XPO Sees Unusually High Options Volume (NYSE:XPO)

XPO, Inc. (NYSE:XPO) was the recipient of unusually large options trading on Friday. Stock investors acquired 3,155 put options on the stock. This is an increase of 326% compared to the average volume of 740 put options.

Insider Transactions at XPO

In other news, Director Allison Landry sold 3,250 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $135.04, for a total transaction of $438,880.00. Following the completion of the transaction, the director owned 5,875 shares of the company’s stock, valued at approximately $793,360. The trade was a 35.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 2.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Bayforest Capital Ltd boosted its stake in shares of XPO by 72.8% during the 3rd quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock worth $25,000 after acquiring an additional 83 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in shares of XPO during the second quarter valued at $26,000. SouthState Corp purchased a new stake in shares of XPO during the first quarter valued at $25,000. Root Financial Partners LLC acquired a new position in shares of XPO in the 3rd quarter valued at $32,000. Finally, Horizon Investments LLC purchased a new position in XPO in the 3rd quarter worth about $39,000. Institutional investors own 97.73% of the company’s stock.

Analyst Upgrades and Downgrades

XPO has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of XPO in a research note on Wednesday, October 8th. Rothschild Redb upgraded XPO to a “strong-buy” rating in a research report on Wednesday. Raymond James Financial raised their target price on XPO from $132.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 14th. UBS Group lifted their target price on XPO from $150.00 to $162.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Finally, Oppenheimer set a $154.00 price target on XPO and gave the stock an “outperform” rating in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $148.86.

XPO Price Performance

Shares of NYSE XPO opened at $142.06 on Friday. XPO has a twelve month low of $85.06 and a twelve month high of $161.00. The company has a current ratio of 1.01, a quick ratio of 1.02 and a debt-to-equity ratio of 1.88. The firm has a 50-day moving average of $132.70 and a two-hundred day moving average of $128.76. The company has a market capitalization of $16.68 billion, a price-to-earnings ratio of 49.16, a PEG ratio of 2.51 and a beta of 1.99.

XPO (NYSE:XPO) last released its earnings results on Tuesday, April 11th. The transportation company reported $0.64 EPS for the quarter. XPO had a net margin of 4.32% and a return on equity of 26.48%. The business had revenue of ($2,243.00) million for the quarter. As a group, analysts expect that XPO will post 4.15 earnings per share for the current fiscal year.

XPO Company Profile

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.