FedEx (NYSE:FDX) EVP Tracy Brightman Sells 16,959 Shares

Key Points

• Tracy Brightman, FedEx EVP, sold 16,959 shares on April 15 at an average price of $363.47 for a total of $6,164,087.73, cutting her stake by 60.54% to 11,052 shares (≈$4.02M).
• Other senior insiders have also sold recently — EVP Gina F. Adams (~20,450 shares, ≈$7.5M) and EVP Kawal Preet (4,900 shares, ≈$1.8M) — a cluster of insider sales that may raise concerns about near-term selling pressure.
• Despite the insider selling, FedEx reported a strong quarter (EPS $5.25 vs. $4.12 estimate, revenue $24B), analysts have raised price targets and the stock holds a consensus Moderate Buy

FedEx Corporation (NYSE:FDX - Get Free Report) EVP Tracy Brightman sold 16,959 shares of FedEx stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $363.47, for a total transaction of $6,164,087.73. Following the completion of the transaction, the executive vice president owned 11,052 shares in the company, valued at approximately $4,017,070.44. This trade represents a 60.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

FedEx Stock Performance

FDX traded up $15.13 during trading on Thursday, reaching $380.05. The company's stock had a trading volume of 1,645,816 shares, compared to its average volume of 1,939,650. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47. The company's fifty day moving average price is $366.86 and its 200-day moving average price is $307.86. FedEx Corporation has a 52-week low of $201.10 and a 52-week high of $392.86. The company has a market capitalization of $90.68 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 1.62 and a beta of 1.28.

FedEx (NYSE:FDX - Get Free Report) last posted its quarterly earnings results on Thursday, March 19th. The shipping service provider reported $5.25 EPS for the quarter, beating the consensus estimate of $4.12 by $1.13. FedEx had a return on equity of 16.76% and a net margin of 4.88%.The business had revenue of $24 billion during the quarter, compared to analysts' expectations of $23.44 billion. During the same period last year, the firm earned $4.51 EPS. The company's quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities analysts forecast that FedEx Corporation will post 19.14 earnings per share for the current fiscal year.

FedEx Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th were issued a $1.45 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $5.80 dividend on an annualized basis and a yield of 1.5%. FedEx's dividend payout ratio (DPR) is 30.87%.

Hedge Funds Weigh In On FedEx

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in FedEx by 13.2% in the 3rd quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider's stock valued at $5,527,870,000 after purchasing an additional 2,741,723 shares during the last quarter. Dodge & Cox grew its holdings in shares of FedEx by 12.0% during the third quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider's stock worth $3,826,055,000 after buying an additional 1,742,666 shares in the last quarter. State Street Corp grew its holdings in shares of FedEx by 4.2% during the fourth quarter. State Street Corp now owns 9,521,691 shares of the shipping service provider's stock worth $2,763,824,000 after buying an additional 382,848 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of FedEx by 6.6% during the fourth quarter. Franklin Resources Inc. now owns 5,133,231 shares of the shipping service provider's stock valued at $1,482,785,000 after buying an additional 318,293 shares during the period. Finally, Geode Capital Management LLC boosted its position in FedEx by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 4,985,778 shares of the shipping service provider's stock worth $1,443,666,000 after acquiring an additional 45,818 shares during the last quarter. Hedge funds and other institutional investors own 84.47% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. BMO Capital Markets upped their price target on FedEx from $400.00 to $410.00 and gave the stock a "market perform" rating in a report on Friday, March 20th. Argus boosted their target price on FedEx from $350.00 to $400.00 and gave the stock a "buy" rating in a research report on Monday, April 6th. TD Cowen upped their target price on FedEx from $383.00 to $426.00 and gave the company a "buy" rating in a report on Friday, March 20th. JPMorgan Chase & Co. restated a "neutral" rating on shares of FedEx in a research report on Thursday, April 9th. Finally, Raymond James Financial lifted their price target on FedEx from $305.00 to $410.00 and gave the stock an "outperform" rating in a research note on Friday, February 13th. Eighteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $398.04.

FedEx News Summary

Here are the key news stories impacting FedEx this week:

• Positive Sentiment: Wells Fargo reaffirmed its buy view on FDX, supporting demand for the shares as analysts lean bullish. Read More.
• Positive Sentiment: Stephens reiterated an overweight rating (coverage noted by market outlets), and other shops have raised price targets — analyst momentum is a key reason investors are bidding the stock up. Read More.
• Positive Sentiment: Market reports say FedEx has reaffirmed FY26/FY29 financial guidance after its recent spinoff plans, removing a major source of uncertainty and supporting upside expectations. Read More.
• Neutral Sentiment: Company statement: CFO John W. Dietrich will step down effective June 1 with an interim CFO named while a search is conducted — the move follows the planned FedEx Freight spinoff and could increase short-term volatility. Read More.
• Neutral Sentiment: FedEx CEO Raj Subramaniam flagged tariff-related impacts at a recent forum — a reminder of macro/geo risks that can pressure margins even as operational trends improve. Read More.
• Neutral Sentiment: Coverage pieces weighing FedEx vs. peers and asking whether recent strong gains leave value (dividend/total-return comparisons, long-term thesis). These articles keep the debate active but don’t change fundamentals immediately. Read More.
• Negative Sentiment: Insider selling: EVP Gina F. Adams sold 20,450 shares (~$7.5M), a large reduction that can be read as a negative signal by some investors. Read More.
• Negative Sentiment: Another EVP, Kawal Preet, sold 4,900 shares (~$1.8M), adding to concerns about insider liquidity and near-term selling pressure. Read More.

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.

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