In a filing, GXO Logistics Inc revealed its Chief Executive Officer Wilson Malcolm acquired Company’s shares for reported $0.5 million on Jun 11 ’24. In the deal valued at $49.95 per share,10,000 shares were bought. As a result of this transaction, Wilson Malcolm now holds 100,814 shares worth roughly $3.61 million.
Truist initiated its GXO Logistics Inc [GXO] rating to a Hold in a research note published on March 13, 2025; the price target was $40. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in early March with a ‘”a Hold”‘ rating. Loop Capital also remained covering GXO and has decreased its forecast on February 03, 2025 with a “Hold” recommendation from previously “Buy” rating. Citigroup started covering the stock on October 09, 2024. It rated GXO as “a Buy”.
Price Performance Review of GXO
On Friday, GXO Logistics Inc [NYSE:GXO] saw its stock fall -1.97% to $35.76. Over the last five days, the stock has gained 5.67%. GXO Logistics Inc shares have fallen nearly -17.79% since the year began. Nevertheless, the stocks have fallen -28.68% over the past one year. While a 52-week high of $63.33 was reached on 01/31/25, a 52-week low of $30.46 was recorded on 04/09/25. SMA at 50 days reached $37.84, while 200 days put it at $48.04.
Levels Of Support And Resistance For GXO Stock
The 24-hour chart illustrates a support level at 35.40, which if violated will result in even more drops to 35.05. On the upside, there is a resistance level at 36.32. A further resistance level may holdings at 36.89. The Relative Strength Index (RSI) on the 14-day chart is 48.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.52, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.75%. Stochastics %K at 79.36% indicates the stock is a holding.
How much short interest is there in GXO Logistics Inc?
A steep rise in short interest was recorded in GXO Logistics Inc stocks on 2025-04-15, growing by 0.71 million shares to a total of 8.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 7.78 million shares. There was a rise of 8.37%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 07, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $58 price target.
