Rep. Maria Elvira Salazar (R-FL) Sells FedEx (FDX) Stock

Representative Maria Elvira Salazar sold shares of FedEx Corporation (NYSE: FDX) valued between $1,001 and $15,000 on September 24, 2026. This transaction was reported on October 7, 2026, as required under the STOCK Act.

What Changed in Salazar's FedEx Position

Salazar's recent sale adds to her activity in the market, following similar transactions involving other companies on the same day.

Other Institutional Activity in FedEx

Several major funds are active in FedEx shares. Blackrock Inc. grew its holdings by 1,980,058 shares, ending with 20,784,028 shares worth about $6.1 billion. Vanguard Capital Management LLC added 280,788 shares, bringing its total to 14,181,180 shares valued at approximately $4.2 billion. State Street Corporation increased its stake by 311,740 shares, resulting in 10,053,615 shares worth about $2.95 billion. Meanwhile, Primecap Management Company reduced its holdings by 146,132 shares, now holding 8,156,799 shares valued at around $2.4 billion. Vanguard Portfolio Management LLC also increased its position by 198,033 shares, totaling 7,347,236 shares worth about $2.2 billion.

FedEx Corporation Stock Up 0.8%

As of October 16, 2026, FedEx shares are trading at $294.08, which is 5.1% below the 50-day moving average of $309.83 and 2.5% below the 200-day average of $301.61. The stock is also 14.9% below its 52-week high of $345.37, but 55.6% above its 52-week low of $188.98. The mean price target set by analysts is $355.88, indicating that the stock is currently below this target.

Recent Earnings

FedEx reported trailing twelve-month revenue of approximately $94.7 billion, reflecting a year-over-year growth of 12.5%. The company has a net margin of 4.7% and a return on equity of 14.8%. The next earnings report is expected on October 28, 2026.

Insider Buying and Selling at FedEx Corporation

Earlier in the year, Director Paul S. Walsh sold 5,042 shares at an average price of $324.56 on June 30, 2026, amounting to a total value of approximately $1.6 million.

Analysts Set New Price Targets

On September 28, 2026, Evercore ISI Group maintained its In-Line rating on FedEx with a target of $351. This follows several prior ratings, including a Buy from Truist Securities with a target of $365 on June 25, 2026, and an Overweight rating from JP Morgan with a target of $400 on September 8, 2026.

About FedEx Corporation

FedEx Corporation, headquartered in Memphis, TN, provides transportation and logistics services globally. It operates mainly in two segments: Express U.S. Domestic and Express International. This company's performance is crucial to many businesses, including those in Salazar's district, as it plays a key role in supply chain management.

Bottom Line

Investors should keep an eye on FedEx's upcoming earnings report on October 28, 2026, for insights into the company's performance. As of now, Salazar's sale adds to her recent trading activity, which includes transactions in other companies on the same day.