reached $55.37, while 200 days put it at $52.29.
Levels Of Support And Resistance For KNX Stock
The 24-hour chart illustrates a support level at 53.98, which if violated will result in even more drops to 53.47. On the upside, there is a resistance level at 54.85. A further resistance level may holdings at 55.21. The Relative Strength Index (RSI) on the 14-day chart is 44.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.41%. Stochastics %K at 5.92% indicates the stock is a buying.
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 2024-12-31, growing by 0.66 million shares to a total of 6.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.9 million shares. There was a rise of 9.99%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 09, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $55 price target.
