FWRD (Forward Air) Institutional Ownership: 93.14% (As of Aug. 04, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FWRD Forward Air Corp FWRD
56 GF Score
Price $15.12
GF Value $32.72
Valuation Possible Value Trap
! 7 Warning Signs
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What is Forward Air Institutional Ownership?

Forward Air FWRD +3.03% 56 Institutional Ownership is 93.14% as of Aug. 04, 2026. GuruFocus rates FWRD with a GF Score™ of 56/100 and a GF Value™ of $32.72 (Possible Value Trap). The stock has 7 warning signs investors should review.

Institutional ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Forward Air's institutional ownership is 93.14%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Forward Air's Insider Ownership is 4.80%.

Float Percentage Of Total Shares Outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Forward Air's Float Percentage Of Total Shares Outstanding is 64.07%.

Forward Air Institutional Ownership Historical Data

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The historical data trend for Forward Air's Institutional Ownership can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Forward Air Institutional Ownership Chart

Forward Air Historical Data

The historical data trend for Forward Air can be seen below:

2025-10-31 2025-11-30 2025-12-31 2026-01-31 2026-02-28 2026-03-31 2026-04-30 2026-05-31 2026-06-30 2026-07-31
Institutional Ownership 34.63 35.40 35.22 36.53 37.86 35.47 36.44 37.33 27.92 27.96
FWRD
56GF Score
Forward Air Corp FWRD
Institutional Ownership is just one metric. See GF Score™, valuation, warning signs, and more.
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Forward Air Institutional Ownership Calculation

The percentage of shares that are owned by institutions out of the total shares outstanding.

What does a Institutional Ownership of 93.14% mean?
Forward Air (FWRD) has a Institutional Ownership of 93.14% as of Aug. 04, 2026. Institutional ownership equals the percent of shares owned by financial institutions relative to total shares. View historical data on Forward Air and its competitors.
Is Forward Air's Institutional Ownership too high?
Forward Air's current Institutional Ownership is 93.14%. Overall, Forward Air has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forward Air's Institutional Ownership compare to RLGT and CYRX?
Forward Air's Institutional Ownership of 93.14% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Institutional Ownership for a Transportation company?
A good Institutional Ownership depends on the Transportation industry context. However, Institutional Ownership should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Institutional Ownership mean?
A high Institutional Ownership can signal that a stock is expensive relative to its fundamentals. Institutional ownership equals the percent of shares owned by financial institutions relative to total shares. View historical data on Forward Air and its competitors. Forward Air's current Institutional Ownership is 93.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Air stock overvalued right now?
Based on GuruFocus' analysis, Forward Air (FWRD) is currently considered Possible Value Trap. The stock's GF Value™ is $32.72, compared to a current price of $15.12 — trading 53.8% below its estimated fair value. The current Institutional Ownership is 93.14%. Forward Air's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Institutional Ownership calculated?
Institutional Ownership is calculated from a company's financial statements. For Forward Air (FWRD), the current Institutional Ownership is 93.14% as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Forward Air (FWRD) Overvalued in 2026?

Based on GuruFocus' analysis, Forward Air stock appears to be undervalued. The current stock price of $15.12 is trading 53.8% below its estimated GF Value™ of $32.72. GuruFocus considers Forward Air to be Possible Value Trap.

Key valuation signals for FWRD:

  • Institutional Ownership: 93.14%
  • GF Value™: $32.72 vs. price of $15.12 (53.8% below fair value)
  • GF Score™: 56/100 with 7 warning signs

No single metric tells the full story. See the FWRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Forward Air Business Description

Address 3200 Olympus Boulevard, Suite 300, Dallas, TX, USA, 75019
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. The Company conducts business in North and South America, Europe, and Asia.
56GF Score

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Institutional Ownership is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.12
Price
$32.72
GF Value