XPO Logistics, Inc. (NYSE:XPO) Director Sells $6,762,510.00 in Stock

XPO Logistics, Inc. (NYSE:XPO) Director Jacobs Private Equity, Llc sold 46,638 shares of the stock in a transaction that occurred on Tuesday, June 8th. The stock was sold at an average price of $145.00, for a total value of $6,762,510.00. Following the completion of the transaction, the director now directly owns 387,416 shares of the company’s stock, valued at approximately $56,175,320. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Jacobs Private Equity, Llc also recently made the following trade(s):

  • On Thursday, June 10th, Jacobs Private Equity, Llc sold 84,260 shares of XPO Logistics stock. The stock was sold at an average price of $144.53, for a total value of $12,178,097.80.
  • On Friday, May 14th, Jacobs Private Equity, Llc sold 31,763 shares of XPO Logistics stock. The stock was sold at an average price of $145.01, for a total value of $4,605,952.63.
  • On Wednesday, May 12th, Jacobs Private Equity, Llc sold 60,870 shares of XPO Logistics stock. The stock was sold at an average price of $142.37, for a total value of $8,666,061.90.
  • On Wednesday, April 28th, Jacobs Private Equity, Llc sold 29,863 shares of XPO Logistics stock. The stock was sold at an average price of $136.63, for a total value of $4,080,181.69.
  • On Monday, April 26th, Jacobs Private Equity, Llc sold 72,512 shares of XPO Logistics stock. The stock was sold at an average price of $134.50, for a total value of $9,752,864.00.
  • On Wednesday, March 24th, Jacobs Private Equity, Llc sold 54,646 shares of XPO Logistics stock. The stock was sold at an average price of $118.24, for a total value of $6,461,343.04.
  • On Monday, March 22nd, Jacobs Private Equity, Llc sold 83,781 shares of XPO Logistics stock. The stock was sold at an average price of $121.88, for a total value of $10,211,228.28.

XPO stock opened at $145.54 on Friday. The stock has a market cap of $16.26 billion, a P/E ratio of 111.10, a P/E/G ratio of 1.93 and a beta of 2.18. XPO Logistics, Inc. has a 1 year low of $71.69 and a 1 year high of $151.22. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.77. The business has a fifty day moving average price of $139.84.

XPO Logistics (NYSE:XPO) last released its quarterly earnings results on Sunday, May 2nd. The transportation company reported $1.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.97 by $0.49. XPO Logistics had a return on equity of 12.79% and a net margin of 1.17%. The firm had revenue of $4.77 billion for the quarter, compared to the consensus estimate of $4.33 billion. During the same period last year, the business posted $0.69 EPS. The company’s revenue for the quarter was up 23.6% on a year-over-year basis. Sell-side analysts expect that XPO Logistics, Inc. will post 6.22 earnings per share for the current year.

Institutional investors have recently made changes to their positions in the stock. Aspire Private Capital LLC bought a new position in XPO Logistics in the 1st quarter worth $25,000. IronBridge Private Wealth LLC bought a new position in XPO Logistics in the 4th quarter worth $31,000. Tompkins Financial Corp bought a new position in XPO Logistics in the 4th quarter worth $37,000. Credit Agricole S A bought a new position in XPO Logistics in the 1st quarter worth $37,000. Finally, Archer Investment Corp bought a new position in XPO Logistics in the 4th quarter worth $39,000. 73.22% of the stock is currently owned by institutional investors.

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upped their price target on XPO Logistics from $136.00 to $161.00 and gave the stock a “buy” rating in a research note on Thursday, May 6th. Susquehanna Bancshares upped their price target on XPO Logistics from $144.00 to $154.00 and gave the stock a “positive” rating in a research note on Monday, April 12th. KeyCorp upped their price target on XPO Logistics from $170.00 to $175.00 and gave the stock an “overweight” rating in a research note on Thursday. Raymond James upped their price target on XPO Logistics from $145.00 to $155.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 5th. Finally, Cowen upped their price target on XPO Logistics from $157.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 5th. Two investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $151.65.

XPO Logistics Company Profile

XPO Logistics, Inc provides supply chain solutions in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, Transportation and Logistics. The Transportation segment offers less-than-truckload (LTL) services, such as density and day-definite regional, inter-regional, and transcontinental LTL freight services through a network of tractors, trailers, professional drivers, and terminals; and truck brokerage services.

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Insider Buying and Selling by Quarter for XPO Logistics (NYSE:XPO)

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