Covenant Logistics Group Inc. (CVLG) reported fourth-quarter 2025 revenue of $295.4 million, slightly above the consensus estimate of $295.1 million. Diluted earnings per share came in at a loss of -$0.73 versus an expected $0.36 per share.
Gross profit improved to $58.3 million, a year-over-year increase of 14.8%. Cost of sales rose to $237.1 million, up 4.7% year-over-year. The company recorded an operating loss of $24.2 million, a significant swing compared with the prior year, and reported a net loss attributable to common shareholders of $18.3 million.
Operating cash flow strengthened to $41.4 million, up 88.6% year-over-year. Capital expenditures rose to $49.2 million, an increase of about 129% versus the prior year, while cash and cash equivalents declined to $2.7 million, down roughly 92% year-over-year.
Shares moved approximately -4.29% since the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Covenant Logistics Group Inc. Hedge Fund Activity
We have seen 72 institutional investors add shares of Covenant Logistics Group Inc. stock to their portfolio, and 65 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NEXT CENTURY GROWTH INVESTORS LLC removed 193,383 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $4,188,675
- SCOPUS ASSET MANAGEMENT, L.P. removed 144,126 shares (-20.3%) from their portfolio in Q3 2025, for an estimated $3,121,769
- ALGERT GLOBAL LLC added 95,556 shares (+655.0%) to their portfolio in Q3 2025, for an estimated $2,069,742
- MORGAN STANLEY added 93,389 shares (+100.8%) to their portfolio in Q3 2025, for an estimated $2,022,805
- HUDSON BAY CAPITAL MANAGEMENT LP removed 82,254 shares (-62.1%) from their portfolio in Q3 2025, for an estimated $1,781,621
- OLIVER LUXXE ASSETS LLC removed 76,005 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $1,675,150
- PRUDENTIAL FINANCIAL INC removed 58,620 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $1,269,709
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
