From MarketBeat:



Amy B. Lane, a director of FedEx, recently acquired 200 shares of FedEx stock. This purchase was worth approximately $50,644. Following the purchase, Lane now directly owns 3,304 shares of the company’s stock, valued at approximately $836,638.88. Fedex stock is currently trading around $251.99, lower than its twelve month high of $285.53 and higher than its low of $171.55.

FedEx last reported a quarterly earnings report with a revenue of $22.17 billion, down 2.8% from previous years. The company also reported a quarterly dividend of $1.26, with a dividend payout ratio of 29.86%. Additionally, FedEx has a revolving door of investors, with more hedge funds and wealth advisors joining and some raising their stakes in the company.

A number of analysts have weighed in on FedEx’s stock, with most on the optimistic side. This positive feedback follows a series of hikes on FedEx stock prices and ratings. FedEx is now expected to post 17.71 earnings per share for the current year.



Read more: FedEx Co. (NYSE:FDX) Director Amy B. Lane Purchases 200 Shares