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The Benchmark Company initates Knight-Swift Transportation Holdings Inc (KNX) rating to a Buy

Knight-Swift Transportation Holdings Inc’s recent filing unveils 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 $1.47 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.

The Benchmark Company initiated its Knight-Swift Transportation Holdings Inc [KNX] rating to a Buy in a research note published on March 04, 2025; the price target was $63. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late January has reiterated a ‘”a Buy”‘ rating for it. Susquehanna also remained covering KNX and has increased its forecast on January 03, 2025 with a “Positive” recommendation from previously “Neutral” rating. Citigroup revised its rating on November 12, 2024. It rated KNX as “a Sell” which previously was an “a Neutral”.

Price Performance Review of KNX

On Tuesday, Knight-Swift Transportation Holdings Inc [NYSE:KNX] saw its stock fall -2.54% to $47.88. Over the last five days, the stock has lost -4.62%. Knight-Swift Transportation Holdings Inc shares have fallen nearly -9.73% since the year began. Nevertheless, the stocks have fallen -15.02% 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 03/04/25. SMA at 50 days reached $53.98, while 200 days put it at $52.55.

Levels Of Support And Resistance For KNX Stock

The 24-hour chart illustrates a support level at 47.17, which if violated will result in even more drops to 46.47. On the upside, there is a resistance level at 48.85. A further resistance level may holdings at 49.83. The Relative Strength Index (RSI) on the 14-day chart is 28.76, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.21%. Stochastics %K at 13.72% indicates the stock is a buying.

The most recent change occurred on October 24, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $56.

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