Knight Transportation Inc. (KNX) COO Keith T Knight sells 120,000 Shares

COO of Knight Transportation Inc. (KNX) Keith T Knight sells 120,000 shares of KNX on 08/02/2010 at an average price of $21.25 a share.

Knight Transportation Inc. has a market cap of $1.77 billion; its shares were traded at around $21.23 with a P/E ratio of 32.1 and P/S ratio of 2.7. The dividend yield of Knight Transportation Inc. stocks is 1.1%. Knight Transportation Inc. had an annual average earning growth of 12.2% over the past 10 years. GuruFocus rated Knight Transportation Inc. the business predictability rank of 1-star.

KNX is in the portfolios of First Pacific Advisors of First Pacific Advisors, LLC, First Pacific Advisors of First Pacific Advisors, LLC, Manning & Napier Advisors, Inc, Chuck Royce of Royce& Associates, Steven Cohen of SAC Capital Advisors.

This is the annual revenues and earnings per share of KNX over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of KNX.

CEO Recent Trades:

• Sell: CEO Kevin P Knight sold 300,000 shares of KNX stock on 03/10/2010 at the average price of 20.79. Kevin P Knight owns at least 4,965,603 shares after this. The price of the stock has increased by 2.12% since.

CFO Recent Trades:

• Sell: CFO David A Jackson sold 15,788 shares of KNX stock on 02/22/2010 at the average price of 19.27. The price of the stock has increased by 10.17% since.

This is the insider trade history vs. stock price of KNX. For the complete insider trading history of KNX, click here.

Directors and Officers Recent Trades:

• Sell: Vice Chairman L Randy Knight sold 192,102 shares of KNX stock on 06/14/2010 at the average price of 21.16. L Randy Knight owns at least 5,258,590 shares after this. The price of the stock has increased by 0.33% since.


• Sell: Chief Accounting Officer Wayne Yu sold 3,900 shares of KNX stock on 06/14/2010 at the average price of 21.53. The price of the stock has decreased by 1.39% since.


• Sell: Pres. Knight Brokerage, LLC Greg Ritter sold 3,000 shares of KNX stock on 05/19/2010 at the average price of 21.26. The price of the stock has decreased by 0.14% since.


• Sell: Vice Chairman L Randy Knight sold 200,000 shares of KNX stock on 05/12/2010 at the average price of 21.37. L Randy Knight owns at least 5,450,692 shares after this. The price of the stock has decreased by 0.66% since.


• Sell: Vice Chairman L Randy Knight sold 7,250 shares of KNX stock on 04/30/2010 at the average price of 22.09. L Randy Knight owns at least 5,650,692 shares after this. The price of the stock has decreased by 3.89% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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