Shares of FedEx Corporation (NYSE:FDX) Sees Large Inflow of Net Money Flow

Shares of FedEx Corporation (NYSE:FDX) saw an erosion of -0.44 points in recent session. During the trading, the value of each share was $160.43, dropping -0.27%. The shares saw high fund-flow as the composite value of all the upticks was $62.89 million and the total value of all the downticks was a mere $44.35 million. The net money flow was seen at $18.54 million and the up/down ratio was measured at 1.42. On a weekly basis the shares of the shares have recorded a change of -2.07%.The block trade which occurred today had $20.47 million in upticks and $0 million in downticks with the up/down ratio climbing to 0. $20.47 million was the net money flow of the block transaction.


Currently the company Insiders own 8.15% of FedEx Corporation shares according to the proxy statements. Institutional Investors own 77.72% of FedEx Corporation shares. On the companys insider trading activities,The director officer (Chairman/President/CEO) of Fedex Corp, Smith Frederick W sold 200,000 shares at $166.3 on April 21, 2016. The Insider selling transaction had a total value worth of $33,260,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

FedEx Corporation (NYSE:FDX) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.44 points or 0.27% at $160.43 with 1,447,558 shares getting traded. Post opening the session at $160.32, the shares hit an intraday low of $160.3 and an intraday high of $161.97 and the price was in this range throughout the day. The company has a market cap of $43,063 million and the number of outstanding shares have been calculated to be 268,423,760 shares. The 52-week high of FedEx Corporation (NYSE:FDX) is $183.5 and the 52-week low is $119.71.

Many analysts have stated their opinion on the company shares. Stifel Nicolaus maintains their rating on the shares of FedEx Corporation (NYSE:FDX). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $178 per share from $174 per share. The rating by the firm was issued on June 2, 2016.

FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services under the FedEx brand. The Company offers its services through companies constituting four business segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. FedEx Express offers a range of domestic and international shipping services for delivery of packages and freight. FedEx Ground provides business and residential money-back guaranteed ground package delivery services. FedEx Freight offers less-than-truckload (LTL) freight services. FedEx Services provides FedExs other companies with sales, marketing, information technology, communications, customer service and certain other back-office support. The Companys subsidiaries include Federal Express Corporation, FedEx Trade Networks, Inc., FedEx Ground Package System, Inc., FedEx SmartPost, Inc., FedEx Corporate Services, Inc. and GENCO Distribution System, Inc., among others.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.