Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of FedEx Corporation (NYSE:FDX)

Key Points

• Rep. Gilbert Ray Cisneros Jr. sold between $1,001 and $15,000 of FedEx stock on July 21, according to a filing disclosed September 4. He also made several other purchases and sales across technology, pharmaceutical, financial and consumer companies.
• FedEx shares recently traded at $316.44, down $6.08, while the company reported quarterly revenue of $23.26 billion and earnings of $5.88 per share. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $348.32.
• FedEx declared a quarterly dividend of $1.22 per share, equivalent to $4.88 annually and a 1.5% yield, payable October 1 to shareholders of record on September 14.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of FedEx Corporation (NYSE:FDX). In a filing disclosed on September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in FedEx stock on July 21st. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Mesabi Trust NYSE: MSB on 7/31/2026.
• Purchased $1,001 - $15,000 in shares of Praxis Precision Medicines NASDAQ: PRAX on 7/30/2026.
• Purchased $15,001 - $50,000 in shares of Alkermes NASDAQ: ALKS on 7/30/2026.
• Sold $15,001 - $50,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 7/30/2026.
• Sold $100,001 - $250,000 in shares of Alibaba Group NYSE: BABA on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of SailPoint NASDAQ: SAIL on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Glacier Bancorp NYSE: GBCI on 7/21/2026.
• Purchased $1,001 - $15,000 in shares of Marvell Technology NASDAQ: MRVL on 7/17/2026.

FedEx Stock Performance

FDX traded down $6.08 on Tuesday, hitting $316.44. The company had a trading volume of 369,025 shares, compared to its average volume of 2,103,963. The company's fifty day moving average price is $319.29 and its 200 day moving average price is $348.55. FedEx Corporation has a 1-year low of $177.86 and a 1-year high of $345.36. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.48 and a quick ratio of 1.44. The stock has a market cap of $74.89 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 1.71 and a beta of 1.32.

FedEx (NYSE:FDX - Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%.The company had revenue of $23.26 billion during the quarter. Equities analysts predict that FedEx Corporation will post 17.6 earnings per share for the current fiscal year.

FedEx Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, September 14th will be paid a $1.22 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a $4.88 annualized dividend and a dividend yield of 1.5%. FedEx's payout ratio is presently 26.36%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FDX. Hollencrest Capital Management acquired a new stake in shares of FedEx during the 1st quarter worth $25,000. Bayban bought a new position in FedEx in the first quarter valued at about $26,000. Solstein Capital LLC bought a new position in FedEx in the second quarter valued at about $27,000. Cedar Mountain Advisors LLC raised its position in shares of FedEx by 77.4% during the first quarter. Cedar Mountain Advisors LLC now owns 94 shares of the shipping service provider's stock worth $33,000 after acquiring an additional 41 shares during the last quarter. Finally, EFG International AG bought a new position in shares of FedEx during the fourth quarter worth about $27,000. 84.47% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Paul Walsh sold 5,042 shares of the firm's stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total transaction of $1,636,431.52. Following the completion of the sale, the director owned 16,359 shares of the company's stock, valued at $5,309,477.04. This trade represents a 23.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.65% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

FDX has been the subject of a number of recent research reports. Stephens upgraded FedEx to a "strong-buy" rating in a research note on Wednesday, July 8th. UBS Group lowered their target price on FedEx from $445.00 to $350.00 and set a "buy" rating for the company in a research note on Wednesday, June 24th. Barclays decreased their price target on FedEx from $450.00 to $425.00 and set an "overweight" rating on the stock in a report on Wednesday, June 17th. Seaport Research Partners assumed coverage on FedEx in a report on Wednesday, May 27th. They issued a "buy" rating on the stock. Finally, JPMorgan Chase & Co. reduced their target price on FedEx from $460.00 to $400.00 and set an "overweight" rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $348.32.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About FedEx

FedEx Corporation NYSE: FDX is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx's core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.