XPO (NYSE:XPO) CFO Sells $131,602.50 in Stock

XPO, Inc. (NYSE:XPO) CFO Kyle Wismans sold 750 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $175.47, for a total value of $131,602.50. Following the completion of the sale, the chief financial officer directly owned 47,966 shares in the company, valued at $8,416,594.02. This represents a 1.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kyle Wismans also recently made the following trade(s):

• On Monday, September 14th, Kyle Wismans sold 750 shares of XPO stock. The shares were sold at an average price of $178.52, for a total transaction of $133,890.00.

XPO Stock Performance

Shares of XPO opened at $185.95 on Monday. The firm has a fifty day moving average of $191.03 and a 200-day moving average of $202.13. The company has a market cap of $21.77 billion, a price-to-earnings ratio of 54.85, a price-to-earnings-growth ratio of 1.89 and a beta of 1.85. 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, Inc. has a 1 year low of $121.48 and a 1 year high of $232.05.

XPO (NYSE:XPO) last released 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 business had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.28 billion. XPO had a net margin of 4.71% and a return on equity of 29.64%. The company’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.05 EPS. As a group, equities analysts anticipate that XPO, Inc. will post 5.42 earnings per share for the current year.

Hedge Funds Weigh In On XPO

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Parallel Advisors LLC raised its position in XPO by 13.2% in the first quarter. Parallel Advisors LLC now owns 421 shares of the transportation company’s stock worth $82,000 after acquiring an additional 49 shares in the last quarter. V Square Quantitative Management LLC boosted its position in shares of XPO by 19.1% during the 1st 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 in the last quarter. Root Financial Partners LLC grew its stake in shares of XPO by 21.1% in the 1st quarter. Root Financial Partners LLC now owns 362 shares of the transportation company’s stock worth $70,000 after purchasing an additional 63 shares during the last quarter. Resonant Capital Advisors LLC grew its stake in shares of XPO by 2.3% in the 1st quarter. Resonant Capital Advisors LLC now owns 4,193 shares of the transportation company’s stock worth $816,000 after purchasing an additional 96 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of XPO by 1.2% in the 4th quarter. HighTower Advisors LLC now owns 10,408 shares of the transportation company’s stock worth $1,415,000 after purchasing an additional 120 shares in the last quarter. 97.73% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

XPO has been the subject of several analyst reports. Weiss Ratings downgraded XPO from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Citizens Jmp started coverage on XPO in a research note on Wednesday, July 15th. They set a “market perform” rating on the stock. Sanford C. Bernstein began coverage on XPO in a research report on Thursday, September 10th. They set an “outperform” rating and a $244.00 price target for the company. Zacks Research cut XPO from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 29th. Finally, Susquehanna lowered their price target on XPO from $225.00 to $194.00 and set a “neutral” rating on the stock in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, XPO has a consensus rating of “Moderate Buy” and an average price target of $225.00.

Key Stories Impacting XPO

Here are the key news stories impacting XPO this week:

• Positive Sentiment: Network expansion supports growth outlook: XPO opened new service centers in Mesa, Arizona, and Cameron, Missouri, adding capacity in fast-growing freight markets. The facilities are intended to improve customer service, support shipment growth and strengthen the company’s network. XPO Opens Two New Service Centers in Fast-Growing Freight Markets
• Positive Sentiment: Bank of America remains bullish: Bank of America raised its price target for XPO from $228 to $230 and maintained a “buy” rating, implying meaningful potential appreciation from the referenced trading level. This provides a positive counterweight to more cautious analyst views.
• Neutral Sentiment: Analyst sentiment is divided: Susquehanna lowered its price target from $225 to $194 and assigned a “neutral” rating. The revised target still suggests modest upside, but the reduction indicates more cautious expectations for XPO’s valuation or operating outlook.
• Neutral Sentiment: Executive stock sales were made under trading plans: CFO Kyle Wismans sold 750 shares and COO David Bates sold 2,615 shares. Both transactions were conducted under pre-arranged Rule 10b5-1 plans, reducing their significance as a discretionary signal about management’s view of the business. CFO SEC Filing
• Negative Sentiment: Zacks downgraded XPO: Zacks Research cut its rating from “strong buy” to “hold,” adding to near-term concerns about valuation and the durability of the company’s growth momentum.

About XPO

XPO, Inc is a transportation and logistics company that provides freight services to businesses in North America and Europe. Its primary business is less-than-truckload (LTL) transportation, which consolidates shipments from multiple customers onto individual trailers. The company serves manufacturers, retailers, distributors and other commercial customers.

XPO’s services include regional, interregional and cross-border LTL transportation, freight pickup and delivery, shipment tracking, and related supply chain solutions.