In a filing, Fedex Corp revealed its EVP/Chief Customer Officer Carere Brie unloaded Company’s shares for reported $0.61 million on Jul 18 ’24. In the deal valued at $310.43 per share,1,958 shares were sold. As a result of this transaction, Carere Brie now holds 19,937 shares worth roughly $5.6 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Krishnasamy Sriram sold 8,421 shares, generating $2,611,718 in total proceeds. Upon selling the shares at $310.14, the EVP CDI Off & CTO/CEO FDW now owns 12,246 shares.
Before that, Ellison Marvin R sold 2,535 shares. Fedex Corp shares valued at $758,831 were divested by the Director at a price of $299.34 per share. As a result of the transaction, Ellison Marvin R now holds 6,955 shares, worth roughly $1.95 million.
Bernstein downgraded its Fedex Corp [FDX] rating to a Mkt perform from a an Outperform in a research note published on December 03, 2024; the price target was decreased to $316 from $337. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. TD Cowen also remained covering FDX and reiterated its “Buy” recommendation on September 20, 2024. Morgan Stanley revised its rating on September 20, 2024. It rated FDX as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of FDX
On Friday, Fedex Corp [NYSE:FDX] saw its stock jump 0.45% to $280.68. Over the last five days, the stock has lost -7.27%. Fedex Corp shares have risen nearly 10.95% since the year began. Nevertheless, the stocks have risen 5.04% over the past one year. While a 52-week high of $313.84 was reached on 07/16/24, a 52-week low of $234.45 was recorded on 02/16/24. SMA at 50 days reached $279.09, while 200 days put it at $274.62.
Levels Of Support And Resistance For FDX Stock
The 24-hour chart illustrates a support level at 278.14, which if violated will result in even more drops to 275.59. On the upside, there is a resistance level at 282.84. A further resistance level may holdings at 284.99. The Relative Strength Index (RSI) on the 14-day chart is 42.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -12.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.48%. Stochastics %K at 7.39% indicates the stock is a buying.
How much short interest is there in Fedex Corp?
A steep rise in short interest was recorded in Fedex Corp stocks on 2024-11-15, growing by 0.32 million shares to a total of 4.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.94 million shares. There was a rise of 7.5%, which implies that there is a positive sentiment for the stock.
