FWRD
FORWARD AIR CORPPrice
Daily candles with volume. Pins mark insider trades, rating changes, 13F stakes, reports, catalysts and short-interest jumps.
- S Nov 6 to Nov 12 4 days of insider sells: $5.9M by 1 insider, avg $21.83
- R May 7 Forward Air reported Q1 2026 revenue of $582M (-5.1% YoY) and a net…
- R Jul 21 Forward Air entered a non-binding MOU with its largest customer, sec…
- R Aug 5 Forward Air reported record Q2 2026 revenue of $673M (+8.8% YoY), wi…
Signal stack
Where each data set points today.
- InsidersBEARISH
1 insider sold $5.9M.
- InstitutionsMIXED
Q2 2026: 27 added (1 new), 20 trimmed or exited. Largest new: D. E. Shaw & ., $13.5M.
- AnalystsBULLISH
7 of 11 rate it Buy or better.
- TrendRANGE
6% below its 50-day average.
Who's buying
13F· Q2 2026| Fund | Move | Value |
|---|---|---|
| BlackRock, Inc. | TRIM | $37.5M |
| FMR LLC | ADD | $27.1M |
| CIBC WORLD MARKET INC. | ADD | $14.5M |
| D. E. Shaw & Co., Inc. | NEW | $13.5M |
| HRT FINANCIAL LP | ADD | $10.6M |
| BARCLAYS PLC | DOUBLED | $9.5M |
| DEUTSCHE BANK AG\ | DOUBLED | $8.3M |
| STATE STREET CORP | TRIM | $7.8M |
Quarterly 13F filings are due 45 days after each quarter ends.
The Street
11 analysts| Date | Firm | Rating |
|---|---|---|
| Oct 8, 2026 | Stifel MAINTAIN | Buy |
| Oct 2, 2026 | Susquehanna MAINTAIN | Positive |
| Aug 13, 2026 | Susquehanna MAINTAIN | Positive |
| Aug 6, 2026 | Stifel MAINTAIN | Buy |
| May 8, 2026 | Susquehanna MAINTAIN | Positive |
Insider ledger
Form 4| Date | Insider | Type | Value |
|---|---|---|---|
| Jun 18, 2026 | Gorjanc Christine Marie Director | AWARD | 9,545 sh |
| Jun 18, 2026 | Boyles Dale W Director | AWARD | 9,545 sh |
| Jun 18, 2026 | Svindland Paul C. Director | AWARD | 9,545 sh |
| Apr 29, 2026 | Stewart Shawn Chief Executive Officer | TAX W/H | $89.0K |
| Mar 16, 2026 | Stewart Shawn Chief Executive Officer | AWARD | 18,692 sh |
| Mar 16, 2026 | Pierson Jamie G. CFO | AWARD | 5,732 sh |
| Mar 15, 2026 | OSBORNE TIMOTHY R Executive VP of Operations | TAX W/H | $33.8K |
| Mar 15, 2026 | Hance Michael L CLO and Secretary | TAX W/H | $78.1K |
Earnings setup
EstimatesRevision history: 🔒 Fresh data, subscribers only
| Period | EPS est. | Range | 30D rev. | Revenue |
|---|---|---|---|---|
| Current Q | 🔒 Fresh data, subscribers only | |||
| Next Q | 🔒 Fresh data, subscribers only | |||
| Current FY | 🔒 Fresh data, subscribers only | |||
| Next FY | 🔒 Fresh data, subscribers only | |||
Short side
FINRA· Oct 15, 2026SecBot reports
5 filings · 1 bullish · 2 bearish · 1 mixed · 1 neutral- MIXED 8-KAug 5, 2026
Forward Air reported record Q2 2026 revenue of $673M (+8.8% YoY), with all three segments showing…
The operational beat (record revenue, strong EBITDA growth, deleveraging) is a clear positive, but the $244M goodwill impairment and the looming $250M customer transition create significant…
- BULLISH 8-KJul 21, 2026
Forward Air entered a non-binding MOU with its largest customer, securing retention of at least…
The MOU removes a major overhang on FWRD shares. Monitor for a definitive agreement and quarterly revenue disclosures to track the pace of service transitions. The stock may re-rate as the risk of a…
- BEARISH INST-CLUSTERJun 12, 2026
In Q3 2024, Forward Air Corp saw a mixed institutional cluster: 9 buyers added $17.3M in new…
The heavy selling by quant funds (Point72, D.E. Shaw) and large asset managers (Dimensional, Federated Hermes) suggests deteriorating fundamentals or a negative catalyst. However, the buying by…
- BEARISH 8-KMay 7, 2026
Forward Air reported Q1 2026 revenue of $582M (-5.1% YoY) and a net loss of $-0.79 per share…
The customer transition disclosure is the dominant event — ~42% of FY2025 revenue at risk from one customer, with transition starting early 2027. The failed strategic sale process and pivot to asset…
All FWRD filing & press-release reports (5)
- 8-K reportAug 5, 2026
- 8-K reportJul 21, 2026
- INST-CLUSTER reportJun 12, 2026
- 8-K reportMay 7, 2026
- 8-K reportApr 29, 2026