David Ray  Parker net worth and biography

David Parker Biography and Net Worth

Parker is the founder and CEO of Covenant Logistics Group. He has been in the trucking industry since the age of 17, when he worked full-time for his father's trucking company. In 1986, after much preparation and prayer, Parker founded a trucking company called Covenant Transport. After 39 years and several acquisitions, Covenant Logistics Group has grown into a $1 billion enterprise with a network of over 2,800 trucks, 5,900 trailers, four million+ square feet of warehouse space spanning coast to coast, and a Managed Freight Division to "meet any need." David has been married to his wife, Jacqueline, for 47 years. Together, they have two children and one grandson.

What is David Ray Parker's net worth?

The estimated net worth of David Ray Parker is at least $8.50 million as of February 26th, 2024. Parker owns 393,074 shares of Covenant Logistics Group stock worth more than $8,502,191 as of December 5th. This net worth estimate does not reflect any other investments that Parker may own. Learn More about David Ray Parker's net worth.

How do I contact David Ray Parker?

The corporate mailing address for Parker and other Covenant Logistics Group executives is 400 BIRMINGHAM HIGHWAY, CHATTANOOGA, TN, 37419. Covenant Logistics Group can also be reached via phone at (423) 821-1212 and via email at [email protected]. Learn More on David Ray Parker's contact information.

Has David Ray Parker been buying or selling shares of Covenant Logistics Group?

David Ray Parker has not been actively trading shares of Covenant Logistics Group over the course of the past ninety days. Most recently, David Ray Parker sold 110,000 shares of the business's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $25.74, for a transaction totalling $2,830,850.00. Following the completion of the sale, the chief executive officer now directly owns 393,074 shares of the company's stock, valued at $10,115,759.39. Learn More on David Ray Parker's trading history.

Who are Covenant Logistics Group's active insiders?

Covenant Logistics Group's insider roster includes Samuel Hough (EVP), Matisse Long (CAO), Bradley Moline (Director), and David Parker (CEO). Learn More on Covenant Logistics Group's active insiders.

Are insiders buying or selling shares of Covenant Logistics Group?

In the last twelve months, insiders at the sold shares 2 times. They sold a total of 4,314 shares worth more than $111,360.30. The most recent insider tranaction occured on May, 21st when Director D Michael Kramer sold 2,200 shares worth more than $50,160.00. Insiders at Covenant Logistics Group own 35.1% of the company. Learn More about insider trades at Covenant Logistics Group.

Information on this page was last updated on 5/21/2025.

David Ray Parker Insider Trading History at Covenant Logistics Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/26/2024Sell110,000$25.74$2,830,850.00393,074View SEC Filing Icon  
2/22/2024Sell46,000$25.94$1,193,240.00583,074View SEC Filing Icon  
2/20/2024Sell40,000$25.97$1,038,800.00611,474View SEC Filing Icon  
2/16/2024Sell10,000$27.22$272,150.00651,474View SEC Filing Icon  
10/30/2020Buy72,600$6.83$495,858.00220,408View SEC Filing Icon  
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David Ray Parker Buying and Selling Activity at Covenant Logistics Group

This chart shows David Ray Parker's buying and selling at Covenant Logistics Group by year and by quarter.

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Covenant Logistics Group Company Overview

Covenant Logistics Group logo
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. The segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2021, it operated 2,291 tractors and 5,331 trailers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
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Today's Range

Now: $21.63
Low: $21.60
High: $22.17

50 Day Range

MA: $20.41
Low: $18.05
High: $22.07

2 Week Range

Now: $21.63
Low: $17.46
High: $30.12

Volume

89,240 shs

Average Volume

102,069 shs

Market Capitalization

$541.83 million

P/E Ratio

18.18

Dividend Yield

1.29%

Beta

1.16