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FedEx Corporation $FDX Position Lessened by Oppenheimer Asset Management Inc.
Oppenheimer Asset Management Inc. reduced its stake in FedEx Corporation by 3.0% in the fourth quarter, selling 8,763 shares and now holding 286,726 shares valued at $82.82 million. Despite this reduction, FedEx remains Oppenheimer’s 13th largest position, accounting for 1.0% of its holdings. The article also details insider selling activity from EVP Gina F. Adams and Director Susan C. Schwab, alongside varied analyst ratings and market sentiment surrounding FedEx’s stock performance and future outlook.