XPO (NYSE:XPO) CAO Sells $251,762.50 in Stock

XPO, Inc. (NYSE:XPO) CAO Christopher Michael Brown sold 1,250 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $201.41, for a total transaction of $251,762.50. Following the transaction, the chief accounting officer owned 34,755 shares of the company’s stock, valued at approximately $7,000,004.55. This represents a 3.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Christopher Michael Brown also recently made the following trade(s):

• On Tuesday, August 11th, Christopher Michael Brown sold 3,750 shares of XPO stock. The stock was sold at an average price of $201.94, for a total value of $757,275.00.

XPO Trading Down 0.0%

Shares of XPO stock opened at $211.04 on Friday. The stock’s fifty day moving average price is $207.90 and its two-hundred day moving average price is $203.11. The company has a market cap of $24.71 billion, a PE ratio of 62.25, a P/E/G ratio of 2.14 and a beta of 1.85. XPO, Inc. has a fifty-two week low of $121.48 and a fifty-two week high of $232.05. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.01 and a current ratio of 1.01.

XPO (NYSE:XPO) last issued its quarterly earnings results on Thursday, July 30th. The transportation company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.22. XPO had a return on equity of 29.64% and a net margin of 4.71%.The company had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter last year, the company posted $1.05 EPS. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. Equities analysts predict that XPO, Inc. will post 5.44 EPS for the current fiscal year.

Institutional Investors Weigh In On XPO

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Elyxium Wealth LLC bought a new position in XPO in the fourth quarter valued at about $28,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of XPO during the second quarter valued at about $32,000. Torren Management LLC bought a new stake in shares of XPO during the fourth quarter worth about $37,000. Horizon Investments LLC bought a new stake in shares of XPO during the third quarter worth about $39,000. Finally, International Assets Investment Management LLC acquired a new position in shares of XPO in the fourth quarter valued at approximately $41,000. Institutional investors own 97.73% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on XPO shares. Raymond James Financial decreased their target price on XPO from $233.00 to $225.00 and set an “outperform” rating on the stock in a research report on Monday, July 13th. TD Cowen increased their target price on shares of XPO from $224.00 to $228.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Citigroup reduced their price target on shares of XPO from $226.00 to $221.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. Weiss Ratings raised shares of XPO from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday. Finally, Citizens Jmp assumed coverage on shares of XPO in a research report on Wednesday, July 15th. They set a “market perform” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $225.86.

About XPO

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.