PNC Financial Services Group Inc. Sells 69,844 Shares of Knight-Swift Transportation Holdings Inc. $KNX

robot
Abstract generation in progress

PNC Financial Services Group Inc. has significantly reduced its stake in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) by 81.4%, selling 69,844 shares and retaining 15,983 shares valued at approximately $631,000. Despite missing Q3 earnings and revenue expectations and setting lower Q1 2026 guidance, Knight-Swift raised its quarterly dividend to $0.20, resulting in a high payout ratio of 175.6%. Institutional investors collectively own 88.77% of the stock, while insiders, including Chairman Kevin P. Knight, have also recently sold shares.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)