Knight TransportationKNX
About: Knight-Swift is the largest full-truckload carrier in the US, with a diversified transportation offering. Pro forma for the US Xpress deal, about 82% of revenue derives from Knight's asset-based trucking business, with full truckload (for-hire dry van, refrigerated, and dedicated contract) making up 69% and less than truckload 13%. Truck brokerage and other asset-light logistics services make up 9% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class I railroads for the underlying movement of its shipping containers and include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue reflects services offered to shippers and third-party truckers, including equipment maintenance and leasing.
Employees: 35,300
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
7% more capital invested
Capital invested by funds: $6.55B [Q1] → $6.98B (+$439M) [Q2]
4.42% more ownership
Funds ownership: 92.93% [Q1] → 97.35% (+4.42%) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 168
9% less funds holding
Funds holding: 478 [Q1] → 434 (-44) [Q2]
29% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 5 (-2) [Q2]
39% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 90
42% less call options, than puts
Call options by funds: $24.1M | Put options by funds: $41.9M
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Baird Daniel Moore | 38%upside $60 | Outperform Maintained | 25 Jul 2025 |
JP Morgan Brian Ossenbeck | 19%upside $52 | Neutral Maintained | 24 Jul 2025 |
B of A Securities Ken Hoexter | 13%upside $49 | Neutral Maintained | 24 Jul 2025 |
Raymond James David Hicks | 26%upside $55 | Strong Buy Maintained | 15 Jul 2025 |
Barclays Brandon Oglenski | 26%upside $55 | Overweight Maintained | 10 Jul 2025 |
Financial journalist opinion
Based on 3 articles about KNX published over the past 30 days
