XPO Inc’s recently made public 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 $14.74 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 $0.37 million.
TD Cowen reiterated its XPO Inc [XPO] rating to a Buy in a research note published on May 06, 2024; the price target was $138. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early March has reiterated a ‘”an Outperform”‘ rating for it. Morgan Stanley also remained covering XPO and has decreased its forecast on February 12, 2024 with a “an Underweight” recommendation from previously “an Equal-weight” rating. TD Cowen maintained its rating on February 08, 2024. It rated XPO as “an Outperform”.
Price Performance Review of XPO
On Tuesday, XPO Inc [NYSE:XPO] saw its stock fall -0.36% to $110.33. Over the last five days, the stock has gained 2.67%. XPO Inc shares have risen nearly 25.96% since the year began. Nevertheless, the stocks have risen 130.33% over the past one year. While a 52-week high of $130.51 was reached on 04/08/24, a 52-week low of $45.24 was recorded on 01/17/24. SMA at 50 days reached $120.37, while 200 days put it at $91.72. A total of 1.76 million shares were traded, compared to the trading of 1.93 million shares in the previous session.
Levels Of Support And Resistance For XPO Stock
The 24-hour chart illustrates a support level at 109.33, which if violated will result in even more drops to 108.33. On the upside, there is a resistance level at 111.92. A further resistance level may holdings at 113.51. The Relative Strength Index (RSI) on the 14-day chart is 40.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.08%. Stochastics %K at 39.00% indicates the stock is a holding.
The most recent change occurred on December 06, 2023 when TD Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $96.
