XPO (NYSE:XPO) CAO Christopher Michael Brown Sells 1,250 Shares of Stock

XPO, Inc. (NYSE:XPO) CAO Christopher Michael Brown sold 1,250 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $201.41, for a total transaction of $251,762.50. Following the completion of the transaction, the chief accounting officer owned 34,755 shares in the company, valued at approximately $7,000,004.55. This represents a 3.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through 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 shares were sold at an average price of $201.94, for a total transaction of $757,275.00.

XPO Price Performance

Shares of XPO opened at $208.87 on Thursday. The company has a market capitalization of $24.46 billion, a P/E ratio of 61.61, a price-to-earnings-growth ratio of 2.07 and a beta of 1.85. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.55. The firm has a 50 day moving average of $208.22 and a 200 day moving average of $202.61. XPO, Inc. has a twelve month low of $121.48 and a twelve month high of $232.05.

XPO (NYSE:XPO) last announced its quarterly earnings data on Thursday, July 30th. The transportation company reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.22. The company had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.28 billion. XPO had a net margin of 4.71% and a return on equity of 29.64%. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.05 EPS. As a group, equities research analysts anticipate that XPO, Inc. will post 5.44 earnings per share for the current fiscal year.

Institutional Trading of XPO

Large investors have recently modified their holdings of the company. Parallel Advisors LLC grew its stake in XPO by 13.2% in the 1st quarter. Parallel Advisors LLC now owns 421 shares of the transportation company’s stock valued at $82,000 after acquiring an additional 49 shares during the period. Smartleaf Asset Management LLC raised its position in XPO by 13.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 494 shares of the transportation company’s stock worth $68,000 after acquiring an additional 60 shares during the period. V Square Quantitative Management LLC grew its position in shares of XPO by 19.1% in the first quarter. V Square Quantitative Management LLC now owns 374 shares of the transportation company’s stock valued at $73,000 after purchasing an additional 60 shares during the period. UMB Bank n.a. grew its position in shares of XPO by 4.4% in the fourth quarter. UMB Bank n.a. now owns 1,483 shares of the transportation company’s stock valued at $202,000 after purchasing an additional 63 shares during the period. Finally, Root Financial Partners LLC increased its stake in shares of XPO by 21.1% during the first quarter. Root Financial Partners LLC now owns 362 shares of the transportation company’s stock worth $70,000 after purchasing an additional 63 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on XPO. Oppenheimer upped their price target on XPO from $236.00 to $238.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Citigroup reduced their price objective on XPO from $226.00 to $221.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Citizens Jmp assumed coverage on XPO in a research report on Wednesday, July 15th. They issued a “market perform” rating for the company. BMO Capital Markets upped their target price on shares of XPO from $240.00 to $245.00 and gave the company an “outperform” rating in a research note on Thursday, June 4th. Finally, Morgan Stanley set a $105.00 price target on shares of XPO and gave the company an “underweight” rating in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $225.86.

XPO Company Profile

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.