XPO Inc’s filing revealed that its Chief Executive Officer Harik Mario A unloaded Company’s shares for reported $0.82 million on Dec 31 ’23. In the deal valued at $87.59 per share,9,383 shares were sold. As a result of this transaction, Harik Mario A now holds 133,571 shares worth roughly $16.34 million.
Then, FRYE J WES bought 1,500 shares, generating $119,565 in total proceeds. Upon buying the shares at $79.71, the Director now owns 3,000 shares.
Before that, Landry Allison sold 1,600 shares. XPO Inc shares valued at $85,120 were divested by the Director at a price of $53.20 per share. As a result of the transaction, Landry Allison now holds 3,360 shares, worth roughly $0.41 million.
TD Cowen reiterated its XPO Inc [XPO] rating to an Outperform in a research note published on March 07, 2024; the price target was $136. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in mid February from “an Equal-weight” to “an Underweight”. TD Cowen also remained covering XPO and reiterated its “an Outperform” recommendation on February 08, 2024. TD Cowen maintained its rating on December 06, 2023. It rated XPO as “an Outperform”.
Price Performance Review of XPO
On Tuesday, XPO Inc [NYSE:XPO] saw its stock fall -0.84% to $122.33. Over the last five days, the stock has lost -3.93%. XPO Inc shares have risen nearly 39.66% since the year began. Nevertheless, the stocks have risen 267.36% over the past one year. While a 52-week high of $130.51 was reached on 04/08/24, a 52-week low of $33.12 was recorded on 01/17/24. SMA at 50 days reached $121.31, while 200 days put it at $87.84. A total of 1.34 million shares were traded, compared to the trading of 1.03 million shares in the previous session.
Levels Of Support And Resistance For XPO Stock
The 24-hour chart illustrates a support level at 120.49, which if violated will result in even more drops to 118.65. On the upside, there is a resistance level at 123.76. A further resistance level may holdings at 125.19. The Relative Strength Index (RSI) on the 14-day chart is 48.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.87%. Stochastics %K at 48.68% indicates the stock is a holding.
