Insider Buying: John Dietrich Acquires Shares of FedEx Corp (FDX)

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Jan 09, 2025
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On January 7, 2025, John Dietrich, Executive Vice President and Chief Financial Officer at FedEx Express, purchased 1,000 shares of FedEx Corp (FDX, Financial). Following this transaction, the insider now owns a total of 9,067 shares in the company. The transaction details can be found in the SEC Filing. FedEx Corp is a global logistics and transportation company that provides a broad portfolio of transportation, e-commerce, and business services. The company operates through various segments, including FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The insider transaction history for FedEx Corp indicates that there have been two insider buys and 17 insider sells over the past year. This recent purchase by John Dietrich marks the only buy by the insider in the past year, with no shares sold during this period. 1877173853604704256.png On the day of the purchase, FedEx Corp shares were trading at $273.98, giving the company a market cap of $66,209.831 million. The company's price-earnings ratio stands at 17.52, which is higher than the industry median of 13.78 but lower than the company's historical median price-earnings ratio. 1877173931174162432.png The GF Value for FedEx Corp is estimated at $248.35, resulting in a price-to-GF-Value ratio of 1.1. This suggests that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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