In a filing, Fedex Corp revealed its Director SCHWAB SUSAN C unloaded Company’s shares for reported $1.1 million on Jan 14 ’25. In the deal valued at $276.45 per share,3,980 shares were sold. As a result of this transaction, SCHWAB SUSAN C now holds 8,904 shares worth roughly $2.21 million.
Then, SCHWAB SUSAN C bought 3,980 shares, generating $1,092,868 in total proceeds.
Before that, Smith Richard W sold 2,576 shares. Fedex Corp shares valued at $713,373 were divested by the COO INTL – CEO Airline FEC at a price of $276.93 per share. As a result of the transaction, Smith Richard W now holds 111,886 shares, worth roughly $27.72 million.
Loop Capital downgraded its Fedex Corp [FDX] rating to a Hold from a a Buy in a research note published on February 03, 2025; the price target was decreased to $283 from $365. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. Loop Capital also remained covering FDX and has increased its forecast on December 20, 2024 with a “Buy” recommendation from previously “Hold” rating. TD Cowen maintained its rating on December 20, 2024. It rated FDX as “a Buy”.
Price Performance Review of FDX
On Tuesday, Fedex Corp [NYSE:FDX] saw its stock fall -4.26% to $247.74. Over the last five days, the stock has lost -3.41%. Fedex Corp shares have fallen nearly -11.94% since the year began. Nevertheless, the stocks have fallen -0.49% over the past one year. While a 52-week high of $313.84 was reached on 01/02/25, a 52-week low of $242.92 was recorded on 02/21/25. SMA at 50 days reached $267.99, while 200 days put it at $276.46.
Levels Of Support And Resistance For FDX Stock
The 24-hour chart illustrates a support level at 244.46, which if violated will result in even more drops to 241.19. On the upside, there is a resistance level at 253.38. A further resistance level may holdings at 259.03. The Relative Strength Index (RSI) on the 14-day chart is 35.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.83%. Stochastics %K at 48.10% indicates the stock is a holding.
