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David J. Bates, the Chief Operating Officer of XPO, Inc. (NYSE:XPO), recently acquired additional shares in the company. According to a recent SEC filing, Bates purchased 1,880 shares of XPO common stock on March 13, 2025. The shares were bought at an average price of $106.1598 each, amounting to a total transaction value of approximately $199,580. Following this acquisition, Bates now holds 21,106 shares in the transportation services company, currently valued at around $2.3 million based on XPO’s market price of $107.24.The timing of this purchase is notable, as XPO’s stock has declined 18% year-to-date, with analyst price targets ranging from $85 to $180. According to InvestingPro analysis, the stock appears overvalued at current levels, with high earnings and Price/Book multiples. For deeper insights into insider trading patterns and 12 additional exclusive ProTips, subscribers can access XPO’s comprehensive Pro Research Report, part of InvestingPro’s coverage of 1,400+ US stocks.
In other recent news, XPO Logistics reported its fourth-quarter earnings for 2024, revealing an adjusted earnings per share (EPS) of $0.89, significantly surpassing the forecasted $0.6556. Despite slightly missing revenue expectations with $1.9 billion against a forecast of $1.93 billion, the company’s full-year revenue grew by 4% to $8.1 billion. XPO’s adjusted EBITDA increased by 27% to $1.3 billion, reflecting strong operational efficiency. Benchmark analysts have raised XPO’s stock price target to $160, maintaining a Buy rating, citing long-term earnings growth driven by higher pricing and operational improvements. Stifel analysts also upgraded XPO’s stock rating to Buy, setting a price target of $147, highlighting the company’s effective strategy and execution in integrating acquisitions. Citi analyst Ariel Rosa adjusted the price target for XPO shares to $148 from $170, noting a year-over-year decrease in daily tonnage for February. Despite the challenges, XPO’s CEO Mario Harik expressed optimism, expecting strong pricing to support the company’s margin outlook. These developments are part of XPO’s ongoing strategic efforts to maintain profitability and operational efficiency in a challenging economic environment.
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