Forward Air Corporation

NasdaqGS:FWRD Stock Report

Market Cap: US$668.8m

Forward Air Ownership

Who are the major shareholders and have insiders been buying or selling?


Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of FWRD?
Owner TypeNumber of SharesOwnership Percentage
State or Government4,5420.0139%
Individual Insiders552,8091.69%
VC/PE Firms8,670,35926.6%
Institutions23,423,43471.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 90.22% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
12.4%
Clearlake Capital Group, L.P.
3,825,000US$83.1m0%8.43%
10.9%
BlackRock, Inc.
3,344,552US$72.6m-0.53%no data
9.49%
Littlejohn & Co., LLC
2,921,880US$63.5m3.82%27.3%
6.64%
The Vanguard Group, Inc.
2,045,702US$44.4m-0.22%no data
6.25%
Ridgemont Partners Management, LLC
1,923,479US$41.8m0.67%50.77%
4.41%
Ancora Advisors LLC
1,359,043US$29.5m10.5%0.62%
3.99%
Irenic Capital Management LP
1,229,719US$26.7m0%6.93%
3.4%
Private Management Group Inc
1,046,226US$22.7m8.68%0.77%
3.17%
Paralel Advisors LLC
975,000US$21.2m0%0.89%
3.13%
UBS Asset Management AG
965,119US$21.0m85.1%no data
3.04%
State Street Global Advisors, Inc.
937,080US$20.4m-2.98%no data
3.01%
J. Goldman & Co., L.P.
926,498US$20.1m7.27%0.63%
2.73%
Canadian Imperial Bank of Commerce
841,878US$18.3m0%0.04%
2.55%
JPMorgan Chase & Co.
786,719US$17.1m47.3%no data
2.05%
FMR LLC
632,081US$13.7m13,300%no data
1.98%
Bank of America Corporation
611,116US$13.3m24.7%no data
1.9%
Charles Schwab Investment Management, Inc.
586,493US$12.7m0%no data
1.71%
Geode Capital Management, LLC
526,865US$11.4m-4.92%no data
1.36%
Morgan Stanley
419,613US$9.1m-42.1%no data
1.25%
Jefferies Financial Group Inc.
384,634US$8.4m-19.3%0.12%
1.13%
Balyasny Asset Management L.P.
349,127US$7.6m614%0.02%
1.09%
One Fin Capital Management LP
335,000US$7.3m-16.3%2.91%
0.93%
BNP Paribas Financial Markets SNC
286,843US$6.2m26.9%no data
0.85%
Hudson Bay Capital Management LP
261,428US$5.7m50.9%0.04%
0.85%
Millennium Management LLC
260,731US$5.7m56.6%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/14 04:46
End of Day Share Price 2025/10/14 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Forward Air Corporation is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Garrett HollandBaird
Christopher KuhnBenchmark Company
Kenneth HoexterBofA Global Research