T. Rowe Price Investment Management Reports New 5.2% Stake in Covenant Logistics Group Inc (CVLG)

On May 15, 2026, T. Rowe Price Investment Management, Inc. filed a Schedule 13G with the SEC, reporting a new 5.2% ownership stake in Covenant Logistics Group Inc (CVLG). The filing indicates that as of the event date on March 31, 2026, the investment adviser beneficially owns 1,067,787 shares of common stock. This represents a significant increase from a previously reported 0.0% position. Of the total shares held, T. Rowe Price Investment Management, Inc. maintains sole voting power over 1,055,034 shares and sole dispositive power over the full 1,067,787 shares. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The reporting entity is based in Baltimore, Maryland, and the total value of the holdings is estimated at approximately $36.59 million based on provided supplemental data.