Media coverage about Knight-Swift Transportation Holdings (NYSE:SWFT) has been trending somewhat positive on Friday, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Knight-Swift Transportation Holdings earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the transportation company an impact score of 45.5933493087197 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several equities research analysts recently issued reports on the stock. BidaskClub raised shares of Knight-Swift Transportation Holdings from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. ValuEngine raised shares of Knight-Swift Transportation Holdings from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Cowen and Company reaffirmed a “buy” rating and set a $25.00 price target on shares of Knight-Swift Transportation Holdings in a research report on Monday, August 28th. Zacks Investment Research cut shares of Knight-Swift Transportation Holdings from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $27.00 price target on shares of Knight-Swift Transportation Holdings in a research report on Tuesday, July 25th. Six equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $28.70.
In related news, CFO Virginia Henkels sold 17,153 shares of the company’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $26.95, for a total value of $462,273.35. Following the completion of the transaction, the chief financial officer now directly owns 16,294 shares in the company, valued at $439,123.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Richard Stocking sold 78,215 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $28.66, for a total value of $2,241,641.90. Following the completion of the transaction, the insider now owns 108,864 shares of the company’s stock, valued at $3,120,042.24. The disclosure for this sale can be found here. Insiders sold 251,141 shares of company stock valued at $6,959,714 over the last 90 days. 44.90% of the stock is currently owned by corporate insiders.
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About Knight-Swift Transportation Holdings
Knight-Swift Transportation Holdings Inc, formerly Swift Transportation Company, provides truckload services in North America. The Company also provides rail intermodal and non-asset based freight brokerage and logistics management services. The Company provides its services across United States, Mexico and Canada using its dry van, refrigerated, flatbed and specialized trailers, and intermodal containers.
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