Rep. Gilbert Ray Cisneros, Jr. Unloads Shares of FedEx Corporation (NYSE:FDX)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of FedEx Corporation (NYSE:FDX). In a filing disclosed on September 04th, the Representative disclosed that they had sold between $1,001 and $15,000 in FedEx stock on July 21st. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Marvell Technology (NASDAQ:MRVL) on 7/17/2026.

FedEx Trading Down 1.5%

Shares of FDX traded down $4.83 during mid-day trading on Tuesday, reaching $317.69. The stock had a trading volume of 189,436 shares, compared to its average volume of 2,102,370. FedEx Corporation has a 52-week low of $177.86 and a 52-week high of $345.36. The firm has a market cap of $75.19 billion, a price-to-earnings ratio of 17.17, a P/E/G ratio of 1.71 and a beta of 1.32. The business’s fifty day moving average is $319.29 and its 200 day moving average is $348.55. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.48 and a quick ratio of 1.44.

FedEx (NYSE:FDX) last posted its earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. The company had revenue of $23.26 billion for the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. On average, sell-side analysts predict that FedEx Corporation will post 17.6 EPS for the current fiscal year.

FedEx Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Monday, September 14th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $4.88 annualized dividend and a dividend yield of 1.5%. FedEx’s payout ratio is presently 26.36%.

Insiders Place Their Bets

In other FedEx news, Director Paul Walsh sold 5,042 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total value of $1,636,431.52. Following the completion of the transaction, the director owned 16,359 shares in the company, valued at approximately $5,309,477.04. This represents a 23.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.65% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Truist Financial cut their target price on shares of FedEx from $425.00 to $365.00 and set a “buy” rating on the stock in a research note on Thursday, June 25th. Seaport Research Partners assumed coverage on shares of FedEx in a research note on Wednesday, May 27th. They set a “buy” rating for the company. Stephens upgraded FedEx to a “strong-buy” rating in a research note on Wednesday, July 8th. UBS Group lowered their price objective on FedEx from $445.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of FedEx in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, FedEx presently has an average rating of “Moderate Buy” and an average target price of $350.54.

Institutional Trading of FedEx

Several institutional investors and hedge funds have recently bought and sold shares of the business. Parkside Financial Bank & Trust raised its stake in shares of FedEx by 1.7% during the second quarter. Parkside Financial Bank & Trust now owns 3,516 shares of the shipping service provider’s stock worth $1,101,000 after purchasing an additional 60 shares during the last quarter. Range Advisory LLC increased its position in FedEx by 11.1% during the 2nd quarter. Range Advisory LLC now owns 861 shares of the shipping service provider’s stock worth $270,000 after purchasing an additional 86 shares during the period. Brown Lisle Cummings Inc. raised its stake in shares of FedEx by 5.4% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 3,725 shares of the shipping service provider’s stock worth $1,166,000 after buying an additional 191 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of FedEx in the 2nd quarter valued at approximately $44,950,000. Finally, California State Teachers Retirement System boosted its stake in shares of FedEx by 37,961.3% in the second quarter. California State Teachers Retirement System now owns 98,431,789 shares of the shipping service provider’s stock valued at $30,821,946,000 after buying an additional 98,173,175 shares in the last quarter. Hedge funds and other institutional investors own 84.47% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About FedEx

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.