FedEx Corporation $FDX Shares Sold by Chapin Davis Inc.

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Chapin Davis Inc. significantly reduced its stake in FedEx Corporation by selling 5,570 shares in Q4, retaining 3,783 shares valued at approximately $1.09 million. Meanwhile, FedEx insiders have been net sellers, offloading shares worth $17.6 million in the past 90 days. Despite insider selling, analysts maintain a “Moderate Buy” rating for FedEx with an average target of $398.04, supported by the company’s cost-cutting initiatives and the planned FedEx Freight spin-off.

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