FedEx (NYSE:FDX) Shares Gap Down on Insider Selling

16 Apr 2026, 15:44 by Renee Jackson · The Cerbat Gem

Shares of FedEx Corporation (NYSE:FDX – Get Free Report) gapped down prior to trading on Tuesday following insider selling activity. The stock had previously closed at $371.89, but opened at $362.95. FedEx shares last traded at $370.7460, with a volume of 556,682 shares traded.

Specifically, EVP Gina F. Adams sold 20,450 shares of FedEx stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $366.45, for a total transaction of $7,493,902.50. Following the completion of the sale, the executive vice president owned 19,403 shares in the company, valued at approximately $7,110,229.35. This trade represents a 51.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Kawal Preet sold 4,900 shares of FedEx stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $367.89, for a total value of $1,802,661.00. Following the sale, the executive vice president owned 10,953 shares of the company’s stock, valued at approximately $4,029,499.17. This trade represents a 30.91% decrease in their position. The SEC filing for this sale provides additional information.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FDX. Zacks Research downgraded FedEx from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 18th. Wells Fargo & Company lifted their price target on FedEx from $430.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, March 20th. Royal Bank Of Canada downgraded FedEx to a “sector perform” rating in a research report on Wednesday, December 17th. Raymond James Financial lifted their price target on FedEx from $305.00 to $410.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of FedEx in a research report on Thursday, April 9th. Eighteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $398.04.

Read Our Latest Stock Analysis on FedEx

FedEx News Summary

Here are the key news stories impacting FedEx this week:

Positive Sentiment: Stephens reaffirmed an “Overweight” rating and set a $435 price target, signaling fresh analyst conviction in upside for FedEx. FedEx Earns Overweight from Stephens
Positive Sentiment: Share-activity and sector flows put FedEx in focus for the Russell 1000 logistics group, which can attract indexing/ETF demand and liquidity into the stock. Russell 1000 Logistics Sector Focus
Positive Sentiment: Coverage notes on strong results and management guidance (FY26/FY29 reaffirmations) are supporting expectations for continued earnings leverage from FedEx’s operations. FedEx Reaffirms Outlook
Neutral Sentiment: UBS described the CFO departure as “optically tough” but consistent with the planned freight spinoff and kept a constructive view, which reduces longer-term governance concerns. UBS: Strategy Intact After CFO Exit
Neutral Sentiment: FedEx confirmed CFO John Dietrich will step down effective June 1 with an interim appointed; the transition increases near-term headline risk but is linked to the planned FedEx Freight spin-off. Press Release: CFO to Step Down
Neutral Sentiment: Valuation note: recent coverage asks whether shares (after a large one‑year rally) still have room to run — this raises debates about upside vs. priced‑in expectations. Is It Too Late After an 82% Rally?
Negative Sentiment: Large insider sale: EVP Gina F. Adams sold 20,450 shares (~$7.5M at ~$366.45), cutting her stake by ~51% — significant insider selling can be viewed negatively by investors. SEC Filing: Gina F. Adams Form 4
Negative Sentiment: Another insider sale: EVP Kawal Preet sold 4,900 shares (~$1.8M at ~$367.89), reducing their holding by ~31%, adding to short‑term selling pressure concerns. SEC Filing: Kawal Preet Form 4

FedEx Stock Up 3.9%

The stock has a 50-day moving average of $366.86 and a two-hundred day moving average of $307.86. The company has a market cap of $90.43 billion, a P/E ratio of 20.15, a P/E/G ratio of 1.62 and a beta of 1.28. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.44 and a current ratio of 1.47.

FedEx (NYSE:FDX – Get Free Report) last released its earnings results on Thursday, March 19th. The shipping service provider reported $5.25 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $1.13. The company had revenue of $24 billion during the quarter, compared to the consensus estimate of $23.44 billion. FedEx had a return on equity of 16.76% and a net margin of 4.88%.FedEx’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.51 EPS. On average, research analysts anticipate that FedEx Corporation will post 19.14 EPS for the current fiscal year.

FedEx Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Monday, March 9th were paid a $1.45 dividend. This represents a $5.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Monday, March 9th. FedEx’s payout ratio is 30.87%.

Hedge Funds Weigh In On FedEx

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in FedEx by 13.2% in the 3rd quarter. Vanguard Group Inc. now owns 23,442,049 shares of the shipping service provider’s stock worth $5,527,870,000 after purchasing an additional 2,741,723 shares during the period. Dodge & Cox increased its stake in FedEx by 12.0% in the 3rd quarter. Dodge & Cox now owns 16,225,160 shares of the shipping service provider’s stock worth $3,826,055,000 after purchasing an additional 1,742,666 shares during the period. State Street Corp increased its stake in FedEx by 4.2% in the 4th quarter. State Street Corp now owns 9,521,691 shares of the shipping service provider’s stock worth $2,763,824,000 after purchasing an additional 382,848 shares during the period. Franklin Resources Inc. increased its stake in FedEx by 6.6% in the 4th quarter. Franklin Resources Inc. now owns 5,133,231 shares of the shipping service provider’s stock worth $1,482,785,000 after purchasing an additional 318,293 shares during the period. Finally, Geode Capital Management LLC increased its stake in FedEx by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 4,985,778 shares of the shipping service provider’s stock worth $1,443,666,000 after purchasing an additional 45,818 shares during the period. 84.47% of the stock is owned by hedge funds and other institutional investors.

FedEx Company Profile

(Get Free Report)

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.