Covenant Logistics (CVLG)

Covenant Transport, Inc. • Southern Refrigerated Transport, LLC • Star Transportation, LLC • Covenant Transport Solutions, LLC • Covenant Logistics, Inc. • Covenant Asset Management, LLC • CTG Leasing Company • IQS Insurance Risk Retention Group, Inc. • Heritage Insurance, Inc. • Transport Management Services, LLC ...

IRS number

880320154

CVLG stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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8-K

Covenant Logistics Group Announces Two-for-one Stock Split

9 Dec 24

8-K

Covenant Logistics Group Announces Quarterly Cash Dividend

25 Nov 24

8-K

Covenant Logistics Group Announces Third Quarter

23 Oct 24

8-K

Covenant Logistics Group Announces Quarterly Cash Dividend

19 Aug 24

CERT

Certification of approval for exchange listing

26 Jul 24

8-A12B

Registration of securities on exchange

26 Jul 24

8-K

Covenant Logistics Group Announces Move to New York Stock Exchange

26 Jul 24

8-K

Covenant Logistics Group Announces Second Quarter

24 Jul 24

8-K

Departure of Directors or Certain Officers

27 Jun 24

8-K

Submission of Matters to a Vote of Security Holders

17 May 24

Transcripts

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CVLG

Earnings call transcript

2024 Q1

25 Apr 24

CVLG

Earnings call transcript

2023 Q4

24 Jan 24

CVLG

Earnings call transcript

2023 Q3

26 Oct 23

CVLG

Earnings call transcript

2023 Q2

28 Jul 23

CVLG

Earnings call transcript

2023 Q2

27 Jul 23

CVLG

Earnings call transcript

2023 Q1

28 Apr 23

CVLG

Earnings call transcript

2022 Q4

26 Jan 23

CVLG

Earnings call transcript

2022 Q3

21 Oct 22

CVLG

Earnings call transcript

2022 Q2

26 Jul 22

CVLG

Earnings call transcript

2022 Q1

29 Apr 22

Latest ownership filings

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Annual report of employee stock purchases

Financial summary

Financial statements Chart CVLG financial data

Quarter (USD)	Mar 24	Dec 23	Sep 23	Jun 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.95 mm	2.95 mm	2.95 mm	2.95 mm	2.95 mm	2.95 mm
Cash burn (monthly)	(no burn)	4.30 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	37.68 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	-34.73 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	-8.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

CVLG institutional ownership history Ownership history

64.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	157	154	+1.9%
Opened positions	19	29	-34.5%
Closed positions	16	25	-36.0%
Increased positions	46	44	+4.5%
Reduced positions	53	53	–

13F shares	Current	Prev Q	Change
Total value	334.26 bn	302.51 bn	+10.5%
Total shares	6.81 mm	6.78 mm	+0.4%
Total puts	40.20 k	201.00 k	-80.0%
Total calls	22.20 k	46.10 k	-51.8%
Total put/call ratio	1.8	4.4	-58.5%

Largest owners	Shares	Value	Change
BLK BlackRock	1.16 mm	$61.25 bn	NEW
Dimensional Fund Advisors	772.14 k	$40.80 bn	-0.5%
Scopus Asset Management	519.43 k	$27.45 bn	0.0%
Vanguard	463.16 k	$24.47 bn	+5.3%
Patton Albertson Miller	288.13 k	$15.22 bn	0.0%
STT State Street	208.52 k	$11.02 bn	+6.2%
LSV Asset Management	197.80 k	$10.45 mm	-37.7%
Foundry Partners	196.30 k	$10.37 bn	+6.2%
Geode Capital Management	183.55 k	$9.70 bn	-2.2%
Bridgeway Capital Management	175.29 k	$9.26 bn	+2.7%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	1.16 mm	+1.16 mm	NEW
BLK BlackRock	0.00	-1.12 mm	EXIT
LSV Asset Management	197.80 k	-119.53 k	-37.7%
BEN Franklin Resources	70.06 k	+64.78 k	+1226.7%
Acadian Asset Management	93.10 k	-60.50 k	-39.4%
American Century Companies	172.85 k	+58.73 k	+51.5%
FMR	46.15 k	+44.84 k	+3423.0%
Millennium Management	5.73 k	-44.46 k	-88.6%
Aqr Capital Management	37.87 k	-36.84 k	-49.3%
Citadel Advisors	9.50 k	-34.77 k	-78.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CVLG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Nov 24	Joey B Hogan	Class A Common Stock	Sell	Dispose S	No	No	60.8281	8,700	529.20 k	82,238
12 Nov 24	Moline Bradley A	Class A Common Stock	Sell	Dispose S	No	No	60.474	3,000	181.42 k	43,992
11 Nov 24	Moline Bradley A	Class A Common Stock	Sell	Dispose S	No	No	59.6442	7,000	417.51 k	46,992
4 Nov 24	David Ray Parker	Class A Common Stock	Gift	Dispose G	No	No	0	9,500	0.00	1,182,571
30 Oct 24	Joey B Hogan	Class A Common Stock	Gift	Dispose G	No	No	0	980	0.00	90,938
29 Jul 24	Schmidt Herbert J	Class A Common Stock	Sell	Dispose S	No	No	56.2024	7,760	436.13 k	12,134
29 Jul 24	Schmidt Herbert J	Class A Common Stock	Sell	Dispose S	No	No	55.4656	2,780	154.19 k	19,894
29 Jul 24	Schmidt Herbert J	Class A Common Stock	Sell	Dispose S	No	No	54.4724	10,460	569.78 k	22,674