Joshua Smith, who serves as Chief Financial Officer of US Xpress within Knight-Swift Transportation Holdings Inc (NYSE: KNX), sold 5,770 shares of the company’s Class A common stock on February 26, 2026. The transaction generated roughly $351,473 in proceeds.
The disposal was executed at a weighted average price of $60.914 per share, with executed prices spanning $60.900 to $60.940. After completing the sale, Smith directly holds 9,214 shares of Knight-Swift.
At the time of the report, KNX shares were trading at $62.47, close to the stock’s 52-week peak of $62.63. The share price has appreciated roughly 41% over the preceding six months. InvestingPro’s analysis included in the reporting flagged the stock as appearing overvalued at current levels. The platform also notes that subscribers can access Pro Research Reports on KNX and more than 1,400 other U.S. equities for additional detail.
Company earnings and analyst responses
Separate corporate results released for Knight Transportation showed fourth-quarter 2025 adjusted earnings per share of $0.31. That headline figure was below multiple analyst forecasts: Benchmark had estimated $0.34, the FactSet consensus was $0.35, and Stifel projected $0.37.
The earnings shortfall was attributed in company commentary and analyst notes to revenue that was weaker than expected in both the Truckload and Less-Than-Truckload segments. The company’s cost management, however, was characterized as better than anticipated.
Following the earnings release, sell-side firms issued differing updates:
- Stephens lowered its price target to $63 from $65, citing underperformance in the non-reportable segment as a primary factor behind the earnings miss.
- Benchmark raised its price target to $65 from $60, while maintaining a Buy rating and pointing to Knight-Swift’s market position as supportive for recovery.
- UBS nudged its target to $54 from $51 and retained a Neutral rating.
- Stifel trimmed its target to $61 from $63, referencing softer demand but left its Buy rating intact.
These adjustments underscore a range of analyst perspectives on the company’s near-term performance following the Q4 2025 results.
Summary and context
The insider sale by the US Xpress CFO occurred while KNX shares were trading near multi-month highs, and shortly after the company reported adjusted Q4 2025 EPS that fell short of several analyst estimates. The earnings miss centered on revenue weakness in Truckload and Less-Than-Truckload operations, partially offset by stronger-than-expected cost control. Analysts reacted with a mix of target-price increases and decreases, reflecting varied assessments of the company’s recovery prospects.