The parcel giant is rebuilding around a different kind of customer. The quarter shows it is working.
FDX FedEx Corporation
XNYS
329.40
Delayed
Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
FDX
$329.40
—
Key stats
$329.40
- 52-Week Range
- $250.25 – $413.87
- YTD
- +12.37%
- IV Rank (30D)
- 13.6
- Straddle Price
- $20.12
- P/C Vol Ratio
- 1.49
- Market Cap
- $74.5B
- Open
- $321.54
- Day Range
- $319.57 – $329.87
- Volume
- 2,415,455
- Prev Close
- $318.02
Fair Value
MODEL: NEUTRAL
A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.
- DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
- Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
- DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
- P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
- Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
- Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
- Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
- Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
| 10-yr Treasury (rf) | 4.91% |
| Beta vs SPY | 0.98 |
| Cost of Equity (CAPM) | 9.79% (VRP-adj) |
| WACC | 8.84% |
| Volatility Risk Premium | +17.3pp (IV − HV30) |
| Effective Tax Rate | 26.3% |
| Rev. Growth (YoY, DCF input) | -2.6% |
| DCF Horizon | 5 years explicit + fade |
| Free Cash Flow (TTM) | $5.1B |
| Return on Equity (TTM) | 10.9% |
| Book / Price | 44.1% — banking bias active (P/B is primary) |
| Gross Margin (TTM) | 112.6% |
| FCF Margin (TTM) | 5.6% |
| Debt / Equity | 0.50 |
| Quality Score | 1/6 — cyclical/struggling (5y DCF) |
| Market-Implied Growth | +3.9% (reverse-DCF on current price) |
| SMA 50 | $303.75 (Market Anchor value) |
| SMA 20 / Bollinger Mid | $301.95 |
| Bollinger Width / SMA20 | 4.6% (drives anchor stability) |
| Net Debt | $9.3B |
| Market Cap | $78B |
Peers used for multiples: DAL, NSC, UAL
(filtered from 8 ETF-co-members; sector bias active)
60-Day Conviction
12%
20-Day Fair Value
≈ by Dec 4, 2026
$330.94
α +0.5%
rank 27%
conviction
37%
40-Day Fair Value
≈ by Jan 4, 2027
$333.13
α +1.1%
rank 27%
conviction
36%
60-Day Fair Value
≈ by Feb 2, 2027
$328.39
α -0.3%
rank 27%
conviction
12%
| Method | Implied Price | Weight | Detail |
|---|---|---|---|
| DCF | $237.73 | 19% | |
| DDM (Gordon) | $41.92 | 0% | |
| Peer P/E | $262.24 | 6% | median 16.6× · 3 peers |
| Peer EV/EBITDA | $193.46 | 6% | median 7.7× · 3 peers |
| Peer P/B | $352.75 | 6% | median 2.4× · 3 peers |
| Peer P/S | $292.86 | 6% | median 0.8× · 3 peers |
| Market Anchor (SMA50) | $303.75 | 38% | stability 100% (BB-width) |
| Options Expected (B-L 30d) | $330.62 | 19% | 41 strikes · skew -0.36 |
As of 2026-11-05 · updated
Related
About
- Industry (SIC)
- AIR COURIER SERVICES (4513) · industry map
- Exchange
- XNYS
- Market Cap
- $74.5B
- Employees
- 452,000
- List Date
- 1978-04-12
- CIK
- 0001048911
- Headquarters
- Memphis, TN
- Homepage
- https://www.fedex.com
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Federal Express segment-which houses the core package delivery operations-makes up more than 95% of total revenue (previously 87%). The remainder stems from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was pr…
Summary
—
composite
—
No summary data available for this symbol yet.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -7.05% | -4.91% | 9.36% | -4.34% | -3.43% | 9.93% | -0.07% |
| Feb | 6.38% | -11.80% | 0.55% | 2.90% | 6.29% | 15.42% | 3.29% |
| Mar | 8.37% | 7.67% | 11.82% | 17.49% | -5.79% | -8.02% | 5.26% |
| Apr | 2.39% | -10.17% | -0.46% | -6.55% | -13.08% | 12.25% | -2.60% |
| May | 3.37% | 13.99% | -5.46% | -2.60% | 3.83% | 4.59% | 2.95% |
| Jun | -4.03% | 3.68% | 14.09% | 20.60% | 4.32% | -7.49% | 5.20% |
| Jul | -6.41% | 4.24% | 9.05% | 1.20% | -4.63% | -2.02% | 0.24% |
| Aug | -3.79% | -11.31% | -2.66% | 0.32% | 6.43% | 5.87% | -0.86% |
| Sep | -17.54% | -29.92% | 1.51% | -6.75% | 5.19% | -12.25% | -9.96% |
| Oct | 5.84% | 5.82% | -9.43% | 1.59% | 5.96% | 9.13% | 3.15% |
| Nov | -2.24% | 15.19% | 6.41% | 10.32% | 8.97% | 3.50%* | 7.02% |
| Dec | 13.55% | -4.02% | -4.33% | -5.18% | 5.68% | -- | 1.14% |
| Total | -5.05% | -27.33% | 31.16% | 27.72% | 18.61% | 30.32% | 12.57% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $301.95
SMA 50: $303.75
SMA 200: $338.03
Current: $329.40
EMA 12: $310.45
EMA 26: $304.80
MACD: 5.6500 | Signal: 3.5555
BULLISH
ADX (14): 38.25
TREND
+DI: 32.17
−DI: 7.55
Momentum Oscillators
RSI (14): 75.46
OVERBOUGHT
Stoch %K: 91.35
Stoch %D: 87.54
Williams %R: -1.21
Volume & Volatility
BB Upper: $323.11
BB Lower: $280.79
OVERBOUGHT
OBV: 44,276,871
Vol SMA 20: 1,395,245
Vol ROC: 190.46%
ATR: $7.59
True Range: $11.85
HV 20: 19.8%
HV 30: 22.9%
HV 60: 24.3%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-11-06T00:00:00 – 2026-11-04T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers:
- Moderate volatility, following market trends
- Recent news sentiment neutral, with no significant catalysts
- Technical indicators suggest a neutral to bearish trend
Primary Risks:
- Potential for downside price action if technical signals weaken
- Risk of increased volatility if market conditions change
Investment Thesis:
FDX is a moderately volatile stock with a beta closer to the market. Recent news sentiment has been neutral, and technical indicators are hinting at a potential downturn. While there are no significant catalysts driving the stock, investors should be cautious and consider risk management strategies.
Recent News Sentiment Impact:
The recent news headlines are neutral, with no significant impact on the stock price. The articles focus on dividend stocks, industrial trends, and logistics partnerships, which do not provide a clear direction for FDX's performance.
Technical Analysis
Trend Direction: NEUTRAL (Short-term), BEARISH (Medium-term)
Support/Resistance Levels:
- SMA 20: $314.00 (support)
- SMA 50: $321.50 (resistance)
- Upper Bollinger Band: $324.70 (resistance)
- Lower Bollinger Band: $303.31 (support)
Momentum Signals:
- RSI: Neutral, not overbought or oversold
- MACD: Bearish signal line crossover
- Stochastic %K/D: Not indicating a strong trend
Volume Analysis:
- Volume SMA 20: 1343464.25 (not showing any significant trends)
- On-Balance Volume (OBV): 59283713.14 (indicating a neutral market)
News & Sentiment Analysis
Recent Headlines Summary:
The recent news headlines are neutral, focusing on dividend stocks and industrial trends.
Sentiment Assessment: NEUTRAL
Catalyst Identification:
No significant catalysts have been identified in the recent news headlines.
Market Narrative:
The technical signals suggest a potential downturn, while the news sentiment is neutral. This could lead to a market narrative where the stock price may experience some volatility.
Risk & Volatility Assessment
Risk Assessment: MODERATE
Beta Interpretation: 0.92 (moderate risk relative to market)
Volatility Regime: CURRENT VOLATILITY IS HISTORICALLY LOW
Options Market Signals:
- IV Rank: Low (1.0%)
- Current IV: 36.3%
- Expected Move: $22.12 (31 DTE)
- Volume Flow: Bullish sentiment
- Open Interest: Moderate bullishness
- Put/Call Volume Ratio: 0.25 (Bullish sentiment)
Downside Protection:
Support levels include SMA 20 and the Lower Bollinger Band.
Market Context & Positioning
Sector Performance: FDX is performing relatively well within its sector.
Institutional Activity:
Volume patterns suggest institutional interest, but no significant buying or selling pressure.
Correlation Analysis:
FDX has a moderate correlation with the market (R-squared interpretation).
Relative Valuation:
The stock price is trading within a range, and relative valuation suggests FDX may be reasonably priced.
Key Levels & Action Items
Critical Price Levels:
- SMA 20: $314.00 (support)
- SMA 50: $321.50 (resistance)
- Upper Bollinger Band: $324.70 (resistance)
Breakout/Breakdown Levels:
- Lower Bollinger Band: $303.31 (breakdown)
Time-Sensitive Catalysts:
No significant earnings dates or product launches have been identified.
Risk Management:
Stop-loss levels could be set around the SMA 20, and position sizing considerations should prioritize risk management.
Please note that this analysis is based on the provided data and may not reflect the actual performance of the stock.
Generated
News
All FDX news →
Share buybacks are accelerating as cost cuts free up cash, testing whether FedEx can sustain margin gains while shedding low-margin volume.
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Revenue hit $22.9B with adjusted EPS up 28% as optimization gains offset headwinds.
CEO Raj Subramaniam's transformation is making progress.
Showing 1–10 of 27
Page 1 of 3
Earnings History
16 of 23 under expected move
Avg Expected Move
7.28%
Avg Actual Move
6.05%
| Earnings Date | Timing | Expected Move | Actual Move | Ratio | Outcome |
|---|---|---|---|---|---|
| 2021-03-18 | After-Close | 5.48% | 6.10% | 1.11x | Exceeded |
| 2021-06-24 | After-Close | 4.39% | 3.87% | 0.88x | Within |
| 2021-09-21 | After-Close | 5.38% | 9.12% | 1.70x | Exceeded |
| 2021-12-16 | After-Close | 8.13% | 4.95% | 0.61x | Within |
| 2022-03-17 | After-Close | 6.86% | 3.98% | 0.58x | Within |
| 2022-06-23 | After-Close | 6.83% | 6.62% | 0.97x | Within |
| 2022-09-15 | After-Close | 1.65% | 21.40% | 12.97x | Exceeded |
| 2022-12-20 | After-Close | 7.81% | 3.43% | 0.44x | Within |
| 2023-03-16 | After-Close | 5.67% | 7.97% | 1.41x | Exceeded |
| 2023-06-20 | After-Close | 6.97% | 2.51% | 0.36x | Within |
| 2023-09-20 | After-Close | 5.19% | 4.52% | 0.87x | Within |
| 2023-12-19 | After-Close | 5.10% | 12.05% | 2.36x | Exceeded |
| 2024-03-21 | After-Close | 7.38% | 7.35% | 1.00x | Within |
| 2024-06-25 | After-Close | 15.48% | 15.53% | 1.00x | Exceeded |
| 2024-09-19 | After-Close | 10.25% | 15.23% | 1.49x | Exceeded |
| 2024-12-19 | After-Close | 14.15% | 0.05% | 0.00x | Within |
| 2025-03-20 | After-Close | 9.25% | 6.45% | 0.70x | Within |
| 2025-06-24 | After-Close | 7.62% | 3.27% | 0.43x | Within |
| 2025-09-18 | After-Close | 9.58% | 2.32% | 0.24x | Within |
| 2025-12-18 | After-Close | 6.05% | 0.58% | 0.10x | Within |
| 2026-03-19 | After-Close | 5.38% | 0.77% | 0.14x | Within |
| 2026-06-23 | After-Close | 6.98% | 0.13% | 0.02x | Within |
| 2026-10-28 | After-Close | 5.77% | 1.06% | 0.18x | Within |
Earnings calendar: this week’s reports with expected vs actual moves →
FDX Options Activity & IV Rank
FDX IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 26.8%
7-DTE IV: 29.7%
Expected Move: $20.12
7-DTE Move: $12.05
Days to Exp: 30 (2026-12-04)
Options Flow
Call Volume: 69
Put Volume: 103
P/C Volume: 1.493
BEARISH
Call OI: 1,137
Put OI: 177
P/C OI: 0.156
Total OI: 1,314
ATM Options Pricing
ATM Call: $10.25
ATM Put: $9.88
Call %: 3.1%
Put %: 3.0%
Chain Summary
Chain Volume: 10,225
Chain OI: 92,468
Last Updated: 11/4/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Dealer Positioning
TYPICAL γ
Estimated net dealer gamma is at the 29th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.
Gamma percentile
29%
vs own history
GEX tilt
-0.05
OI-weighted, today
Vanna tilt
+0.54
δ-sensitivity to IV
Charm tilt
-0.54
δ-decay vs time
Vanna tilt +0.54: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.54: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.
? What is this?
· 183 ATM contracts, 32k total OI
Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.
Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.
Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.
This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
29%
+2.0
pts
EXTREME
as of Nov 4 · ATM 28.9% / Wing 30.9%
30 DTE / 10d
94%
+11.7
pts
EXTREME
as of Nov 4 · ATM 26.7% / Wing 38.4%
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)16.7LowNov 4
IV Rank (30 DTE)13.6LowNov 4
Straddle Price (30 DTE)$20.12Nov 4
Beta Analysis
Risk Metrics
Beta: 0.7597
Alpha: 22.47%
Correlation: 0.2903
R-Squared: 8.4%
Stock Volatility: 33.6%
Market Volatility: 12.8%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own FDX
8 of 37 tracked investors
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Gates Foundation Trust Foundation Bill Gates | $746.6M | #8 of 24 | 0.0% | 13F | |
| Viking Global Hedge fund Andreas Halvorsen | $673.9M | #19 of 90 | +11.4% | 13F | |
| Citadel Hedge fund Ken Griffin | $350.7M | #82 of 6285 | -1.8% | 13F | |
| Point72 Hedge fund Steve Cohen | $117.7M | #142 of 1945 | -1.2% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $109.9M | #309 of 3716 | -8.2% | 13F | |
| Renaissance Technologies Hedge fund Jim Simons | $49.4M | #335 of 3138 | new | 13F | |
| Bridgewater Associates Hedge fund Ray Dalio | $20.8M | #195 of 997 | +4635.8% | 13F | |
| Rockefeller Capital Management Family office Rockefeller family | $13.7M | #611 of 4729 | -3.2% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
FDX Institutional Ownership (13F)
Latest filings — 2026-09-30
? 13F Guide
Diluted shares outstanding: 238,132,749 (as of 2026-09-30)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
34 filers$1.54B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $762.10M | 49.44% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $279.06M | 18.10% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $188.54M | 12.23% | 2026-06-30 |
| 4 | Wolverine Trading, LLC Custodian | $46.16M | 2.99% | 2025-09-30 |
| 5 | D. E. Shaw & Co., Inc. Custodian | $39.58M | 2.57% | 2026-06-30 |
| 6 | Walleye Trading LLC | $37.73M | 2.45% | 2026-06-30 |
| 7 | Citigroup Inc. Custodian | $30.84M | 2.00% | 2026-06-30 |
| 8 | LMR Partners LLP | $19.43M | 1.26% | 2026-06-30 |
| 9 | Cubist Systematic Strategies, LLC | $17.62M | 1.14% | 2025-09-30 |
| 10 | Point72 Asset Management, L.P. | $16.63M | 1.08% | 2026-06-30 |
| 11 | Eisler Capital Management Ltd. | $13.77M | 0.89% | 2025-09-30 |
| 12 | Walleye Capital LLC | $11.81M | 0.77% | 2026-06-30 |
| 13 | Alphadyne Asset Management LP | $11.65M | 0.76% | 2026-06-30 |
| 14 | BNP Paribas Financial Markets Custodian | $10.36M | 0.67% | 2026-06-30 |
| 15 | CAPITAL FUND MANAGEMENT S.A. | $9.46M | 0.61% | 2026-06-30 |
| 16 | Qube Research & Technologies Ltd | $7.80M | 0.51% | 2026-06-30 |
| 17 | Goldman Sachs Group Inc Custodian | $6.58M | 0.43% | 2026-06-30 |
| 18 | Lombard Odier Asset Management (USA) Corp | $6.26M | 0.41% | 2026-06-30 |
| 19 | NOMURA HOLDINGS INC | $5.64M | 0.37% | 2026-06-30 |
| 20 | DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. | $3.13M | 0.20% | 2026-06-30 |
| 21 | TUDOR INVESTMENT CORP ET AL | $2.72M | 0.18% | 2026-06-30 |
| 22 | Squarepoint Ops LLC | $2.63M | 0.17% | 2026-06-30 |
| 23 | Balyasny Asset Management L.P. | $2.54M | 0.16% | 2026-06-30 |
| 24 | Twin Tree Management, LP | $2.35M | 0.15% | 2026-06-30 |
| 25 | Belvedere Trading LLC | $2.33M | 0.15% | 2026-06-30 |
43 filers$1.38B notional
| # | Filer | Notional Value | % of Total | Period |
|---|---|---|---|---|
| 1 | Jane Street Group, LLC Custodian | $420.91M | 30.58% | 2026-06-30 |
| 2 | Susquehanna International Group, LLP Custodian | $362.64M | 26.34% | 2026-06-30 |
| 3 | Citadel Advisors LLC Custodian | $182.52M | 13.26% | 2026-06-30 |
| 4 | Walleye Trading LLC | $57.58M | 4.18% | 2026-06-30 |
| 5 | Wolverine Trading, LLC Custodian | $44.24M | 3.21% | 2025-09-30 |
| 6 | Citigroup Inc. Custodian | $40.39M | 2.93% | 2026-06-30 |
| 7 | BNP Paribas Financial Markets Custodian | $35.98M | 2.61% | 2026-06-30 |
| 8 | Eisler Capital Management Ltd. | $24.45M | 1.78% | 2025-09-30 |
| 9 | MIZUHO MARKETS AMERICAS LLC | $20.20M | 1.47% | 2026-06-30 |
| 10 | Alphadyne Asset Management LP | $19.51M | 1.42% | 2026-06-30 |
| 11 | LMR Partners LLP | $19.43M | 1.41% | 2026-06-30 |
| 12 | Balyasny Asset Management L.P. | $16.94M | 1.23% | 2026-06-30 |
| 13 | Point72 Asset Management, L.P. | $16.44M | 1.19% | 2026-06-30 |
| 14 | Cubist Systematic Strategies, LLC | $15.21M | 1.10% | 2025-09-30 |
| 15 | Qube Research & Technologies Ltd | $12.65M | 0.92% | 2026-06-30 |
| 16 | CAPITAL FUND MANAGEMENT S.A. | $8.49M | 0.62% | 2026-06-30 |
| 17 | Walleye Capital LLC | $7.86M | 0.57% | 2026-06-30 |
| 18 | Goldman Sachs Group Inc Custodian | $7.52M | 0.55% | 2026-06-30 |
| 19 | Leonteq Securities AG | $7.13M | 0.52% | 2026-09-30 |
| 20 | Centiva Capital, LP | $7.08M | 0.51% | 2026-06-30 |
| 21 | DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. | $6.26M | 0.45% | 2026-06-30 |
| 22 | NOMURA HOLDINGS INC | $5.64M | 0.41% | 2026-06-30 |
| 23 | Parallax Volatility Advisers, L.P. | $4.70M | 0.34% | 2026-06-30 |
| 24 | Squarepoint Ops LLC | $3.57M | 0.26% | 2026-06-30 |
| 25 | D. E. Shaw & Co., Inc. Custodian | $3.54M | 0.26% | 2026-06-30 |
FDX Insider Trading (Form 4)
Latest: 2026-11-03Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-11-03 | Frederick Perpall | Director | Award (A) | +398 | — | EDGAR | |
| 2026-11-03 | Gina F. Adams | EVP GENL COUNSEL/SECTY | Sell (S) | −3,014 | $317.06 | -$955.6K | EDGAR |
| 2026-11-03 | Nancy A Norton | Director | Award (A) | +398 | — | EDGAR | |
| 2026-11-03 | Mark A Edmunds | Director | Award (A) | +398 | — | EDGAR | |
| 2026-11-03 | Susan C Schwab | Director | Award (A) | +398 | — | EDGAR | |
| 2026-11-03 | Susan Patricia Griffith | Director | Award (A) | +657 | $313.23 | $81.1K | EDGAR |
| 2026-11-03 | Claude F Russ | Interim CFO & Interim CAO | Award (A) | +479 | — | EDGAR | |
| 2026-11-03 | Marvin R Ellison | Director | Award (A) | +527 | $313.23 | $40.4K | EDGAR |
| 2026-11-03 | Joshua Cooper Ramo | Director | Award (A) | +527 | $313.23 | $40.4K | EDGAR |
| 2026-11-03 | Paul S Walsh | Director | Award (A) | +398 | — | EDGAR | |
| 2026-10-30 | Tracy B Brightman | EVP - Chief People Officer | Mixed | −3,541 | $246.48 | -$4.61M | EDGAR |
| 2026-09-25 | Joshua Cooper Ramo | Director | Mixed | +2,606 | $185.92 | -$207 | EDGAR |
| 2026-08-31 | Marvin R Ellison | Director | Mixed | +2,945 | $194.72 | -$0 | EDGAR |
| 2026-08-18 | Vishal Talwar | EVP CDIO & PRESIDENT FDW | Award (A) | +1,489 | — | EDGAR | |
| 2026-08-07 | Richard W Smith | COO INTL - CEO Airline FEC | Other (J) | −253,927 | — | EDGAR |
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
FDX Insider Holdings
26 insiders · @ $329.40
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Frederick W Smith | Executive Chairman | 18,532,146 | $6.10B | -$438.84M | 48 | 2025-04-11 |
| 2 | Richard W Smith | COO INTL - CEO Airline FEC | 193,229 | $63.65M | -$1.28M | 13 | 2026-08-07 |
| 3 | Rajesh Subramaniam | President/CEO | 148,715 | $48.99M | -$11.69M | 26 | 2026-07-02 |
| 4 | R Brad Martin | Executive Chairman | 56,800 | $18.71M | -$1.30M | 27 | 2026-06-26 |
| 5 | John Alan Smith | COO - US&CAN FEC | 33,035 | $10.88M | -$5.50M | 13 | 2025-06-27 |
| 6 | Brie Carere | EVP/Chief Customer Officer | 28,296 | $9.32M | -$6.68M | 17 | 2026-07-02 |
| 7 | Gina F. Adams | EVP GENL COUNSEL/SECTY | 21,123 | $6.96M | -$9.60M | 7 | 2026-11-03 |
| 8 | Scott L Ray | COO, U.S. & CANADA | 19,376 | $6.38M | $0 | 2 | 2026-07-02 |
| 9 | Sriram Krishnasamy | EVP CDI Off & CTO/CEO FDW | 18,571 | $6.12M | -$2.71M | 6 | 2025-06-27 |
| 10 | Paul S Walsh | Director | 16,757 | $5.52M | -$13.83M | 41 | 2026-11-03 |
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
FDX Board & Officers
As of SEC filings through Nov 3, 2026Directors 13
- Frederick W Smith · on file since 2006
- Paul S Walsh · on file since 2006
- Susan C Schwab · since Jun 8, 2009
- Joshua Cooper Ramo · since Sep 26, 2011
- R Brad Martin · since Sep 26, 2011
- Marvin R Ellison · since Mar 10, 2014
- Susan Patricia Griffith · since Mar 12, 2018
- Rajesh Subramaniam · listed since Jun 2020
- Frederick Perpall · since Dec 13, 2021
- Amy B Lane · since Jun 14, 2022
- Nancy A Norton · since Sep 19, 2022
- Richard W Smith · listed since Apr 2026
- Mark A Edmunds · since Jun 8, 2026
Officers 11
- Rajesh Subramaniam · President/CEO · listed since Jul 2022
- Richard W Smith · COO INTL - CEO Airline FEC · listed since Jun 2024
- Vishal Talwar · EVP Cdio & President Fdw · since Aug 15, 2025
- John W Dietrich · EVP Chief Financial Off · since Aug 1, 2023
- Claude F Russ · Interim CFO & Interim CAO · since Jun 1, 2026
- Scott L Ray · COO, U.s. & Canada · since Jun 1, 2026
- Brie Carere · EVP/Chief Customer Officer · listed since Jul 2022
- Tracy B Brightman · EVP - Chief People Officer · since Jun 16, 2023
- Gina F. Adams · EVP Genl Counsel/secty · since Sep 24, 2024
- Kawal Preet · EVP - Plng, Eng, & Transfmtn · since Oct 1, 2025
- R Brad Martin · Executive Chairman · listed since Oct 2025
Changes in the last 10 years (54)
| Jun 8, 2026 | The company announced the departure of Silvia Davila from the board in an SEC filing |
| Jun 8, 2026 | Mark A Edmunds became a director |
| Jun 1, 2026 | Scott L Ray became COO, U.s. & Canada |
| Jun 1, 2026 | Claude F Russ became Interim CFO & Interim CAO |
| May 28, 2026 | The company announced the departure of John Alan Smith as COO - Us&can Fec in an SEC filing |
| May 14, 2026 | The company announced the departure of Guy M Erwin II as CVP Chief Accounting Officer in an SEC filing |
| Apr 16, 2026 | Richard W Smith first listed as a director in an SEC filing |
| Jan 12, 2026 | The company announced the departure of Stephen E Gorman from the board in an SEC filing |
| Oct 1, 2025 | R Brad Martin first listed as Executive Chairman in an SEC filing |
| Oct 1, 2025 | Kawal Preet became EVP - Plng, Eng, & Transfmtn |
| Aug 15, 2025 | Vishal Talwar became EVP Cdio & President Fdw |
| Jul 17, 2025 | The company announced the departure of Sriram Krishnasamy as EVP CDI Off & CTO/CEO FDW in an SEC filing |
| May 9, 2025 | The company announced the departure of David P Steiner from the board in an SEC filing |
| Sep 24, 2024 | Gina F. Adams became EVP Genl Counsel/secty |
| Jul 18, 2024 | Sriram Krishnasamy listed as EVP CDI Off & CTO/CEO FDW (previously EVP - CTO & CEO Dataworks) in SEC filings |
| Jun 28, 2024 | Richard W Smith listed as COO INTL - CEO Airline FEC (previously Pres&CEO, Air&Intl FXE) in SEC filings |
| Jun 28, 2024 | John Alan Smith listed as COO - Us&can Fec (previously President & CEO/FedEx Ground) in SEC filings |
| Jun 28, 2024 | Guy M Erwin II listed as CVP Chief Accounting Officer (previously Staff VP Int Prin Acct Officer) in SEC filings |
| Apr 9, 2024 | Frederick W Smith listed as Executive Chairman (previously Chairman/CEO) in SEC filings |
| Mar 11, 2024 | The company announced the departure of Robert B Carter as EVP Chief Info Officer in an SEC filing |
| Dec 22, 2023 | Silvia Davila became a director |
| Oct 21, 2023 | Guy M Erwin II became Staff VP Int Prin Acct Officer |
| Aug 1, 2023 | John W Dietrich became EVP Chief Financial Off |
| Jul 26, 2023 | The company announced the departure of Vincenzo J Vena from the board in an SEC filing |
| Jul 26, 2023 | The company announced the departure of Kim Jabal from the board in an SEC filing |
| Jun 23, 2023 | Richard W Smith listed as Pres&CEO, Air&Intl FXE (previously President/CEO FedEx Express) in SEC filings |
| Jun 16, 2023 | Tracy B Brightman became EVP - Chief People Officer |
| Sep 19, 2022 | Stephen E Gorman became a director |
| Sep 19, 2022 | Nancy A Norton became a director |
| Sep 1, 2022 | Richard W Smith became President/CEO FedEx Express |
| Aug 1, 2022 | Sriram Krishnasamy became EVP - CTO & CEO Dataworks |
| Jul 1, 2022 | Rajesh Subramaniam listed as President/CEO (previously President/COO) in SEC filings |
| Jul 1, 2022 | Brie Carere listed as EVP/Chief Customer Officer (previously EVP/Chief Mkt & Comm Officer) in SEC filings |
| Jun 14, 2022 | Vincenzo J Vena became a director |
| Jun 14, 2022 | Amy B Lane became a director |
| Mar 4, 2022 | The company announced the departure of Donald F Colleran as President/CEO FedEx Express in an SEC filing |
| Dec 13, 2021 | Frederick Perpall became a director |
| Oct 1, 2021 | Jennifer L Johnson became Cvp Prin Acct Officer |
| Jun 15, 2021 | John Alan Smith listed as President & CEO/FedEx Ground (previously President & CEO/FedEx Freight) in SEC filings |
| Mar 1, 2021 | Lance D Moll became President & CEO FedEx Freight |
| Sep 22, 2020 | Michael C. Lenz became EVP Chief Financial Off |
| Jun 16, 2020 | Rajesh Subramaniam first listed as a director in an SEC filing |
| Jun 11, 2019 | Donald F Colleran listed as President/CEO FedEx Express (previously EVP/Chief Sales Officer) in SEC filings |
| Apr 22, 2019 | Rajesh Subramaniam listed as President/COO (previously EVP/Chief Mkt & Comm Officer) in SEC filings |
| Mar 16, 2019 | Jill Brannon became EVP - Chief Sales Officer |
| Jan 1, 2019 | Brie Carere became EVP/Chief Mkt & Comm Officer |
| Aug 16, 2018 | John Alan Smith became President & CEO/FedEx Freight |
| Mar 12, 2018 | Susan Patricia Griffith became a director |
| Oct 1, 2017 | Mark R Allen became EVP Genl Counsel/secty |
| May 3, 2017 | Frederick W Smith listed as Chairman/CEO (previously Chairman/President/CEO) in SEC filings |
| Apr 13, 2017 | David J Bronczek listed as President/COO (previously President/CEO/FedEx Express) in SEC filings |
| Feb 1, 2017 | David L Cunningham Jr became President / CEO FedEx Express |
| Jan 1, 2017 | Rajesh Subramaniam became EVP/Chief Mkt & Comm Officer |
| Jan 1, 2017 | Donald F Colleran became EVP/Chief Sales Officer |
Not reported recently (16)
- Mark R Allen · Last reported as EVP Genl Counsel/secty in an SEC filing dated Jul 1, 2024
- Jennifer L Johnson · Last reported as Cvp Prin Acct Officer in an SEC filing dated Oct 6, 2023
- Michael C. Lenz · Last reported as EVP Chief Financial Off in an SEC filing dated Jul 20, 2023
- Jill Brannon · Last reported as EVP - Chief Sales Officer in an SEC filing dated Aug 5, 2022
- Lance D Moll · Last reported as President & CEO FedEx Freight in an SEC filing dated Jul 1, 2022
- Shirley A Jackson · Last reported as a director in an SEC filing dated Sep 28, 2021
- John L Merino · Last reported as Cvp Prin Acct Officer in an SEC filing dated Jun 15, 2021
- Henry J Maier · Last reported as President and CEO/FedEx Ground in an SEC filing dated May 7, 2021
- John C Inglis · Last reported as a director in an SEC filing dated Dec 23, 2020
- Alan B Graf Jr · Last reported as EVP Chief Financial Off in an SEC filing dated Jun 16, 2020
- John A Edwardson · Last reported as a director in an SEC filing dated Mar 20, 2020
- David J Bronczek · Last reported as President/COO in an SEC filing dated Jun 12, 2018
- Michael L Ducker · Last reported as President & CEO/FedEx Freight in an SEC filing dated Jun 12, 2018
- David L Cunningham Jr · Last reported as President / CEO FedEx Express in an SEC filing dated Jun 12, 2018
- James L Barksdale · Last reported as a director in an SEC filing dated Jan 5, 2018
- Christine P Richards · Last reported as EVP Genl Counsel/secty in an SEC filing dated Jun 13, 2017
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.
FDX Proposed Insider Sales (Form 144)
Latest: 2026-11-02
? Form 144 Guide
Last 30d:
2 filings
· $9.1M notice value
· Last 90d:
2 filings
· $9.1M notice value
· 2 unique filers
What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.
How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.
10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.
"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.
Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.
Top 90-day filers:
Brightman Tracy B (1, $8.2M) · ADAMS GINA F. (1, $944K)
| Filed | Filer | Role | Shares | Notice Value | Planned Sale | Broker | Plan | Link |
|---|---|---|---|---|---|---|---|---|
| 2026-11-02 | ADAMS GINA F. | Officer | 3,014 | $944.2K | 2026-11-02 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-10-30 | Brightman Tracy B | Officer | 26,611 | $8.19M | 2026-10-30 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-06-30 | WALSH PAUL S | Director | 5,042 | $1.64M | 2026-06-30 | Merrill Lynch, Pierce, Fenner, a… | — | EDGAR |
| 2026-04-15 | Brightman Tracy B | Officer | 16,959 | $6.28M | 2026-04-15 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-04-15 | SCHWAB SUSAN C | Director | 5,795 | $2.14M | 2026-04-15 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-04-14 | Preet Kawal | Officer | 4,900 | $1.82M | 2026-04-14 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-04-14 | ADAMS GINA F. | Officer | 20,450 | $7.61M | 2026-04-14 | Merrill Lynch, Pierce, Fenner & … | — | EDGAR |
| 2026-04-14 | Carere Brie | Officer | 2,700 | $1.00M | 2026-04-14 | UBS Financial Services, Inc. | — | EDGAR |
| 2025-07-23 | Ramo Joshua Cooper | Director | 3,610 | $836.4K | 2025-07-23 | Merrill Lynch | — | EDGAR |
| 2025-07-09 | Ellison Marvin R | Director | 3,610 | $861.7K | 2025-07-09 | Merrill Lynch | — | EDGAR |
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
Recent SEC Filings
Latest: 2026-06-01
Current reports — material events the company must disclose within 4 business days (earnings releases, M&A, executive changes, etc.).
| Filing Date | Accession | Link |
|---|---|---|
| 2026-06-01 | 0001104659-26-068519 | EDGAR |
| 2026-05-22 | 0001104659-26-065767 | EDGAR |
| 2026-05-18 | 0001104659-26-063198 | EDGAR |
| 2026-05-13 | 0001104659-26-060233 | EDGAR |
| 2026-04-13 | 0001104659-26-042617 | EDGAR |
| 2026-03-19 | 0001048911-26-000010 | EDGAR |
| 2026-03-12 | 0001104659-26-027156 | EDGAR |
| 2026-02-09 | 0001104659-26-012106 | EDGAR |
| 2026-02-05 | 0001104659-26-011069 | EDGAR |
| 2026-01-29 | 0001104659-26-007986 | EDGAR |
Annual report — audited financial statements, MD&A, risk factors. Filed 60–90 days after fiscal year-end.
| Filing Date | Accession | Link |
|---|---|---|
| 2025-07-21 | 0001048911-25-000011 | EDGAR |
| 2024-07-15 | 0000950170-24-083577 | EDGAR |
| 2023-07-17 | 0000950170-23-033201 | EDGAR |
| 2022-07-18 | 0000950170-22-012762 | EDGAR |
| 2021-07-19 | 0001564590-21-037031 | EDGAR |
| 2020-07-20 | 0001564590-20-032775 | EDGAR |
| 2019-07-16 | 0001564590-19-025065 | EDGAR |
| 2018-07-16 | 0001564590-18-016877 | EDGAR |
| 2017-07-17 | 0000950123-17-006152 | EDGAR |
| 2016-07-18 | 0001193125-16-650267 | EDGAR |
Quarterly report — unaudited financials and MD&A. Filed 40–45 days after each of the first three fiscal quarters.
| Filing Date | Accession | Link |
|---|---|---|
| 2026-03-19 | 0001048911-26-000011 | EDGAR |
| 2025-12-18 | 0001048911-25-000078 | EDGAR |
| 2025-09-18 | 0001048911-25-000044 | EDGAR |
| 2025-03-20 | 0000950170-25-042672 | EDGAR |
| 2024-12-19 | 0000950170-24-138460 | EDGAR |
| 2024-09-19 | 0000950170-24-108107 | EDGAR |
| 2024-03-21 | 0000950170-24-034709 | EDGAR |
| 2023-12-19 | 0000950170-23-071495 | EDGAR |
| 2023-09-20 | 0000950170-23-048994 | EDGAR |
| 2023-03-16 | 0000950170-23-008475 | EDGAR |
ETF Holders
328 ETFs hold FDX
25 shown · $9.70B total exposure · 0.17% AUM-weighted avg weight
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|---|---|---|---|---|---|
| 1 | VTI Vanguard Morningstar Total Stock Market ETF | Vanguard | 0.08% | $1.9B | — | 2026-09-30 |
| 2 | VOO Vanguard S&P 500 ETF | Vanguard | 0.10% | $1.6B | — | 2026-09-30 |
| 3 | IVV iShares Core S&P 500 ETF | iShares (BlackRock) | 0.11% | $936.0M | $886.8B | 2026-11-03 |
| 4 | SPY State Street® SPDR® S&P 500® ETF Trust | SPDR (State Street) | 0.11% | $863.0M | $804.8B | 2026-11-03 |
| 5 | VO Vanguard Morningstar Mid-Cap ETF | Vanguard | 0.30% | $650.2M | — | 2026-09-30 |
| 6 | VTV Vanguard Morningstar Value ETF | Vanguard | 0.23% | $578.5M | — | 2026-09-30 |
| 7 | XLI State Street® Industrial Select Sector SPDR® ETF | SPDR (State Street) | 1.28% | $404.6M | $31.5B | 2026-11-03 |
| 8 | DIVO Amplify CWP Enhanced Dividend Income ETF | Amplify | 3.31% | $268.9M | $8.1B | 2026-11-04 |
| 9 | VYM Vanguard High Dividend Yield ETF | Vanguard | 0.27% | $253.9M | — | 2026-09-30 |
| 10 | JEPI JPMorgan Equity Premium Income ETF | JPMorgan | 0.46% | $213.1M | $46.8B | 2026-11-04 |
| 11 | RSP Invesco S&P 500 Equal Weight ETF | Invesco | 0.20% | $204.2M | — | 2026-11-03 |
| 12 | SPYM State Street® SPDR® Portfolio S&P 500® ETF | SPDR (State Street) | 0.11% | $194.7M | $181.7B | 2026-11-03 |
| 13 | VOE Vanguard Morningstar Mid-Cap Value ETF | Vanguard | 0.52% | $189.6M | — | 2026-09-30 |
| 14 | AVLV Avantis U.S. Large Cap Value ETF | Avantis | 0.70% | $159.0M | $22.6B | 2026-11-03 |
| 15 | IWD iShares Russell 1000 Value ETF | iShares (BlackRock) | 0.18% | $153.0M | $85.3B | 2026-11-03 |
| 16 | DFAC Dimensional US Core Equity 2 ETF | Dimensional | 0.16% | $142.2M | — | 2026-11-03 |
| 17 | VLUE iShares MSCI USA Value Factor ETF | iShares (BlackRock) | 1.31% | $123.2M | $9.4B | 2026-11-03 |
| 18 | IVE iShares S&P 500 Value ETF | iShares (BlackRock) | 0.23% | $116.8M | $50.6B | 2026-11-03 |
| 19 | DGRO iShares Core Dividend Growth ETF | iShares (BlackRock) | 0.23% | $104.6M | $46.1B | 2026-11-03 |
| 20 | DGRW WisdomTree U.S. Quality Dividend Growth Fund | Nport | 0.60% | $100.4M | — | 2026-06-30 |
| 21 | SPMO Invesco S&P 500 Momentum ETF | Invesco | 0.48% | $99.7M | — | 2026-11-03 |
| 22 | SCHX Schwab U.S. Large-Cap ETF | Nport | 0.13% | $94.7M | — | 2026-05-31 |
| 23 | IYT iShares U.S. Transportation ETF | iShares (BlackRock) | 4.56% | $91.6M | $2.1B | 2026-11-03 |
| 24 | ITOT iShares Core S&P Total U.S. Stock Market ETF | iShares (BlackRock) | 0.10% | $91.4M | $97.0B | 2026-11-03 |
| 25 | SPYV State Street® SPDR® Portfolio S&P 500® Value ETF | SPDR (State Street) | 0.23% | $89.1M | $38.6B | 2026-11-03 |
Fundamentals
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
Metrics
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.
Trailing P/E
20.91
TTM Diluted EPS
$15.75
TTM Revenue
$91.76B
TTM Net Income
$3.76B
TTM Op. Cash Flow
—
Quarterly figures (12 quarters)
| Quarter | Period End | Revenue | Net Income | Diluted EPS | Op. Cash Flow |
|---|---|---|---|---|---|
| Q3 '26 | 2026-09-30 | $22.86B | $290.00M | $1.21 | — |
| Q4 '26 | 2026-05-31 | $25.01B | $1.59B | $6.64 | $3.27B |
| Q3 '26 | 2026-02-28 | $24.00B | $1.06B | $4.41 | $1.99B |
| Q2 '26 | 2025-11-30 | $23.47B | $956.00M | $4.04 | $1.95B |
| Q3 '25 | 2025-09-30 | $20.43B | $920.00M | $3.89 | — |
| Q1 '26 | 2025-08-31 | $22.24B | $824.00M | $3.46 | $1.72B |
| Q4 '25 | 2025-05-31 | $22.22B | $1.64B | $6.82 | $2.52B |
| Q3 '25 | 2025-02-28 | $22.16B | $909.00M | $3.76 | $2.01B |
| Q2 '25 | 2024-11-30 | $21.97B | $741.00M | $3.03 | $1.32B |
| Q1 '25 | 2024-08-31 | $21.58B | $794.00M | $3.21 | $1.19B |
| Q4 '24 | 2024-05-31 | $22.11B | $1.47B | $5.90 | $2.70B |
| Q3 '24 | 2024-02-29 | $21.74B | $878.00M | $3.51 | $1.61B |
Q3 2026 • period ending 2026-09-30 • filed 2026-10-28
Valuation
Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.
Price Multiples
- P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
- P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
- P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
- EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
- EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
- ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
- ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
- Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
- FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
- Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
- Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
- Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
- Multiples expanding while earnings are flat = sentiment-driven rally.
- Multiples compressing while earnings grow = value coming from fundamentals.
P/E
17.76
P/B
2.48
P/S
0.83
EV/EBITDA
8.43
EV/Sales
0.89
ROE
14.0%
ROA
4.5%
Div Yield
0.00%
FCF Yield
11.39%
Debt/Equity
0.59
Current Ratio
—
Market Cap
$78.35B
as of 2026-11-04
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
5.10M
SI % of Float
2.30%
Days to Cover
4.09
Short Vol Ratio
52.0%
Free Float
222.02M
Float %
93.8%
Short interest 2026-10-15 • Short volume 2026-11-04 • Float 2026-08-24